FLEXI-ESTATE LTD

Executive Summary

FLEXI-ESTATE LTD is currently financially weak, with negative net assets and insufficient liquidity to meet short-term obligations. The company’s small scale and micro-entity status limit its creditworthiness, and overdue filings raise governance concerns. Credit facilities are not recommended until the company improves its financial position and compliance status.

FLEXI-ESTATE LTD - Analysis Report

Company Number: 13837982

Analysis Date: 2025-07-20 11:36 UTC

1. Credit Opinion: DECLINE
   FLEXI-ESTATE LTD shows a severely negative net asset position at the latest year-end (£-205) compared to positive net assets (£100) the prior year. The current liabilities (£305) exceed current assets (£100), indicating a negative working capital of £205, which raises significant liquidity concerns. The company has minimal operational scale (one employee) and no fixed assets, with no evidence of profitability or cash generation. The overdue confirmation statement filing also reflects some governance or compliance weaknesses. Overall, the company does not currently demonstrate the financial strength or stability necessary to support new credit facilities.

2. Financial Strength:
   The balance sheet is very weak. The company moved from a small positive net asset base (£100) in 2023 to a net liability position (£-205) in 2024 due to current liabilities exceeding current assets. There are no fixed assets or significant tangible resources to secure credit. The micro-entity status and minimal asset base reflect a very small operation with limited financial resilience. Shareholders’ funds have turned negative, indicating erosion of equity.

3. Cash Flow Assessment:
   Cash on hand is minimal (£100) and insufficient to cover short-term liabilities (£305). Working capital is negative, signaling potential difficulties in meeting immediate obligations without additional capital injection or financing. The absence of reported profits or retained earnings suggests limited internal cash generation, raising concerns about ongoing liquidity and operational funding.

4. Monitoring Points:

• Monitor improvement in net current assets and overall net asset position in subsequent filings.
• Watch for timely submission of statutory returns to assess management and governance quality.
• Observe any increase in fixed assets or cash reserves that would improve liquidity.
• Track company’s ability to reduce current liabilities or secure longer-term funding to improve balance sheet stability.