FORTIS VENTURES LTD

Executive Summary

Fortis Ventures Ltd is an early-stage micro-entity with a weak balance sheet showing negative net assets and working capital. The company currently lacks liquidity and operating history to support credit risk. Credit approval is not recommended at this stage without significant improvement in financial position and cash flow generation.

FORTIS VENTURES LTD - Analysis Report

Company Number: 14849535

Analysis Date: 2025-07-29 17:40 UTC

1. Credit Opinion: DECLINE
   Fortis Ventures Ltd is a newly incorporated micro-entity with minimal operating history and a negative net asset position (£-19). The current liabilities (£941) exceed current assets (£868) resulting in a negative working capital position (net current assets of £-73), indicating potential liquidity constraints. The company has no employees and minimal fixed assets (£53), which suggests it may be in a start-up phase without established revenue streams or cash generation capability. Given these factors and the absence of historical profitability or cash flow data, the company currently lacks the financial strength to reliably service debt or credit facilities.

2. Financial Strength:
   The balance sheet is weak with a negative net asset base, albeit small in absolute terms. The company’s liabilities slightly exceed its assets, and shareholders’ funds are negative, indicating either initial start-up losses or capital shortfalls. No accumulated reserves or retained earnings are present, reflecting no operational profit history. Being classified as a micro-entity, the scale is minimal and the financial base is fragile, exposing it to risk if any unexpected expenses or credit demands arise.

3. Cash Flow Assessment:
   The negative net current assets position is a key concern, showing current liabilities surpass current assets. This points to potential liquidity risk and limited working capital. No information on cash balances or operating cash flows is provided, but the accounts indicate no employees and minimal assets, suggesting limited ongoing business activity or cash generation. Without positive cash flow or external capital infusion, the company’s ability to meet short-term obligations is doubtful.

4. Monitoring Points:

• Track subsequent filing of annual accounts for evidence of revenue generation and profitability improvements.
• Monitor changes in net current assets and net asset position to assess financial stabilisation.
• Review any new director appointments or changes in ownership/control that may affect financial stewardship.
• Watch for any overdue filings or indications of financial distress such as late payments or creditor pressure.