FOX ACCOUNTING SOLUTIONS LTD

Executive Summary

FOX ACCOUNTING SOLUTIONS LTD exhibits weak financial health characterized by negative net assets and poor liquidity, with current liabilities significantly exceeding current assets. The company’s minimal capital base and lack of employees indicate limited operational and financial capacity to service debt. Given these factors, credit facilities should be declined until material improvements occur.

FOX ACCOUNTING SOLUTIONS LTD - Analysis Report

Company Number: 13108418

Analysis Date: 2025-07-20 11:24 UTC

1. Credit Opinion: DECLINE
   FOX ACCOUNTING SOLUTIONS LTD shows a persistently negative net asset position as of the latest accounts, with net liabilities increasing from £142 (2024) to £275 (2025). The company’s current liabilities substantially exceed current assets, indicating poor short-term liquidity and an inability to cover immediate debts from available resources. No employees are reported, and share capital is minimal (£1), suggesting limited operational scale and financial resources. The lack of positive working capital and growing negative equity raise serious concerns about the company’s ability to service new or existing credit facilities.

2. Financial Strength:
   The balance sheet reflects weak financial health. The net assets are negative and deteriorated over the last two years, indicating accumulated losses or liabilities exceeding assets. The company’s total current liabilities (£304 in 2025) are over 10 times the share capital and far exceed current assets (£29), highlighting poor capital structure and solvency risk. There is no indication of fixed assets or other long-term assets to support borrowing capacity. Overall, the company lacks financial resilience.

3. Cash Flow Assessment:
   Current assets are very low, primarily cash or equivalents, and have declined year on year. The company’s working capital is deeply negative, implying insufficient liquidity for day-to-day operations and debt servicing. Absence of employees and minimal operational scale suggest limited cash inflows. Without evidence of positive cash flow generation or external funding, the company’s ability to meet payment obligations is questionable.

4. Monitoring Points:

• Monitor future filings closely for improvement in net assets and working capital.
• Watch for changes in current liabilities and any new borrowings.
• Track any changes in ownership or director appointments that might signal restructuring.
• Assess any operational developments that could improve cash flow or profitability.