Company Number: 13808514

Analysis Date: 2025-07-29 19:28 UTC

1. Credit Opinion: DECLINE
   GG-756-596 LIMITED shows signs of financial distress with net current liabilities and negative shareholders’ funds in the latest year. The company’s ability to service debt and meet liabilities appears weak, as current liabilities slightly exceed current assets. The presence of a large directors’ loan account as a creditor further indicates reliance on internal funding rather than external cash generation. Without evidence of profitability or positive cash flow, the credit risk is high.

2. Financial Strength:
   The balance sheet reveals minimal fixed assets and current assets largely composed of debtors (£32,508) and negligible cash (£202). Current liabilities (£32,720) essentially match current assets, resulting in a net current liability position of £10 for 2023, down from a positive £285 in 2022. Shareholders funds have deteriorated from £285 to negative £110, reflecting accumulated losses or withdrawals. The company operates within a small exemption regime and is relatively new (incorporated late 2021), so lack of extensive financial history limits trend analysis.

3. Cash Flow Assessment:
   Cash holdings are very low, indicating limited liquidity to cover short-term obligations. Debtors constitute the majority of current assets but may pose collection risk if not converted promptly to cash. The directors’ current accounts liability of £32,635 suggests the company is financed internally by directors’ funds rather than generating operational cash flow. No reported employees or payroll costs imply limited operational activity.

4. Monitoring Points:

• Improvement in liquidity ratios, particularly cash and net current assets
• Reduction or regularisation of directors' loan accounts to ensure sustainable funding structure
• Profitability indicators or positive retained earnings to rebuild shareholders’ funds
• Timely collection of debtors to improve working capital
• Any changes in director involvement or PSC structure that might affect financial support