GLR SOLUTIONS LIMITED

Executive Summary

GLR SOLUTIONS LIMITED shows minimal financial activity and very limited net assets, with no growth or profitability indicators over multiple years. The company's weak financial position and negligible working capital margin suggest it lacks the capacity to support credit exposure. Credit facilities are not recommended unless significant operational or financial improvements are demonstrated.

GLR SOLUTIONS LIMITED - Analysis Report

Company Number: 13481064

Analysis Date: 2025-07-29 20:19 UTC

1. Credit Opinion: DECLINE
   GLR SOLUTIONS LIMITED presents very limited financial strength with minimal net assets of £1,617 and stagnant current assets and liabilities over the past three years. The company operates in management consultancy, a sector that can be volatile and dependent on client contracts, but there is no evidence of turnover or profitability data to support servicing debt. The absence of employees and static financial position over multiple years indicates minimal business activity and limited cash generation capability. Given the negligible working capital and no sign of growth or profitability, the company lacks sufficient financial resilience to support additional credit risk.

2. Financial Strength:
   The balance sheet is extremely thin with net current assets of only £1,617 and no fixed assets reported. The net asset base equals shareholders' funds, indicating no external borrowings but also minimal equity buffer. The unchanged figures for current assets and liabilities for three consecutive years suggest no material operational or financial changes, which is a concern for business viability and growth. The micro-entity status restricts detailed disclosure, but the financial position appears fragile.

3. Cash Flow Assessment:
   Current assets of £18,183 primarily represent short-term assets, likely cash or receivables, matched closely by current liabilities at £16,566, leaving a working capital margin of just £1,617. This slim liquidity cushion means the company has very limited room to absorb cash flow disruptions or to service debt beyond immediate liabilities. Absence of employees suggests minimal operational outgoings, but also minimal revenue generation, raising questions about cash inflows.

4. Monitoring Points:

• Track any increase in turnover or profitability disclosures in future accounts to assess revenue generation capacity.
• Monitor changes in working capital and net assets for signs of business activity or capital injections.
• Observe director and shareholder activity for indications of restructuring or new financing.
• Confirm timely filing of accounts and confirmation statements to assess operational governance.