Company Number: 14497403

Analysis Date: 2025-07-20 19:16 UTC

1. Credit Opinion: DECLINE
   Holden Facilities Limited is a very recently incorporated micro-entity operating in scaffold erection. The company reported net liabilities of £12,998 at its first year-end with minimal current assets (£1,796) and significant creditors due after more than one year (£37,629). The negative net assets and small asset base indicate weak financial strength and limited capacity to service debt. No trading profit or cash flow data is available, and the company currently employs no staff, suggesting limited operating activity or scale. The directors have changed recently, which may indicate some internal restructuring risk. Given the early stage of the business and negative equity, extending credit would entail elevated risk without additional security or guarantees.

2. Financial Strength:
   The balance sheet shows fixed assets of £22,835 and current assets of £1,796, but creditors falling due after more than one year total £37,629, resulting in net liabilities of £12,998. Shareholders funds are negative, reflecting accumulated losses or initial funding shortfalls. The company qualifies as a micro entity with limited filing requirements, so detailed profit and loss or cash flow statements are not available. The absence of employees further suggests limited operational scale. Overall, the financial position is fragile with no equity buffer and a reliance on creditor funding.

3. Cash Flow Assessment:
   Current assets of £1,796 versus current liabilities of £0 (since creditors over one year are long-term) suggest minimal working capital but no immediate short-term liquidity issues. However, the very low current asset base indicates limited cash or receivables to support day-to-day operations. No data on cash flows or profitability is reported, and no employees are recorded, which may imply limited trading activity or reliance on owner management. The company’s ability to generate sufficient cash to meet operating costs and service debts is unproven and uncertain.

4. Monitoring Points:

• Monitor future annual accounts for improvements in net assets and profitability.
• Watch cash flow statements closely once available, focusing on liquidity and operating cash generation.
• Track any increase in employee numbers or turnover as indicators of business growth.
• Review director changes and any related party transactions for governance risks.
• Assess the company's ability to reduce creditor balances and build shareholder equity over time.