Company Number: 13442636

Analysis Date: 2025-07-20 16:24 UTC

1. Credit Opinion: DECLINE. IH CAPITAL LTD shows significant financial weakness with net liabilities of £2,929 as at 30 June 2024, indicating the company’s liabilities exceed its assets. The company operates in the real estate sector but has minimal current assets (£1,071) against current liabilities (£4,000), suggesting liquidity challenges and limited capacity to service debt or meet short-term obligations. The absence of profit and loss data prevents assessment of profitability, but the negative net assets and working capital deficit raise material concerns on its financial resilience and creditworthiness.

2. Financial Strength: The balance sheet reveals a micro-entity with very limited capital (£2 share capital) and negative shareholders’ funds (-£2,929). The company has deteriorated from positive net assets of £2 in 2023 to net liabilities in 2024. Current liabilities substantially exceed current assets, creating a net current liability position of £2,929. This signals weak capitalization and inadequate buffer to absorb financial shocks. The company employs two staff but lacks evidence of profit generation or asset growth, which undermines balance sheet strength.

3. Cash Flow Assessment: Cash or near cash resources are minimal (£1,071 current assets, presumed largely receivables or cash equivalents) compared to short-term debts of £4,000. This negative working capital position suggests a potential cash flow strain, as the company may struggle to meet obligations on time. No cash flow statement is provided, but the financials imply limited operational liquidity, increasing risk of default or need for external financing to cover liabilities.

4. Monitoring Points:

• Monitor updated accounts for improvement in net assets and working capital.
• Watch for any evidence of profitability or cash generation in subsequent filings.
• Track payment patterns and any overdue liabilities or creditor pressures.
• Review changes in capital structure or director injections to strengthen finances.
• Assess any operational changes or strategic initiatives to improve financial health.