JACQUI WILSHER-ELLIS LIMITED

Executive Summary

Jacqui Wilsher-Ellis Limited’s latest financials reveal significant decline in liquidity and net asset position, raising serious concerns about its ability to meet obligations and sustain operations. The company is currently in a negative working capital and shareholder deficit position with very limited cash reserves. Given these factors, credit approval is not recommended at this time without substantial evidence of financial recovery or external support.

JACQUI WILSHER-ELLIS LIMITED - Analysis Report

Company Number: 12666446

Analysis Date: 2025-07-20 18:28 UTC

1. Credit Opinion: DECLINE
   Jacqui Wilsher-Ellis Limited shows a marked deterioration in financial health over the last fiscal year ended June 2024. The company moved from positive net assets and net current assets in 2023 (£2,005 and £1,596 respectively) to significant net liabilities and negative working capital (£-8,326 net assets and £-8,633 net current assets). This signals a weakened ability to meet short-term obligations and service debt. The steep decline in cash from £24,672 to only £574 further restricts liquidity. Without evidence of a turnaround plan or external support, the company currently lacks sufficient financial resilience and stability to safely extend credit.

2. Financial Strength:
   The balance sheet reflects significant erosion of shareholder funds, shifting from a modest positive equity position in prior years to a deficit of £8,426 in retained earnings as of June 2024. Tangible fixed assets are minimal (£307), providing limited collateral value. Current liabilities exceed current assets by a wide margin, indicating poor liquidity management. The company’s small share capital (£100) and accumulated losses suggest limited buffer against operational risks and financial stress.

3. Cash Flow Assessment:
   Cash on hand has plummeted to £574 from nearly £25,000 the previous year, implying either high cash burn or inability to collect receivables or convert assets to cash efficiently. Negative net current assets reveal working capital deficiency, raising concerns about paying suppliers and other short-term creditors on time. The company’s current creditor balance of £9,207 compared to a very low cash position indicates potential liquidity constraints. The absence of detailed cash flow statements limits full analysis, but the available data points to cash flow problems.

4. Monitoring Points:

• Watch quarterly cash flow trends closely for signs of improvement or further deterioration.
• Monitor changes in current liabilities and any overdue payables.
• Review upcoming filings for notes on management strategies to restore financial health.
• Observe any new financing or capital injections that could stabilize liquidity and equity.
• Keep track of director appointments or changes that might impact governance and financial discipline.