JB GLOBAL ASSETS LIMITED

Executive Summary

JB Global Assets Limited is currently financially distressed, with negative net assets and high leverage undermining its ability to meet debt obligations. Liquidity is critically low, and there is no evidence of operational activity to support sustainable cash flow. Credit exposure to this company is high risk and not recommended for approval without significant mitigation measures.

JB GLOBAL ASSETS LIMITED - Analysis Report

Company Number: 14022079

Analysis Date: 2025-07-29 14:55 UTC

1. Credit Opinion: DECLINE
   JB Global Assets Limited shows a negative net asset position (-£9,218 as of April 2024), indicating the company’s liabilities exceed its assets. The company has substantial long-term creditors (£177,704) far exceeding its fixed assets (£170,531), and current assets are minimal (£92) with current liabilities exceeding current assets. This financial structure suggests weak solvency and limited ability to meet obligations as they fall due. The absence of employees and minimal current assets further weaken operational capacity and cash generation potential. Without evidence of revenue generation or improvements in working capital, the risk of default is high.

2. Financial Strength:
   The balance sheet reveals persistent negative equity over the last two years, reflecting accumulated losses or undercapitalization. Fixed assets remain constant at £170,531, but the company is heavily leveraged with long-term liabilities of approximately £178k. The net current liabilities position (-£2,045) signals poor liquidity management. Overall, the financial strength is weak, with significant solvency concerns and no clear signs of capital injection or profit retention to improve the equity base.

3. Cash Flow Assessment:
   Current assets amounting to only £92 as of the latest accounts indicate extremely limited liquidity to cover imminent liabilities of £2,137 within one year. Negative net current assets point to likely cash flow constraints. The lack of employees and operational information raises questions about the company’s ability to generate cash flows internally. The company appears dependent on external funding or asset disposals to service debt, increasing financial risk.

4. Monitoring Points:

• Monitor for any capital injections or shareholder loans that could improve net asset position.
• Track changes in current asset levels and working capital to assess liquidity improvements.
• Watch for any overdue filings or changes in creditor balances that might signal distress.
• Review any forthcoming trading or operational information to evaluate revenue generation prospects.
• Observe director actions and any new filings indicating restructuring or refinancing efforts.