JHETAIR DEVELOPMENTS LIMITED

Executive Summary

Jhetair Developments Limited exhibits weak financial metrics with persistent negative working capital and shareholders' funds, indicating poor capacity to meet liabilities. The company’s liquidity position is strained, and without improvement or capital support, credit risk remains high. Close monitoring of cash flows and financial management actions is essential before considering credit exposure.

JHETAIR DEVELOPMENTS LIMITED - Analysis Report

Company Number: 14125056

Analysis Date: 2025-07-20 15:28 UTC

Credit Opinion:
DECLINE. Jhetair Developments Limited is a recently incorporated micro-entity with consistent negative net current assets and shareholders' funds over its short operating history. The company’s balance sheet reveals a weak financial position, indicating an inability to meet current liabilities with available current assets. There is no evidence of profitability or equity injection to strengthen the financial base, posing significant credit risk.

Financial Strength:
The company’s balance sheet at 31 March 2024 shows current assets of £2 against current liabilities of £26, resulting in net current liabilities of £24. This negative working capital position has deteriorated from the previous year’s net current liabilities of £11. Total assets less current liabilities and shareholders’ funds are negative at £24, reflecting accumulated losses or insufficient capital. This indicates poor financial health and lack of buffer to absorb shocks.

Cash Flow Assessment:
With minimal current assets (cash or equivalents) and liabilities exceeding these by a large margin, liquidity is severely constrained. The company likely faces difficulties in meeting short-term obligations. There is no reported cash flow from operations or financing activities to suggest an improvement in liquidity. Working capital is negative and worsening, indicating ongoing cash flow stress.

Monitoring Points:

• Monitor quarterly or interim financials for signs of capital injection or improvement in working capital.
• Track any changes in director loans or related party financing that could support liquidity.
• Watch for overdue filings or signs of financial distress such as delayed payments or creditor actions.
• Assess any strategic business developments that might improve profitability or asset base.