JTR TECHNICA LTD

Executive Summary

JTR TECHNICA LTD is an early-stage micro-entity with a weak financial position, including negative equity and working capital deficits. The company currently lacks the financial strength and liquidity to support credit facilities, posing a high risk for lending. Close monitoring of future financial performance and capital injections is recommended before reconsidering credit support.

JTR TECHNICA LTD - Analysis Report

Company Number: 15218164

Analysis Date: 2025-07-20 13:40 UTC

1. Credit Opinion: DECLINE
   JTR TECHNICA LTD is a newly incorporated micro-entity with limited financial history. Its latest accounts show net liabilities of £200 and negative working capital of £820, indicating current liabilities exceed current assets. The absence of employees and minimal fixed and current assets, combined with negative net assets, suggest the company currently lacks sufficient financial strength to service debt or sustain operations without additional funding. Given its early stage and weak balance sheet, granting credit would be high risk without substantial guarantees or proven cash flow.

2. Financial Strength:
   The balance sheet reflects a fragile financial position. Fixed assets are minimal (£979), and current liabilities (£1,423) exceed current assets (£603), resulting in a net current liability of £820. The total assets less current liabilities stand at only £159, but after accruals and deferred income, the company reports net liabilities of £200. Shareholders’ funds are negative, indicating an equity deficit. This suggests the company is currently undercapitalized and financially vulnerable.

3. Cash Flow Assessment:
   The company holds limited current assets and a negative working capital position, raising concerns about liquidity and ability to meet short-term obligations. With no employees reported and no disclosed profit and loss figures, there is no evidence of operational cash flow generation. The negative net current assets imply reliance on external financing or shareholder support to cover immediate liabilities.

4. Monitoring Points:

• Track cash flow statements and operating performance once available to assess if the company generates sustainable cash inflows.
• Monitor subsequent filings for improvement in net assets and working capital ratios.
• Review any new debt or equity injections that strengthen the financial base.
• Watch for trade creditor payment patterns and any delays that may signal liquidity stress.
• Confirm the ongoing involvement and financial commitment of the sole director and shareholder, Mr. James Turner.