Company Number: 13110548

Analysis Date: 2025-07-20 11:22 UTC

1. Credit Opinion: DECLINE
   Kalisseril Ltd shows persistent negative net assets and working capital deficits over four consecutive years, indicating ongoing financial weakness and insolvency risk. The company’s net current liabilities increased from £1,947 in 2021 to £2,516 in 2024, reflecting worsening short-term liquidity. Without positive equity or substantial current assets, the company has limited capacity to meet debt obligations or absorb financial shocks. Additionally, the absence of employees and minimal share capital (£1) suggest a very small operation with limited resources. Given these factors, extending credit would carry high risk.

2. Financial Strength:
   The company is classified as a micro-entity with very limited fixed assets and an extremely weak balance sheet. The total net assets (shareholders’ funds) are negative and deteriorating, from -£975 in 2021 to -£2,516 in 2024. This indicates accumulated losses and a lack of retained earnings. Current assets are minimal (£457 at 2024 year-end), while current liabilities have grown (£2,973), resulting in a significant working capital deficit. This financial structure signals poor solvency and a fragile capital base.

3. Cash Flow Assessment:
   Current liabilities substantially exceed current assets, yielding negative net current assets each year. This implies the company is likely reliant on external financing or shareholder support to meet short-term obligations. No positive cash buffers or liquid assets are evident. Without cash flow statements available, the balance sheet strongly suggests chronic liquidity constraint, which undermines the company’s ability to service loans or pay suppliers on time.

4. Monitoring Points:

• Track any improvements in working capital and net asset position in future filings.
• Monitor for changes in director or shareholder structure that might affect financial support.
• Watch for any signs of cash flow stabilization or positive trading results.
• Check for overdue filings or late payment notices which may indicate worsening financial stress.
• Assess any expansion of business activities or capital injection that could enhance creditworthiness.