Company Number: 15027574

Analysis Date: 2025-07-20 12:13 UTC

1. Credit Opinion: DECLINE. KHARAMMUS LIMITED shows a negative net asset position of £3,103 as at 31 July 2024 despite being a newly incorporated company. The company’s current liabilities exceed its current assets by a significant margin, indicating inadequate liquidity and working capital to meet short-term obligations. The business has no employees and minimal reported current assets (£1), raising concerns about its operational scale and ability to generate cash flow. Without evidence of incoming revenue or capital injection, the company poses a high credit risk at this stage.

2. Financial Strength: The balance sheet reveals a weak financial position with net liabilities of £3,103. The company’s total assets are nominal, and current liabilities exceed assets, resulting in negative net current assets. Shareholders’ funds are also negative, reflecting that the company’s capital base is insufficient to cover its debts. Given the micro-entity status and recent incorporation, the company is likely in the startup phase with limited financial stability.

3. Cash Flow Assessment: With current assets of only £1 and current liabilities of £3,104, the company has a negative working capital position of -£3,103. This suggests an inability to cover short-term liabilities from liquid resources. The absence of employees and lack of disclosed revenue or cash inflows further indicate poor cash flow generation capability. The company's ability to service debt or meet operational expenses without additional funding is questionable.

4. Monitoring Points:

• Track future filings for improvements in net assets and liquidity.
• Monitor any capital injections or loan arrangements that improve working capital.
• Assess revenue generation and cash flow statements once available.
• Review management actions to address the negative net asset and working capital position.
• Watch for any late filings or insolvency indicators as early warning signs.