Company Number: 13800806

Analysis Date: 2025-07-20 14:50 UTC

1. Credit Opinion: DECLINE
   KNOW SOMEONE? LIMITED is a very small micro-entity with minimal financial resources and no employees. The latest financials show current assets of only £100 and net assets of £100 at the year-end 2023, with virtually no cash or working capital buffer. This extremely limited asset base and lack of operating scale suggest insufficient capacity to service debt or meet commercial credit obligations reliably. The company has a very short trading history since incorporation in late 2021 and no evidence of revenue or profitability growth. Given the high risk profile, lack of financial depth, and absence of operational data, the company does not currently meet prudent lending criteria.

2. Financial Strength:
   The balance sheet is minimalistic with total net assets of £100 and current assets also at £100, representing a very modest capital base. There are no fixed assets or material working capital. Shareholders’ funds reflect a nominal amount, indicating no retained earnings or reserves. The company’s micro-entity status means it is exempt from audit and detailed disclosures, limiting financial transparency. Overall, the financial structure is very weak and fragile with negligible equity and no material financial cushion.

3. Cash Flow Assessment:
   Cash position is not explicitly disclosed beyond nominal current assets of £100, which suggests extremely limited liquidity. The company has no employees and likely minimal operating expenditures, but there is no evidence of positive cash flow generation or working capital adequacy. The absence of trade creditors or debt data further limits assessment but given the scale, short-term liquidity risk is very high if unexpected expenses arise. Working capital is positive but trivial in size.

4. Monitoring Points:

• Monitor future filed accounts for evidence of revenue generation and cash flow improvements.
• Watch for any changes in capital structure or new funding injections to bolster liquidity.
• Track director and PSC changes that might impact governance or financial stewardship.
• Review overdue filings or negative public credit events indicating financial distress.
• Observe industry conditions in software development that might affect operational viability.