Company Number: 13884452

Analysis Date: 2025-07-29 20:41 UTC

1. Credit Opinion: DECLINE Lash Cartelll Ltd is a micro-entity engaged in hairdressing and beauty treatment with minimal fixed assets and a single employee. The company has reported consistent and significant net current liabilities and negative shareholders' funds over the past three years, worsening from -£3,167 in 2022 and 2023 to -£7,168 in 2024. This indicates poor financial health and an inability to meet short-term obligations. The negative equity position and absence of positive net assets signal that the company is reliant on external funding or director support to continue operations. Given the ongoing losses and deteriorating balance sheet, the company lacks the financial resilience to support new credit facilities at this stage.

2. Financial Strength: The balance sheet shows total assets of only £151 (fixed and current assets combined) against current liabilities of £7,319 as of February 2024. Net current liabilities of -£7,288 represent a highly leveraged position with no buffer to absorb financial shocks. Shareholders' funds are negative and have more than doubled in deficit compared to the previous year. No tangible fixed assets or investments are present to secure credit. The company’s micro-entity size and limited asset base restrict its capacity for financial growth or expansion without additional capital injection.

3. Cash Flow Assessment: Current assets consist of nominal cash and receivables (£31), insufficient to cover short-term liabilities of £7,319. This creates a working capital deficiency, indicating liquidity stress. The absence of audit and detailed cash flow statements limits visibility, but the negative net current assets confirm that the company is unable to self-finance operations or repay debts from available liquid resources. The single director’s background as a beautician suggests limited financial management expertise, further increasing risk.

4. Monitoring Points:

• Improvement in net current assets and shareholders’ funds.
• Reduction in current liabilities or restructuring of debts.
• Evidence of positive operating cash flow or capital injection.
• Director’s ability to manage financial controls and business growth.
• Timely filing of accounts and confirmation statements to ensure compliance.