LIBERTY CAMPER CONVERSIONS (POOLE) LIMITED

Executive Summary

LIBERTY CAMPER CONVERSIONS (POOLE) LIMITED is currently financially distressed with negative net assets and a significant working capital deficit shortly after incorporation. The lack of liquidity and absence of fixed assets render the company unable to meet short-term obligations or service debt. Credit facilities should be declined unless substantial improvements or capital support are demonstrated promptly.

LIBERTY CAMPER CONVERSIONS (POOLE) LIMITED - Analysis Report

Company Number: 14785449

Analysis Date: 2025-07-20 13:09 UTC

1. Credit Opinion: DECLINE
   The company exhibits significant financial distress indicators with net current liabilities of £14,904 and negative net assets of the same amount, despite its very recent incorporation in 2023. Operating as a micro-entity with minimal current assets (£1) and no fixed assets, it lacks liquidity and collateral to support credit facilities. The absence of positive working capital and accumulated losses suggests it cannot presently service debt obligations. Additionally, the limited trading history and negative equity position increase credit risk substantially. Without clear evidence of imminent capital injection or operational turnaround, extending credit is not advisable.

2. Financial Strength:
   The balance sheet reveals a weak financial position. Total liabilities within one year stand at £14,905, with only £1 in current assets, resulting in a working capital deficit of £14,904. No fixed assets are recorded, implying negligible tangible backing. Shareholders’ funds are negative at £14,904, indicating the company is insolvent on a balance sheet basis. This financial structure is fragile and offers no buffer to absorb losses or economic shocks.

3. Cash Flow Assessment:
   The company’s cash position is effectively nil, with current assets largely comprising cash or equivalents at £1. Negative net current assets demonstrate immediate liquidity issues, meaning current liabilities far exceed available liquid resources. This situation points to a high risk of default on short-term obligations. Without operating cash inflows or external funding, the company’s ability to maintain working capital or meet creditor demands is severely compromised.

4. Monitoring Points:

• Improvement in net current assets to positive territory
• Evidence of capital infusion or shareholder loans to bolster liquidity
• Generation of operating income sufficient to cover short-term liabilities
• Timely filings of accounts and confirmation statements to monitor compliance and ongoing activity
• Changes in director or ownership structure that may impact financial stability