Company Number: 13906178

Analysis Date: 2025-07-29 18:24 UTC

1. Credit Opinion: DECLINE
   Maake Academy Ltd is a very recently incorporated private limited company (since February 2022) with no recorded net current assets, net assets, or shareholders’ funds over three consecutive years. The company reports zero employees and no profit and loss account filed, indicating no operational trading or financial activity. The absence of financial data and cash flow history makes it impossible to assess the company’s ability to service debt or manage working capital. There is no evidence of business growth or financial resilience, and the sole director holds full ownership but has not demonstrated financial stewardship through meaningful filings. Given the lack of financial substance and operational history, extending credit would be highly risky.

2. Financial Strength:
   The balance sheet is effectively nil with net current assets and net assets reported as zero for the last three financial years. Shareholders’ funds are also zero, indicating no equity capital injection or retained earnings. The company shows no fixed or current assets, no liabilities, and no working capital. The accounts are unaudited and prepared under small company exemptions, with no profit and loss account submitted, suggesting minimal or no business activity. This indicates a lack of financial substance and no cushion to absorb economic shocks.

3. Cash Flow Assessment:
   With zero net current assets and no employees, the company does not demonstrate liquidity or operational cash inflows/outflows. There is no evidence of cash or equivalents to cover short-term liabilities, nor working capital to support business operations. The absence of trading history and financial transactions signals no capacity to generate cash flow to meet credit obligations.

4. Monitoring Points:

• Monitor for future filing of profit and loss accounts and audited financial statements to detect operational commencement.
• Watch for changes in net current assets and shareholders’ funds indicating capital injection or asset acquisition.
• Review director’s conduct and any PSC changes for signs of business restructuring or strategy shifts.
• Observe timely submission of statutory accounts and returns to ensure compliance and transparency.