Company Number: 14926134

Analysis Date: 2025-07-20 15:11 UTC

1. Credit Opinion: DECLINE
   MACALLE & SONS LIMITED is a newly incorporated micro-entity with very limited financial history and negligible net assets (reported net assets of -£1). The balance sheet shows a negative net asset position, indicating an insolvent position at the year-end. There is no evidence of operating cash flow or profitability, and current liabilities are minimal but the overall financial position suggests no buffer to absorb losses or service debt. Given the early stage and weak financial footing, the company currently lacks the capability to service credit facilities or meet financial obligations beyond minimal working capital needs.

2. Financial Strength:
   The company is categorized as a micro-entity with only one employee and minimal filings. The latest accounts show net liabilities of £1, indicating total liabilities slightly exceed total assets. There are no fixed or current assets disclosed to provide collateral or liquidity. Shareholders’ funds are negative. The balance sheet does not reflect any meaningful capital injection or retained earnings, which is typical for a start-up but signals a fragile financial base.

3. Cash Flow Assessment:
   There is insufficient information on cash flow or turnover, but the micro-entity accounts and the balance sheet position imply extremely limited operational activity or revenue generation. With only one employee and minimal liabilities, working capital is effectively nil. Without positive cash inflows from operations or external funding, liquidity is uncertain, posing a risk for meeting any credit repayment schedule.

4. Monitoring Points:

• Monitor subsequent filings for improved profitability, asset base growth, and positive net assets.
• Watch for any capital injections or loans that strengthen the balance sheet.
• Track turnover and cash flow statements upon future filings to evaluate operational viability.
• Keep an eye on payment behavior and any overdue filings that may indicate distress.
• Assess changes in ownership or management that might impact financial stewardship.