MANORTON E G B LIMITED

Executive Summary

Manorton E G B Limited is a very recently incorporated micro-entity with minimal financial resources and negative working capital. The company currently lacks sufficient liquidity and operational history to support credit facilities. Close monitoring of future financial statements and trading developments is recommended before reconsidering credit exposure.

MANORTON E G B LIMITED - Analysis Report

Company Number: 15085479

Analysis Date: 2025-07-29 19:54 UTC

1. Credit Opinion: DECLINE
   Manorton E G B Limited is a newly incorporated micro-entity with minimal financial history and a very limited asset base. The company shows net current liabilities of £600 against current assets of only £100, indicating poor short-term liquidity. With net assets of only £100 and no employees or trading history, the company currently lacks the financial strength and operational track record to support additional credit. The absence of audit and limited disclosures further increase risk. Without meaningful collateral or cash flow evidence, approval for credit facilities is not justified at this early stage.

2. Financial Strength:
   The balance sheet reveals very low fixed assets (£700) and current assets (£100), with current liabilities of £700 leading to net current liabilities of £600. Net assets stand at only £100, funded entirely by shareholders' equity. This indicates a very thin capital base and limited buffer against financial stress. The company is classified as a micro-entity, exempt from audit, and has no employees, suggesting that it is likely in a start-up or holding phase without operational income.

3. Cash Flow Assessment:
   Current liabilities exceed current assets by a factor of six, signaling poor liquidity and an inability to meet short-term obligations from current resources. No evidence of cash or cash equivalents is provided beyond the current assets figure, and no trading or revenue data are available to suggest positive operating cash flows. The company’s working capital position is negative, raising concerns over its ability to service debt or supplier payments without additional funding.

4. Monitoring Points:

• Monitor future annual accounts for improvement in net current assets and liquidity ratios.
• Track incorporation of trading activity or revenue generation to assess operational viability.
• Review director and shareholder funding injections or external financing arrangements.
• Watch for any overdue filings or changes in company status that may signal distress.
• Assess any changes in control or director appointments that could impact governance.