MY MINI MAKER LIMITED

Executive Summary

MY MINI MAKER LIMITED displays significant financial strain characterized by negative net assets, minimal revenue, and substantial long-term liabilities. The company's financial "vital signs" suggest distress, necessitating urgent restructuring and cash flow improvement. With targeted action focusing on debt management, revenue enhancement, and operational efficiency, the company can work toward restoring financial health and stability.

MY MINI MAKER LIMITED - Analysis Report

Company Number: 13102563

Analysis Date: 2025-07-20 14:18 UTC

Financial Health Assessment for MY MINI MAKER LIMITED

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1. Financial Health Score: D

Explanation:
The company shows persistent signs of financial distress with negative net assets for several years and significant long-term liabilities. Although there is an improvement in 2023 with net assets turning positive on paper, this is due to increased liabilities incorrectly represented (see details below). The lack of fixed assets, minimal turnover, and no employees further constrain operational capacity. Overall, the financial indicators suggest the company is struggling to maintain a healthy financial position and requires urgent management attention.

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2. Key Vital Signs

Metric	2023 Value	Interpretation
Turnover	Not reported	Insufficient revenue data for 2023; last known turnover in 2022 was £10,034, which is very low, indicating limited sales activity.
Fixed Assets	£0	No long-term assets; potentially no capital investment or owned property/equipment.
Current Assets	£2,778	Minimal cash and receivables, indicating limited liquidity.
Current Liabilities	£0	No short-term debts recorded, which is unusual and may reflect accounting treatment.
Long-term Liabilities	£23,500	Significant liabilities due after more than one year, indicating debt burden.
Net Assets (Equity)	-£20,722	Negative equity shows the company owes more than it owns, a key symptom of financial distress.
Share Capital	£1	Minimal capital invested by owners, limiting financial buffer.
Employees	0	No staff, indicating very low operational scale or outsourcing.

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3. Diagnosis: What the Financial Data Reveals

• Symptom of Distress: Negative Net Assets
  For multiple years (2020, 2022, 2023), the company reported negative net assets, meaning liabilities exceed assets. This is akin to a patient whose vital signs show organ stress; the company’s balance sheet health is compromised.

• Liabilities Structure Concern:
  The 2023 accounts show current liabilities as zero but long-term liabilities of £23,500, which is unusually high for a micro-entity and inconsistent with previous years. This could indicate restructuring of debt or delayed payments, but it creates an illusion of improved short-term liquidity while increasing future obligations.

• Cash Flow Constraints:
  Current assets are very low, and with no employees, the company likely operates at a minimal level or depends heavily on external contractors. This "thin blood flow" limits the company's ability to cover immediate expenses or invest for growth.

• Lack of Asset Base:
  No fixed assets suggest the company either leases equipment or operates digitally with minimal capital investment. This lowers the barrier to entry but can restrict operational capacity and scalability.

• Revenue Insufficiency:
  Turnover in prior years was very low, and no turnover figure is reported for 2023. This points to weak sales performance or possibly non-operational status.

• Governance and Management:
  Directors appear active and local, which is positive. However, the company’s financial health indicates potential issues in business model viability or market demand.

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4. Recommendations: Steps to Improve Financial Wellness

• Immediate Financial Restructuring:
  Engage with creditors regarding the long-term liabilities to renegotiate terms or convert debt to equity, alleviating the pressure on the balance sheet.

• Increase Working Capital:
  Seek additional capital injections either through equity or short-term loans to improve liquidity, enabling smoother operational cash flow ("healthy blood flow").

• Boost Revenue Streams:
  Reassess the business model and marketing strategies to increase turnover. Consider diversifying product offerings or expanding sales channels to generate more robust income.

• Cost Control and Operational Efficiency:
  Given zero employees, ensure operational costs are minimized, but also evaluate if investing in skilled staff or outsourcing could enhance productivity and revenue.

• Asset Acquisition Strategy:
  Depending on business needs, consider investing in key fixed assets to support growth and stability, while balancing financial risk.

• Regular Financial Monitoring:
  Implement monthly or quarterly financial reviews to track cash flow, liabilities, and profitability, allowing early detection of financial symptoms before they worsen.

• Professional Advice:
  Consult with financial advisors or turnaround specialists to develop a tailored recovery plan, addressing both short-term liquidity and long-term sustainability.

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