Company Number: 12591789

Analysis Date: 2025-07-20 18:24 UTC

1. Credit Opinion: DECLINE
   MY OWN STORE LIMITED exhibits a weak financial position evidenced by negative net current assets (working capital deficit) of £9,590 as of 31 May 2024, deteriorating from prior years. The company shows signs of increasing current liabilities exceeding current assets, signaling potential liquidity stress. Despite being active with no overdue filings, the company operates at a micro scale with minimal equity (£1 share capital) and minimal financial buffer, which raises concerns about its ability to meet short-term obligations and service debt reliably. Without evidence of profitability, cash flow generation, or stronger asset backing, credit approval is not recommended.

2. Financial Strength:
   The company’s balance sheet reveals a net liability position with total net assets of -£9,590 (negative equity), worsening from -£2,255 the prior year. Current liabilities exceed current assets by this amount, indicating working capital deficiency. No fixed assets or other long-term assets are reported, limiting collateral value. Shareholders’ funds have deteriorated, reflecting accumulated losses or increased liabilities. Overall, the financial strength is weak, with insufficient capital to absorb shocks.

3. Cash Flow Assessment:
   Current assets are primarily £62,857, but these are offset by current liabilities of £72,447, resulting in negative net working capital. This suggests the company may face difficulty in funding day-to-day operations or servicing short-term debt without additional financing or capital injections. The consistency of current assets from 2023 to 2024 with rising liabilities indicates pressure on liquidity. The micro-entity status and single employee further constrain operational scale and cash flow generation.

4. Monitoring Points:

• Watch for further deterioration or improvement in net current assets and net liabilities.
• Monitor any changes in shareholder funding or capital injections to support liquidity.
• Track timely filing of accounts and confirmation statements to assess governance and compliance.
• Review any new debt facilities or repayment patterns to assess credit risk evolution.
• Observe operational performance and any strategic actions to improve cash flow or reduce liabilities.