NOXTERRA ACADEMY LIMITED

Executive Summary

Noxterra Academy Limited shows persistent negative equity and inadequate working capital, with no signs of financial improvement over three years. The company’s liquidity position is weak, raising significant concerns about its ability to service debt or sustain operations without additional capital. Credit approval is not recommended without substantial evidence of turnaround or enhanced financial stability.

NOXTERRA ACADEMY LIMITED - Analysis Report

Company Number: 13452100

Analysis Date: 2025-07-29 17:28 UTC

1. Credit Opinion:
   DECLINE. Noxterra Academy Limited demonstrates a weak financial position, with persistent net liabilities and negative shareholders’ funds (£-152) over three consecutive years. Current liabilities consistently exceed current assets (£100 vs. £252), indicating insufficient working capital to meet short-term obligations. The company’s financial statements show no improvement or growth trajectory, and absence of audited accounts or profit and loss details further limits transparency and confidence in operational profitability. Given these factors, the risk of default or inability to service new credit facilities is high.

2. Financial Strength:
   The balance sheet indicates ongoing net current liabilities of £152 and negative equity, reflecting accumulated losses or insufficient capital injection. The company is classified as a micro-entity with minimal fixed assets reported, and share capital remains nominal at £100. The lack of growth in assets or reduction in liabilities over three years suggests stagnation or financial distress. The absence of retained earnings or reserves means the company lacks a cushion against downturns or unexpected expenses.

3. Cash Flow Assessment:
   With current liabilities more than double the current assets, liquidity is critically constrained. The company’s working capital position is negative, implying reliance on external funding or director support to sustain day-to-day operations. The micro-entity status and single employee count suggest a very small scale operation with limited cash inflows. No cash flow statements are provided, but the balance sheet alone raises concerns about the company’s ability to meet short-term debts or finance growth.

4. Monitoring Points:

• Improvement in net current assets and reduction of short-term liabilities.
• Evidence of positive cash flow generation or capital infusion to restore equity.
• Filing of full accounts including profit and loss statements for better assessment.
• Director’s plans for business growth or restructuring to improve financial health.
• Timely submission of future returns and avoidance of overdue filings.