OVER THERE OVER HERE LTD

Executive Summary

OVER THERE OVER HERE LTD is a very early-stage micro-entity with negligible financial resources and no trading history, resulting in an inability to demonstrate creditworthiness at this time. The company’s minimal balance sheet and liquidity position provide no comfort on its capacity to service debt. Credit extension is not recommended until the company establishes stable operations and financial performance.

OVER THERE OVER HERE LTD - Analysis Report

Company Number: 14459540

Analysis Date: 2025-07-20 12:21 UTC

1. Credit Opinion: DECLINE
   OVER THERE OVER HERE LTD is a newly incorporated micro-entity with minimal financial history and an extremely limited asset base (£52 net assets). The company shows no fixed assets and negligible current assets, indicating it currently holds almost no operating capital or liquidity. The absence of liabilities suggests no debt burden, but also no meaningful financial activity or trading history to assess repayment capacity. Given the extremely limited scale, no revenue or profit data, and only one employee (likely the director), the company lacks demonstrated ability to service credit obligations. Consequently, extending credit at this stage would be high risk without additional financial information or supporting guarantees.

2. Financial Strength:
   The balance sheet reveals a nominal net asset value of £52, reflecting essentially start-up status with very limited capital invested. No fixed assets or significant current assets are held. The company’s capital structure is minimal, with shareholders’ funds equal to net assets, showing no external financing or reserves. This financial position indicates very low financial strength and no buffer to absorb operational or financial shocks.

3. Cash Flow Assessment:
   Current assets of £52 and zero current liabilities imply positive but negligible net working capital. The company’s liquidity position is extremely weak, with insufficient cash or equivalents to support daily operations or debt servicing. Without evidence of revenue or cash inflows, the cash flow outlook is uncertain and likely inadequate to cover any short-term obligations.

4. Monitoring Points:

• Review future financial statements for evidence of revenue generation, profitability, and cash flow improvements.
• Monitor changes in net current assets and liquidity ratios as the business develops.
• Track any new borrowings or credit facilities and the company’s ability to meet repayment schedules.
• Assess director’s financial support or external funding arrangements.
• Watch for filing of confirmation statements and accounts to ensure compliance and transparency.