PAWRUM LTD

Executive Summary

PAWRUM LTD is a micro-entity with minimal assets and no operational scale, showing no ability to service debt or generate cash flow. Its financial position is fragile, with negligible working capital and no evidence of business resilience. Credit facilities are not recommended at this stage due to high risk of default and insufficient financial information.

PAWRUM LTD - Analysis Report

Company Number: 13660538

Analysis Date: 2025-07-29 12:58 UTC

1. Credit Opinion: DECLINE
   PAWRUM LTD demonstrates extremely limited financial substance and operational scale, with negligible current assets (£4) and no recorded employees. The company's balance sheet shows virtually no working capital or tangible net assets, suggesting an inability to service debt or sustain operations without external funding. The financial trajectory is unclear due to volatile and minimal asset values, and the lack of revenue or profitability data raises concerns about business viability and resilience. Given the micro-entity size and absence of cash flow or income, the risk of default is high, and management appears inexperienced with no evidence of sound financial stewardship.

2. Financial Strength:
   The balance sheet is minimalistic, showing current assets of just £4 in 2023 and no current liabilities, resulting in net current assets of £4. Total net assets are £4, reflecting the company's nominal share capital rather than operational value. Prior year figures are inconsistent, with reported creditors after one year in 2022 at £3,345 but reduced to zero in 2023, suggesting possible debt restructuring or write-off. The company has no fixed assets or reserves and zero employees, indicating no operational scale or asset backing. Overall, financial strength is extremely weak.

3. Cash Flow Assessment:
   No meaningful cash flows can be inferred from the accounts. Current assets are negligible and there are no recorded liabilities requiring payment within the year. The absence of employees and operational data suggests no trading activity generating cash inflows. Working capital is minimal, and the company likely depends on shareholder funding or external financing. Liquidity risk is high due to the lack of cash or receivables.

4. Monitoring Points:

• Filing of full accounts and any trading updates to assess operational progress.
• Changes in current assets and liabilities to detect cash flow improvements or deterioration.
• Any indications of new financing or capital injection.
• Directors’ conduct and any changes in control or governance.
• Business activity reports or revenue figures to assess viability.