PRIME CRAFT LTD

Executive Summary

Prime Craft Ltd is a very recently formed micro-entity with minimal financial substance and negligible assets. The lack of trading history, working capital, and cash flow capability renders it unsuitable for credit facilities at this stage. Close monitoring of future financial filings and operational progress is essential before reconsidering credit exposure.

PRIME CRAFT LTD - Analysis Report

Company Number: 14453818

Analysis Date: 2025-07-29 20:54 UTC

1. Credit Opinion: DECLINE
   Prime Craft Ltd is a newly established micro-entity with minimal financial data available. The balance sheet shows nominal assets of £1 and no substantive current assets or working capital. There is no evidence of operating income, profitability, or cash generation to support debt servicing. The company’s financial position is extremely weak, and it lacks a track record or financial resilience to withstand economic stress or meet credit obligations.

2. Financial Strength:
   The company’s balance sheet is very limited, reflecting net assets and shareholders’ funds of just £1. There are no fixed or material current assets, and net current assets stand at £1, indicating virtually no working capital. This minimal equity base and asset position provide no margin of safety for creditors and suggest the company is in its infancy with no established financial robustness.

3. Cash Flow Assessment:
   With current assets of only £1, liquidity is effectively non-existent. There is no information on cash flow from operations or any other source. Working capital is negligible, which implies an inability to cover short-term liabilities or operational expenses. Without cash flow data or evidence of trading activity, the risk of insolvency or inability to meet obligations is high.

4. Monitoring Points:

• Future trading performance and revenue generation
• Timely filing of subsequent accounts to track financial progress
• Cash flow statements and profit & loss accounts when available
• Any changes in capital structure or external funding injections
• Operational developments, especially customer contracts or supplier terms