Company Number: 14469775

Analysis Date: 2025-07-20 12:24 UTC

1. Credit Opinion: DECLINE
   RA TRADE LIMITED is a newly incorporated micro-entity with extremely limited financial history and negligible financial substance. The latest micro-entity balance sheet as of 30 November 2023 shows net current liabilities of £52 and net assets of negative £52, indicating the company is technically insolvent on its balance sheet. There are no employees and no significant assets or revenues reported. The company’s ability to service any debt or repay credit facilities is highly doubtful at this stage. Without evidence of positive cash flow, profitability, or capital injection, extending credit is not advisable.

2. Financial Strength:
   The company’s financials reveal a very weak balance sheet. Total assets less current liabilities stand at negative £52, indicating liabilities slightly exceed assets. Shareholders’ funds are negative, reflecting no retained earnings or capital buffer. The absence of fixed or current assets and minimal liabilities suggest the company is either dormant or in a start-up phase with negligible operations. This financial position is inadequate to support any meaningful borrowing or credit risk.

3. Cash Flow Assessment:
   There is no disclosed cash or working capital available. Net current assets are negative, and the company reports no employees or operating activity. This implies no operational cash inflows or liquidity to meet short-term obligations. The negative working capital position points to potential cash flow constraints. Without operational cash flow or external funding, liquidity risk is very high.

4. Monitoring Points:

• Monitor filing of next annual accounts for signs of operational revenue or capital injections.
• Watch for changes in net current assets turning positive, indicating improved liquidity.
• Track director’s declarations or credit exposures that may affect risk profile.
• Review any external financing arrangements or guarantees that could improve credit standing.