Company Number: 15220870

Analysis Date: 2025-07-20 16:08 UTC

1. Credit Opinion: DECLINE. Rem Supreme Construction Ltd is a newly incorporated small construction company with only one financial period filed. The company shows net liabilities of £2,919 and negative shareholders' funds, indicating an initial loss or investment phase. Current liabilities exceed current assets, resulting in negative working capital. Without a track record of profitability or positive net assets, the credit risk is high. The company lacks demonstrated capacity to service debt or absorb financial shocks at this early stage.

2. Financial Strength: The balance sheet reflects a weak financial position. Total current assets are £35,346, mainly debtors (£34,774) with minimal cash (£572). Current liabilities are £38,265, largely taxation and social security liabilities (£37,547), leading to net current liabilities of £2,919. There are no fixed assets reported. Shareholders' funds are negative at £2,919, showing that the company is undercapitalized and currently insolvent on a net asset basis.

3. Cash Flow Assessment: Cash holdings are very low at £572, which is insufficient to cover immediate liabilities. The large debtor balance may be subject to collection risk, and the company’s ability to convert receivables to cash in a timely manner is uncertain. Negative net current assets and a high taxation and social security creditor balance suggest cash flow constraints. Working capital is inadequate to support ongoing operations without additional funding or improved collections.

4. Monitoring Points:

• Improvement in net assets and working capital position in future accounts.
• Timely payment of tax and social security liabilities to avoid penalties.
• Cash conversion cycle and debtor aging to assess liquidity.
• Profitability trends and turnover growth to evaluate operational viability.
• Any director or shareholder capital injections to strengthen financial position.
• Compliance with filing deadlines and any changes in company status or control.