ROCKETENDONARS LTD

Executive Summary

ROCKETENDONARS LTD is a very early-stage micro company with limited financial history and marginal net assets. The current working capital deficit and lack of operational data raise concerns about its ability to service credit facilities. Approval for credit at this stage is not advisable; ongoing monitoring of financial progress and liquidity improvement is essential before reconsideration.

ROCKETENDONARS LTD - Analysis Report

Company Number: 15199334

Analysis Date: 2025-07-29 21:14 UTC

1. Credit Opinion:
   DECLINE. ROCKETENDONARS LTD is a newly incorporated micro-entity with minimal operating history and limited financial data. The latest accounts show negative net current assets (£-62), indicating a working capital deficit and potential liquidity strain. The company’s current liabilities slightly exceed current assets, and total net assets are modest (£567). Without evidence of significant revenue generation or positive cash flow, the ability to service debt or meet credit obligations is highly uncertain at this stage.

2. Financial Strength:
   The balance sheet shows very limited fixed assets (£629) and current assets (£869) offset by nearly equivalent current liabilities (£931). The net asset position is positive but marginal (£567), reflective of initial capital contributions rather than operational profitability. The micro company status and single employee suggest a very small scale with limited financial resilience. The absence of retained earnings or reserves implies no accumulated profit buffer.

3. Cash Flow Assessment:
   Negative working capital (current assets less current liabilities) is a concern, as it suggests the company may struggle to cover short-term obligations with available liquid resources. No cash flow statements or profit & loss data were provided, but the balance sheet signals potential cash flow constraints. As a start-up in hospital activities (SIC 86101), initial capital investment and working capital needs may be high, increasing risk without established turnover or cash inflows.

4. Monitoring Points:

• Timely filing of next accounts and confirmation statements to track operational progress.
• Improvement in working capital position and liquidity metrics.
• Evidence of revenue generation and profitability in forthcoming financial periods.
• Changes in director or ownership that may affect credit risk.
• Any external funding or capital injections to strengthen financial base.