Company Number: 12535365

Analysis Date: 2025-07-29 12:08 UTC

1. Credit Opinion: DECLINE. Rokket Digital Ltd shows a weakening financial position with consecutive years of net liabilities and negative net current assets, indicating liquidity stress and insufficient short-term resources to cover current liabilities. The company’s inability to maintain positive equity and working capital raises concerns about its capacity to meet debt obligations without external support. The micro-entity status and small scale limit financial resilience, and the trend suggests deteriorating credit quality.

2. Financial Strength: The balance sheet reveals a declining net asset position from £9,732 positive in 2020 to a negative £2,663 in 2024. Fixed assets are minimal and declining, while current liabilities consistently exceed current assets, resulting in negative working capital (-£3,530 in 2024). Shareholders’ funds have turned negative, reflecting accumulated losses eroding capital. The lack of tangible asset backing and persistent net liabilities depict a fragile financial foundation.

3. Cash Flow Assessment: Current liabilities surpass current assets by a significant margin, pointing towards potential cash flow constraints. The company’s working capital deficit implies reliance on external financing or delayed payments to sustain operations. No positive cash buffer or reserves are evident, increasing the risk of payment delays or defaults on short-term obligations. Without improvements in cash generation or capital injection, liquidity risks remain high.

4. Monitoring Points:

• Improvement or further deterioration in net current assets and net liabilities.
• Timeliness and completeness of future accounts and confirmation statements filings.
• Any capital injections or external financing arrangements to shore up liquidity.
• Changes in director appointments or indications of restructuring.
• Business performance indicators such as revenue growth, profitability, and cash collections if available.