Company Number: 14718527

Analysis Date: 2025-07-29 18:01 UTC

1. Credit Opinion: DECLINE
   S Blake Aviation Ltd demonstrates significant and persistent net liabilities with no indication of profitability or asset growth. The company’s negative net current assets and shareholders’ funds reflect an inability to cover short-term liabilities, raising serious concerns about its capacity to meet debt obligations. The micro-entity status and minimal financial disclosures limit insight, but available data signals weak financial health and elevated credit risk. Without substantial improvement in liquidity or capitalization, extending credit is not advisable.

2. Financial Strength:
   The company’s balance sheet shows net liabilities of £2,608 as of 31 March 2025, improving slightly from £7,586 deficits in prior years but still negative. Current liabilities exceed current assets by £2,608, indicating working capital deficits and potential liquidity constraints. No fixed assets are reported, and shareholders’ funds remain negative, evidencing erosion of equity and reliance on external funding or director support.

3. Cash Flow Assessment:
   Current assets are minimal (£152), mostly likely cash or receivables, insufficient to cover short-term debts of £2,760. Negative net current assets imply ongoing cash flow challenges and potential difficulty in meeting immediate obligations. The reduction of liabilities from previous years is positive but still leaves the company in a vulnerable liquidity position, with no clear evidence of operational cash inflows improving this status.

4. Monitoring Points:

• Improvement in net current assets and overall liquidity position
• Profitability trends and ability to generate positive cash flows from operations
• Changes in capital structure or additional equity injections by the director/owner
• Timely filing and transparency of financial reports, including future profit and loss disclosures
• Any changes in the director or significant control that may impact governance or financial management