SOAPERY FIELDS LTD

Executive Summary

Soapery Fields Ltd currently demonstrates a fragile financial position characterized by negative net assets and insufficient liquidity. The company depends heavily on the director's financial support to continue operations, with limited evidence of self-sustaining cash flows or profitability. Given the elevated credit risk, it is not advisable to extend credit without substantial mitigating factors or guarantees.

SOAPERY FIELDS LTD - Analysis Report

Company Number: 13910977

Analysis Date: 2025-07-20 13:41 UTC

1. Credit Opinion:
   DECLINE. Soapery Fields Ltd exhibits a weak financial position with significant current liabilities exceeding current assets by a wide margin, resulting in negative net current assets and net liabilities. The company's financial statements indicate ongoing losses and reliance on director support for going concern, which represents a high credit risk with limited capacity to service debt or meet commercial obligations independently.

2. Financial Strength:
   The company is classified as a micro-entity with minimal asset base and a net liabilities position of £2,751 as of 29 February 2024, deteriorating from a net asset position of £259 the previous year. Current liabilities (£2,492) substantially exceed current assets (£220), resulting in negative working capital of £2,272. There are no fixed assets reported, and accrued liabilities of £479 further burden the balance sheet. This weak equity base and negative net assets indicate poor financial strength and limited buffer against financial stress.

3. Cash Flow Assessment:
   Cash and equivalents are minimal (£220), and the company has no recorded employees, suggesting limited operational scale. The negative working capital and high short-term liabilities raise concerns about liquidity and the company’s ability to meet short-term obligations without external support. The director has explicitly undertaken to provide ongoing financial support, which is critical to the company's survival, indicating that internal cash generation is insufficient at present.

4. Monitoring Points:

• Monitor future filings for improvement in net assets and working capital position.
• Watch for any changes in director support commitments or capital injections.
• Track turnover and profitability trends as they become available to assess operational viability.
• Review payment behavior and any overdue liabilities that may signal worsening liquidity.
• Monitor any changes in ownership or control that could affect financial backing.