Company Number: 14358702

Analysis Date: 2025-07-29 20:18 UTC

1. Credit Opinion: DECLINE
   Solvers Cleaning Services Limited shows a significant deterioration in financial position over the latest year. The net current assets have moved from a positive £798 in 2023 to a negative £8,399 in 2024, indicating liquidity stress and potential inability to meet short-term liabilities. The company is very young (incorporated 2022) with minimal operating history, and current liabilities exceed current assets by a wide margin. This raises concerns about the company’s capability to service debt or new credit facilities without additional capital injection or improvement in working capital management.

2. Financial Strength:
   The balance sheet indicates a micro-entity with total net liabilities of £8,399 in 2024, reversed from a small positive net asset position the previous year. The absence of fixed assets suggests reliance on short-term assets and cash flows to operate. The shareholders’ funds are negative, implying accumulated losses or draws that have eroded equity. The company’s small scale and negative net assets highlight weak financial health and limited buffer against economic shocks.

3. Cash Flow Assessment:
   Current liabilities of £12,263 exceeding current assets of £3,864 imply negative working capital and potential cash flow constraints. Average employee count remains stable at 2, indicating a small operational scale but not enough to offset the liquidity shortfall. Without evidence of strong cash inflows or external funding, the firm’s ability to meet immediate obligations is questionable, further weakening creditworthiness.

4. Monitoring Points:

• Track subsequent filings and any capital injections or debt restructuring efforts.
• Monitor cash flow statements for evidence of operational cash generation or reliance on owner funds.
• Review any changes in director appointments or control that might affect governance and financial strategy.
• Watch for improvements in net current assets and reduction of creditors falling due within one year.