SPECTREROSES LIMITED

Executive Summary

SPECTREROSES LIMITED is an early-stage micro company with a severely negative net asset position and minimal current assets, indicating poor financial strength and no liquidity buffer. The lack of trading history, employees, and cash flow data prevent a positive credit assessment. Credit facilities are not recommended until the company demonstrates improved financial health and operational viability.

SPECTREROSES LIMITED - Analysis Report

Company Number: 14495413

Analysis Date: 2025-07-29 20:52 UTC

1. Credit Opinion: DECLINE. SPECTREROSES LIMITED is a very recently incorporated micro-entity with minimal financial activity and severely negative net asset position. The company’s balance sheet shows total net liabilities of £1,352 as of 2024, indicating it is technically insolvent on a net asset basis. There are no employees, no significant current assets, and current liabilities exceed current assets, which raises serious concerns about its ability to service debt or meet short-term obligations. The company’s trading track record is too limited (less than 2 years) to assess operational viability or repayment capacity. No audit or detailed financial disclosures are available to provide comfort on management quality or business prospects. Therefore, it is not creditworthy for lending or commercial credit at this stage.

2. Financial Strength: The balance sheet is extremely weak. Current assets stand at only £1, while current liabilities are £1,353, resulting in negative working capital and a net current liability position. Total net assets (shareholders funds) are negative at £1,352, reflecting accumulated losses or liabilities exceeding assets. The company’s capital structure is minimal and lacks financial resilience. Absence of fixed assets or any material tangible or intangible assets further weakens financial strength. The micro-entity classification and no employee base suggest a start-up or dormant trading status with limited operational scale.

3. Cash Flow Assessment: There is no evidence of cash or liquid resources beyond a nominal £1 current asset. The significant current liabilities imply an immediate liquidity risk. No reported cash flow statements or profit and loss information are available, but the balance sheet indicates ongoing negative cash flow or inability to cover short-term payables. The company’s working capital position is negative and insufficient to support day-to-day operations or debt servicing requirements. The absence of employees and minimal assets suggest no operating cash inflows at present.

4. Monitoring Points:

• Monitor subsequent filings for improvements in net assets and working capital.
• Watch for any changes in director or ownership that might indicate restructuring.
• Assess future accounts for revenue generation and profit margins.
• Track any reduction in current liabilities or injection of equity capital.
• Confirm timely filing of accounts and confirmation statements to avoid compliance issues.
• Monitor market and trading developments in the retail jewellery sector that could impact business prospects.