Company Number: 14858265

Analysis Date: 2025-07-29 19:54 UTC

1. Credit Opinion: DECLINE
   Spotless Window Cleaning Yorkshire Limited is a very newly incorporated micro-entity (less than 1.5 years old) with limited financial history. The latest accounts indicate a negative net current asset position of £-4,276, reflecting current liabilities exceeding current assets. This weak liquidity position raises concerns over the company’s ability to meet short-term obligations and service any debt. The absence of trading profit or cash flow data and the very small scale (single employee) further increases risk. Given these factors and lack of operating track record, the company does not currently demonstrate sufficient financial strength or resilience to support new credit facilities.

2. Financial Strength:
   The balance sheet shows fixed assets of £8,595 and current assets of £4,458 against current liabilities of £8,734, resulting in net current liabilities of £4,276. Total net assets/shareholders funds stand at £4,319. The company’s capital structure is modest and entirely equity-financed at this stage. However, the negative working capital position suggests tight liquidity and potential cash flow stress. The micro-entity status and limited operating history mean there is little historical financial data to assess trends or profitability.

3. Cash Flow Assessment:
   Current assets primarily include cash and receivables but are insufficient to cover short-term liabilities. Negative net current assets imply the company may struggle to meet immediate payables without additional capital injection or financing. The accounts do not disclose cash flow from operations, but the negative working capital and single employee operation suggest limited internal cash generation. Without evidence of robust cash flow or external funding, liquidity risk is elevated.

4. Monitoring Points:

• Quarterly review of updated management accounts to monitor cash flow and working capital trends.
• Confirmation of any external funding sources or shareholder loans supporting liquidity.
• Monitor director’s financial support or capital injections if required.
• Watch for improvements in net current assets and profitability in future filings.
• Evaluate customer concentration and contract stability in this service sector for revenue sustainability.