SS BUSINESS SUPPORT LTD

Executive Summary

SS BUSINESS SUPPORT LTD shows negative net current assets and shareholders’ funds, with limited operational activity and no employees. The company’s financial position is weak, reliant on cash rather than trade receivables, and incurs ongoing losses, indicating inability to service debt sustainably. Credit facilities are not recommended without significant improvement in trading performance and financial stability.

SS BUSINESS SUPPORT LTD - Analysis Report

Company Number: 14355695

Analysis Date: 2025-07-29 17:15 UTC

1. Credit Opinion: DECLINE
   SS BUSINESS SUPPORT LTD demonstrates weak financial health and limited operational activity. The company’s net current assets and shareholders’ funds are negative and deteriorated further in the latest year (-£862 from -£621), indicating an inability to cover short-term liabilities with current assets. The absence of employees and zero debtors in the latest period suggest minimal trading activity or revenue generation, raising serious concerns about the company’s capacity to meet ongoing debt obligations. Without evidence of sufficient cash inflows or profitability, granting credit would carry significant risk.

2. Financial Strength:
   The company’s balance sheet is fragile. Current liabilities (£15,761) exceed current assets (£14,899), resulting in a negative working capital position (-£862). Although cash balances increased from £4,194 to £14,899, this is not supported by receivables or other current assets, indicating possible reliance on capital injections or non-operating cash sources rather than trade-generated liquidity. Shareholders’ funds remain negative due to accumulated losses (£962 deficit), reflecting ongoing erosion of equity and absence of retained earnings. The company is classified as a micro-entity with no fixed assets or tangible resources reported. Overall, financial strength is poor with limited buffer against adverse events.

3. Cash Flow Assessment:
   Cash at bank improved in the latest year, which is a positive sign, but the lack of debtors and employees suggests that cash inflows may not be sustainable. Negative net current assets mean the company relies on cash or external funding to meet liabilities as they fall due. The absence of detailed profit and loss information prevents a full cash flow analysis; however, persistent losses and negative equity imply recurring cash consumption. There is no indication of operational cash generation or working capital management to improve liquidity. This weak cash position undermines the company’s ability to service debt or withstand financial stress.

4. Monitoring Points:

• Track changes in net current assets and shareholders’ funds to detect any further deterioration or improvement.
• Monitor cash balances and sources of cash inflows to verify sustainability beyond equity injections.
• Watch for turnover or debtor movements signaling operational activity and revenue generation.
• Review director filings and any changes in control or company strategy that might impact financial health.
• Confirm timely filing of accounts and confirmation statements to avoid compliance risks.