Company Number: 14175093

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

1. Credit Opinion: DECLINE
   T J Maintenance Ltd is a micro-entity in the mixed farming sector with very limited financial activity and no employees. The latest accounts show persistent negative net assets (-£687) over the past three years, indicating the company is technically insolvent. The balance sheet reveals current liabilities exceeding fixed assets and negative net current assets, reflecting a weak financial position and limited ability to service debt. Lack of turnover, operating cash flow data, or evidence of profit generation further undermines confidence in repayment capability. Given these factors, the company poses a high credit risk and approval for new credit facilities is not recommended.

2. Financial Strength:
   The company’s balance sheet as at 30 June 2024 shows fixed assets of £2,806 and current liabilities of £3,493, resulting in negative net current assets of £687. This negative net asset position is consistent across the last three years with no improvement, signaling ongoing capital deficiency. The absence of retained earnings or reserves and zero employees suggest minimal operational scale and limited financial resilience. The overall financial structure is weak and vulnerable to any adverse economic conditions.

3. Cash Flow Assessment:
   There is no reported turnover or cash flow data, and the company employs no staff, indicating very low business activity. Negative net current assets imply potential liquidity constraints and difficulties meeting short-term obligations. Without positive working capital or cash generation, the company’s capacity to cover liabilities or any new credit obligations is doubtful.

4. Monitoring Points:

• Monitor for any improvement in net assets or working capital position in future filings.
• Watch for turnover generation or operational scale increase, as current activity is negligible.
• Review director reports or strategic updates for plans to address financial deficits.
• Check for any changes in company status or increased liabilities that could worsen credit risk.