Company Number: 14156147

Analysis Date: 2025-07-29 19:51 UTC

1. Credit Opinion: DECLINE
   TANDAN PROPERTY LIMITED currently demonstrates significant financial distress, as evidenced by negative net assets and increasing current liabilities exceeding current assets by a substantial margin. The company’s inability to maintain positive working capital and the deterioration in its financial position from the prior year suggest an elevated risk of default on debt obligations. With no employees and minimal current assets, the company lacks operational scale and financial resilience, making it unsuitable for new credit facilities without substantial improvement or additional security.

2. Financial Strength:
   The balance sheet shows fixed assets of £590,200, which remain stable, but these are overshadowed by current liabilities rising to £708,643 in 2024 from £247,315 in 2023. The net current liabilities have ballooned from £211,091 negative in 2023 to £672,869 negative in 2024, indicating severe liquidity stress. The company’s total net liabilities have worsened from £51,366 to £83,244, showing accumulated losses eroding shareholder funds. There is no long-term debt reported in 2024, but this seems to reflect reclassification or repayment rather than an improved position.

3. Cash Flow Assessment:
   Current assets are minimal (£35,774) compared to current liabilities, resulting in a critical working capital gap that suggests the company may struggle to meet short-term obligations as they fall due. The absence of employees implies limited operational activity generating cash inflows. Without sufficient liquid assets or profitability indicated in the accounts, cash flow appears inadequate to support ongoing operations or service debt.

4. Monitoring Points:

• Track quarterly updates on current liabilities and current assets to monitor liquidity trends.
• Watch for improvements in net current assets and net liabilities to assess financial recovery.
• Review operational activity and revenue generation to gauge cash flow improvements.
• Monitor director actions and any restructuring plans to improve solvency.
• Confirm timely filing of accounts and returns to avoid regulatory penalties and maintain transparency.