TAYLOR-MADE WEDDINGS LTD.

Executive Summary

Taylor-Made Weddings Ltd. exhibits weak financial health characterized by minimal liquidity, negative working capital, and declining net assets, raising significant concerns about its ability to meet short-term obligations. The firm’s financial trajectory shows no improvement, and current cash levels are insufficient to cover liabilities, leading to a recommendation to decline credit unless substantial financial restructuring occurs. Continuous monitoring of liquidity and director support is advised if any credit engagement proceeds.

TAYLOR-MADE WEDDINGS LTD. - Analysis Report

Company Number: 13107382

Analysis Date: 2025-07-19 12:46 UTC

1. Credit Opinion: DECLINE
   Taylor-Made Weddings Ltd. demonstrates weak financial health with persistent net current liabilities and minimal net assets. The company’s cash reserves have dwindled to £49 as of the latest year-end, severely limiting liquidity to meet short-term obligations. Despite being active and filing on time, the business has not generated positive working capital or shareholder funds growth, indicating operational struggles and limited capacity to service debt or absorb financial shocks. The absence of employees suggests a very small scale or possibly owner-operated business, which may further constrain operational resilience. Given these factors, extending credit poses a high risk without significant mitigation.

2. Financial Strength:
   The balance sheet shows a declining trend in net assets from £2,290 in 2020 to just £1 in 2023. Fixed assets are modest (£1,768), with depreciation reducing their book value year on year. Net current assets remain negative, worsening from -£1,246 in 2020 to -£1,767 in 2023, reflecting ongoing liquidity pressure. Shareholders’ funds have collapsed from £2,290 to £1, which questions the company’s capital adequacy and ability to withstand adverse trading conditions.

3. Cash Flow Assessment:
   Cash holdings have fallen dramatically from £4,447 in 2020 to a mere £49 in 2023, indicating severely constrained liquidity. The company’s current liabilities (~£1,816) exceed cash and current assets, leading to a working capital deficit. This situation suggests difficulty in meeting short-term liabilities when due. The presence of loans from directors (£204) partly offsets creditors but is insufficient to improve liquidity materially. The lack of employees may reduce cash outflows but also implies limited operational capacity to generate cash internally.

4. Monitoring Points:

• Net current assets and liquidity position: Watch for improvements or further deterioration.
• Cash flow trends: Monitor for any significant cash injections or operational cash generation.
• Director loans and related party transactions: Assess for sustainability and potential impact on credit exposure.
• Profit & Loss reporting: The company has not provided full profit and loss accounts; these are needed to evaluate profitability trends.
• Business scale and operational activity: Confirm ongoing trading status and revenue generation capability.