Company Number: 14470078

Analysis Date: 2025-07-20 13:11 UTC

1. Credit Opinion: DECLINE
   ThreeC9Connect Ltd displays a weak financial position with persistent negative net assets and net current liabilities over the last two years. Although the company is active and has no overdue filings, the balance sheet shows an ongoing capital deficiency (shareholders' funds at -£2,100 in 2024) and insufficient liquidity to cover short-term obligations. With a micro-entity profile and losses that have significantly eroded equity, the company currently lacks the financial robustness to service additional credit facilities without imposing substantial risk to the lending institution.

2. Financial Strength:
   The company’s total assets are minimal, primarily comprising fixed assets of £3,508 and current assets of £11,018 against current liabilities of £16,986 as of 30 November 2024. The negative net current assets (£-5,608) and negative shareholders’ funds reflect a balance sheet under pressure. Although there has been some improvement compared to the prior year (net current liabilities reduced from £14,053), the overall position remains weak with no retained earnings reported. The company’s micro classification indicates limited scale and resources to absorb financial shocks.

3. Cash Flow Assessment:
   Current assets mainly include cash and short-term receivables, yet these are insufficient to cover current liabilities. The working capital deficit indicates potential liquidity issues and challenges in meeting short-term debts or operational expenses without external support. There is no indication of positive cash flow from operations or reserves to buffer against cash shortfalls. The average employee count of 3 suggests a small operational footprint, which may limit cash generation capacity.

4. Monitoring Points:

• Improvement or deterioration in net current assets and shareholders’ funds in future accounts.
• Timely filing of accounts and confirmation statements to monitor compliance and operational continuity.
• Any capital injections or restructuring plans that could strengthen the balance sheet.
• Changes in director composition or PSC ownership which may indicate corporate governance shifts.
• Cash flow statements (if available) or additional financial disclosures to assess operational cash generation.