Company Number: 13556899

Analysis Date: 2025-07-19 12:57 UTC

1. Credit Opinion: DECLINE. The company’s financials show significant net current liabilities and negative net assets for the latest financial year ending August 2024, indicating a weak balance sheet and poor short-term liquidity. The net current liabilities of £19,446 and net assets of -£19,446 reflect a deteriorating financial position compared to previous years. This raises concerns about the company’s ability to meet its debt obligations or sustain operations without external support.

2. Financial Strength: The balance sheet reveals a micro-entity with very limited asset base and increasing liabilities. Current liabilities have grown sharply from £5,449 in 2023 to £35,491 in 2024, while current assets increased only modestly from £6 to £16,045. The company moved from positive net current assets and net assets in prior years to substantial net current liabilities and negative equity in 2024. This suggests either increased borrowing or unpaid creditors and an erosion of shareholder funds. The company’s financial trajectory is negative, with worsening solvency indicators.

3. Cash Flow Assessment: The working capital position is in deficit by £19,446, indicating that short-term obligations exceed readily available current assets. The micro-entity’s operating capacity appears constrained, with only one employee and minimal reported assets. Such a liquidity shortfall typically signals cash flow difficulties, which may impede timely payment to suppliers or creditors and reduce the ability to service any new credit facilities.

4. Monitoring Points:

• Track current liability levels and debt repayment patterns in future filings.
• Monitor any related party transactions or capital injections by the controlling director.
• Review operating cash flow and turnover figures (if disclosed) to assess revenue generation.
• Watch for any late filing or further deterioration in net assets.
• Assess director’s plans for financial restructuring or injection of additional funds.