Company Number: 15100979

Analysis Date: 2025-07-20 13:31 UTC

1. Credit Opinion:
   DECLINE. Trimurtii Ltd is a newly incorporated company (since August 2023) with a very limited trading history. The latest financials show net current liabilities of £658 and net negative shareholders’ funds of £657, indicating an undercapitalized position. The company’s working capital is negative, and it relies on a director loan (£2,181) to finance operations. There is no evidence of profitability or positive cash flow generation, and the company operates in a competitive retail sector (mobile phones and general retail). Given the very early stage, negative net assets, and limited financial track record, the risk of default is high.

2. Financial Strength:
   The balance sheet is weak. Current assets consist solely of £1,523 cash with no other assets reported. Current liabilities are £2,181, entirely due to loans from directors, representing short-term borrowings from insiders rather than external creditors. Shareholders’ funds are negative (£-658), reflecting accumulated losses or initial undercapitalization. No fixed assets or inventory are reported, which limits asset backing. Overall, the company’s financial position lacks strength and resilience.

3. Cash Flow Assessment:
   Cash at hand is minimal at £1,523, insufficient to cover current liabilities of £2,181. Negative net current assets (-£658) indicate tight liquidity and an inability to meet short-term obligations without additional funding. The company has one employee on average, implying low operating expenses, but no profits or cash inflows have been disclosed. The reliance on director loans for working capital highlights cash flow vulnerability.

4. Monitoring Points:

• Future profitability and cash flow generation from trading activities.
• Changes in working capital, especially whether current liabilities reduce or increase.
• Additional capital injections or loan funding from directors or third parties.
• Timely filing of accounts and confirmation statements to ensure compliance.
• Any material changes in business model or credit terms with suppliers.
• Stability and involvement of the new director (appointed Jan 2025), and any impact on financial controls.