TYG SERVICES LTD

Executive Summary

TYG SERVICES LTD exhibits deteriorating financial health with negative net assets and no current assets to cover liabilities, signaling liquidity risks and poor ability to service debt. The company’s micro-entity status and zero employee base further indicate limited operational scale and resilience. Credit approval is not recommended without significant improvement in financial and cash flow metrics.

TYG SERVICES LTD - Analysis Report

Company Number: 12891285

Analysis Date: 2025-07-20 17:56 UTC

1. Credit Opinion: DECLINE
   TYG SERVICES LTD shows a concerning financial position with negative net current assets (liabilities) reported at £13,548 for the latest year ending September 2024, worsening from £6,390 in 2023. The absence of current assets and increasing current liabilities indicate liquidity issues that undermine the company's ability to meet short-term obligations. Given these factors and no evidence of operational growth or cash inflows, the company does not demonstrate sufficient financial strength to support new credit facilities.

2. Financial Strength:
   The company is classified as a micro-entity with no fixed assets and zero current assets reported in the last three years. Current liabilities have doubled from £6,390 in 2023 to £13,548 in 2024, resulting in a negative working capital position. Net assets have declined from £6,390 in 2023 to a negative £13,548 in 2024, indicating eroded shareholder equity and a balance sheet under stress. The financial trajectory shows deterioration rather than improvement.

3. Cash Flow Assessment:
   The lack of reported current assets such as cash or receivables and growing current liabilities suggest poor liquidity and potential cash flow constraints. The company appears unable to generate or retain sufficient cash to cover debts due within one year. No employees are recorded, indicating minimal or no ongoing operational activity, which further raises concerns about sustainable cash flow.

4. Monitoring Points:

• Track changes in current assets and liabilities to assess liquidity improvements.
• Monitor any increase in cash reserves or receivables to support short-term obligations.
• Watch for any operational activity or employee hires indicating business growth.
• Review director and management actions addressing the negative net asset position or restructuring plans.