Company Number: 13167957

Analysis Date: 2025-07-20 11:52 UTC

1. Credit Opinion: DECLINE
   Ultra Vision Glazing Limited shows a weak financial position with worsening net current liabilities and negative shareholders' funds over the last three years. The company’s liabilities significantly exceed its assets, indicating poor capitalisation and high risk of insolvency. Lack of profitability data and negative net assets suggest limited ability to service debt or sustain credit facilities. Given these factors, extending credit would be speculative without substantial improvement or external guarantees.

2. Financial Strength:
   The balance sheet reveals a micro-entity with minimal fixed assets (£5,000) and current assets (£14,057) as of January 2024, but current liabilities stand at £39,217, resulting in net current liabilities of £-25,160. The shareholders’ deficit has widened from £-1,705 in 2023 to £-20,160 in 2024, reflecting accumulated losses or capital erosion. This negative equity position undermines financial stability and creditor confidence.

3. Cash Flow Assessment:
   Current assets consist primarily of cash and debtors but are insufficient to cover short-term liabilities, indicating working capital deficiency. The company’s liquidity is strained, with a current ratio well below 1 and negative net working capital. The historical trend from prior years shows increasing short-term obligations without corresponding asset growth, raising concerns about the company’s ability to meet immediate financial obligations without external support.

4. Monitoring Points:

• Improvement in net current assets and reduction of current liabilities.
• Profitability trends or cash flow generation to rebuild equity.
• Any capital injections or shareholder loans that might strengthen the balance sheet.
• Changes in management strategy or operational efficiencies to reverse losses.
• Timely filing of accounts and confirmation statements to maintain regulatory compliance.