UNITED PREMIER TRADING LIMITED

Executive Summary

United Premier Trading Limited shows signs of financial strain with a negative net asset position emerging in its third year and increased creditor obligations. While it remains a very small operation with minimal assets, the controlling shareholder structure and compliance with filing deadlines provide some reassurance. Credit approval is recommended only with conditions requiring closer scrutiny of cash flow and liabilities management going forward.

UNITED PREMIER TRADING LIMITED - Analysis Report

Company Number: 13916945

Analysis Date: 2025-07-29 20:49 UTC

1. Credit Opinion: CONDITIONAL APPROVAL
   United Premier Trading Limited is a micro-entity with a short trading history since incorporation in 2022. The latest accounts show a small net liability position (£75 deficit) emerging in 2025 compared to positive net assets previously. This is primarily due to an increase in longer-term creditors (£375 vs. £158 prior year). While the company operates with minimal current asset buffers (£300) and current liabilities slightly exceeding current assets in 2025 (current liabilities not explicitly stated but implied by net assets and creditors), it has maintained consistent employee numbers and no overdue filings. The presence of a controlling shareholder with full ownership and director control supports governance stability. However, the negative net asset position and reliance on external creditors require caution. Credit approval may be granted subject to confirmation of cash flow forecasts, repayment plans for liabilities, and ongoing monitoring of creditor terms.

2. Financial Strength:
   The balance sheet shows static current assets of £300 over the last three years but a significant increase in creditors due after more than one year from £158 to £375, pushing net assets from +£142 in 2024 to -£75 in 2025. Shareholders’ funds mirror this decline, indicating erosion of equity capital. The company has no fixed assets disclosed and operates with a very lean asset base consistent with its micro-entity status. Overall, the financial strength is weak due to negative net assets and increased leverage but not critical given the small scale of operations.

3. Cash Flow Assessment:
   Current asset levels remain minimal and flat at £300, and there is no indication of cash or equivalent breakdown. Current liabilities are relatively low but have increased, straining working capital. Net current assets are reported as £300, which appears inconsistent with the presence of creditors after one year at £375, suggesting potential classification nuances or minor data issues. Liquidity appears tight but manageable at present. The company’s ability to meet short-term obligations depends on timely collection of receivables or cash inflows and creditor flexibility.

4. Monitoring Points:

• Track net asset position to see if equity deficit is reversed or worsened.
• Review creditor aging and repayment schedules to assess refinancing or restructuring needs.
• Monitor cash flow statements and bank balances for liquidity stress signals.
• Assess any material changes in shareholder funding or director loans.
• Watch for changes in revenue trends and profitability once available, as current data lacks P&L details.