Company Number: 14762662

Analysis Date: 2025-07-19 12:14 UTC

1. Credit Opinion: DECLINE
   Tenmos Limited is a newly incorporated private limited company (March 2023) with very minimal financial activity and resources as of the latest accounts (March 2024). The company shows a net asset value and shareholders funds of only £1, with current assets of £500 and current liabilities nearly equal at £499, resulting in negligible working capital. This indicates extremely limited financial capacity to service any meaningful debt or credit facilities. There is no trading history or profit and loss data available, and no employees reported, suggesting the company may not yet be operational or generating revenue. Given the lack of financial substance, credit extension would present a high risk of non-repayment.

2. Financial Strength:
   The balance sheet reflects a very fragile financial position: total assets less current liabilities stand at £1, essentially the nominal share capital. The company holds only cash (£500) with no fixed or other current assets, and current liabilities almost fully consume that cash. No retained earnings or reserves are present. This lack of financial buffer means the company cannot absorb losses or short-term financial shocks. The absence of employees and lack of trading history further underscore the undeveloped state of the business.

3. Cash Flow Assessment:
   The reported cash balance is minimal (£500), matching current assets, and current liabilities are almost equal (£499), so net current assets are effectively zero. This points to extremely limited liquidity and working capital. Without operating cash flows or external funding, the company is unlikely to meet ongoing expenses or debt obligations. No historical cash flow data is provided, but the balance sheet snapshot suggests cash flow generation is currently negligible or non-existent.

4. Monitoring Points:

• Company’s revenue generation and profit/loss trends in subsequent accounts filings
• Changes in cash position and working capital, especially increases in current assets or reductions in liabilities
• Introduction of fixed assets or operational staff indicating business commencement
• Director’s strategy for funding and business development
• Timely filing of accounts and confirmation statements to assess compliance and ongoing viability