VUECARE LIMITED

Executive Summary

Vuecare Limited exhibits a weakening financial position with increasing net liabilities and poor liquidity, undermining its capacity to meet debt obligations. Given the absence of employees and minimal assets, the company currently lacks the financial strength and cash flow stability required to support additional credit. Credit facilities are therefore not recommended at this stage without significant improvement and assurance of cash flow generation.

VUECARE LIMITED - Analysis Report

Company Number: 13243116

Analysis Date: 2025-07-20 18:05 UTC

1. Credit Opinion: DECLINE
   Vuecare Limited shows persistent negative net current assets and total net liabilities increasing from £460 in 2023 to £762 in 2024, indicating worsening liquidity and solvency positions. The company has no employees and minimal current assets (£249) against current liabilities of £1,011 as of the latest accounts. This weak financial profile suggests an inability to comfortably meet short-term obligations or service debt. Without evidence of significant incoming cash flows or asset backing, granting credit facilities would carry elevated risk.

2. Financial Strength:
   The balance sheet reveals a micro-entity with very limited capital structure (share capital £1) and increasing net liabilities year-on-year. Net assets have deteriorated from £338 in 2021 to a negative £762 in 2024, reflecting accumulated losses or unpaid liabilities. The company’s financial trajectory is negative, with no fixed assets reported and minimal working capital. This signals fragile financial health and weak resilience to adverse economic conditions.

3. Cash Flow Assessment:
   Current assets are minimal and primarily cash or equivalents, whereas current liabilities nearly quadruple current assets in 2024. Negative net current assets of £762 imply the company is unable to cover short-term debts with liquid resources. Absence of employees and limited operational scale raise concerns about generating sufficient operating cash flow to support debt repayment or credit terms.

4. Monitoring Points:

• Monitor improvements in liquidity ratios and net current assets through future filings.
• Watch for any significant changes in working capital management or capital injections.
• Review director’s narrative or subsequent filings for evidence of business plan or revenue growth initiatives.
• Track payment history if credit facilities are granted on a conditional basis.