Company Number: 15239126

Analysis Date: 2025-07-20 16:59 UTC

1. Credit Opinion: DECLINE
   Wickenden Analytics Ltd is a very recently incorporated micro-entity (established in late 2023) with minimal financial history. The company shows negative net assets (£-35) and net liabilities despite having nominal current assets (£4,965) and current liabilities (£4,900). Moreover, it carries long-term creditors of £4,900 and accruals, putting it in a technically insolvent position. Given the lack of operating history, negative equity, and very limited financial data, the company currently presents a high credit risk with no evidence of stable cash flows or profitability. Approval for credit facilities would be premature without significant additional security or guarantees.

2. Financial Strength:
   The balance sheet reveals a fragile financial position. The company’s net current assets are positive but minimal (£65), which does not provide a meaningful liquidity buffer. The long-term creditor balance (£4,900) exceeds net current assets, resulting in net liabilities and negative shareholders’ funds. The absence of fixed assets and accumulated reserves indicates no retained profitability or capital base. The micro-entity status and single director structure further limit financial and managerial depth.

3. Cash Flow Assessment:
   Current assets are primarily £4,965 (likely cash or receivables), just enough to cover current liabilities of £4,900, indicating very tight working capital. The company’s ability to generate positive operating cash flow is unproven, and reliance on related-party or director funding is probable. The negative equity suggests potential cash flow strain in meeting creditor demands or financing business growth. No audit or detailed cash flow statement is available to provide assurance on liquidity sustainability.

4. Monitoring Points:

• Monitor future filings for evidence of improved profitability and positive net assets.
• Watch for changes in creditor balances, especially any increases in long-term debt or overdue payables.
• Track cash flow statements once available to assess operating cash generation versus financing needs.
• Observe director and shareholder funding contributions as indicators of continued support.
• Review any material changes in business activity or industry conditions impacting financial performance.