ZETTAFLEET LTD

Executive Summary

ZETTAFLEET LTD is an early-stage micro-entity with a weak balance sheet and negative working capital, reflecting start-up financial characteristics and high credit risk. The company lacks trading history and cash flow, making it unable to support debt obligations at this time. Approval of credit facilities is not recommended until the company demonstrates operational progress and improved financial metrics.

ZETTAFLEET LTD - Analysis Report

Company Number: 15636711

Analysis Date: 2025-07-20 16:28 UTC

1. Credit Opinion: DECLINE
   ZETTAFLEET LTD is a recently incorporated micro-entity with minimal operating history and very limited financial data. The company shows a negative shareholders’ funds position (£-1,167) and current liabilities (£1,229) far exceeding current assets (£62), resulting in a working capital deficit. This indicates the company is not currently able to meet short-term obligations from available liquid resources. Given the lack of trading history, absence of revenue or profit data, and negative net asset position so soon after incorporation, the credit risk is high. There is insufficient evidence of financial strength or cash flow generation to support loan repayment capability at this stage.

2. Financial Strength:
   The balance sheet is extremely weak. The company’s net current assets are negative (£-1,167), and shareholders’ funds are also negative, indicating liabilities exceed assets. With only £62 in current assets and £1,229 in current liabilities, liquidity is inadequate. The minimal share capital (£167.19) and zero employees reflect a start-up phase with no operating scale. There are no fixed assets or retained earnings. Overall, the financial foundation is fragile, typical for a pre-revenue start-up.

3. Cash Flow Assessment:
   Cash flow appears critically constrained. The limited current assets (likely cash or equivalents) are insufficient to cover short-term liabilities, signaling a working capital shortfall. No information on revenue, receivables, or payables turnover is available. The company likely depends on external funding (equity or shareholder loans) to finance operations. Without demonstrable cash inflows or positive operating cash flow, liquidity risk is elevated.

4. Monitoring Points:

• Subsequent filings to confirm improvement in working capital and net asset position.
• Evidence of revenue generation and positive operating cash flow in future periods.
• Management’s ability to secure additional funding or investment to support liquidity.
• Changes in current liabilities structure and timing of creditor payments.
• Any director or shareholder loans disclosed that affect liquidity and solvency.