Company Number: 13102083

Analysis Date: 2025-07-20 13:59 UTC

1. Credit Opinion: DECLINE
   ZIKLOY I&P LTD presents a weak credit profile. The company shows consistent negative net current assets of £(594) as of the latest 2024 accounts with zero current assets and increasing current liabilities, indicating poor liquidity and an inability to meet short-term obligations. The company has no employees and minimal tangible equity (£594 reported as shareholders' funds but negative net assets suggest reporting inconsistencies or liabilities exceeding assets). The absence of cash or debtors raises serious concerns about its ability to service any debt or credit facility. Given the financial data and micro-entity status, this company lacks financial strength and resilience for credit extension.

2. Financial Strength:
   The balance sheet reveals net current liabilities that have deteriorated slightly from (544) in 2023 to (594) in 2024. Total net assets are negative, implying that liabilities exceed assets and the company is essentially insolvent on a going-concern basis. Share capital is minimal (£100), and the shareholder funds reported (£594) do not reconcile with the negative net assets, suggesting either accounting presentation issues or small retained losses. The company holds no fixed or current assets, reflecting no operational substance or investment. This fragile balance sheet indicates very limited financial strength.

3. Cash Flow Assessment:
   No current assets mean no cash, receivables, or inventory that can be readily converted to cash. Current liabilities are increasing, and with no reported employees or operational assets, the company likely has no meaningful cash flow from operations. There is no evidence of positive working capital or liquidity cushions. This raises a high risk of default in meeting creditors or loan repayments.

4. Monitoring Points:

• Liquidity position and changes in current assets and liabilities each filing cycle.
• Any material changes in business operations or asset base that could improve cash flow.
• Director’s actions or additional capital injections to strengthen the balance sheet.
• Potential related party transactions or guarantees given by the sole director/owner.
• Any overdue filings or signs of financial distress such as late payments or creditor actions.