PREMODEM GLOBAL MANAGEMENT LTD

Executive Summary

Premodem Global Management Ltd is currently undercapitalized with negative net assets and a working capital deficit primarily funded by director loans. The company’s liquidity position has deteriorated significantly over the last year, raising concerns about its ability to meet short-term obligations without further financial support. Due to these financial weaknesses and lack of operational cash flow, the credit risk is high and credit facilities should be declined at this stage.