PESTMAX UK LIMITED
Company number 13377680 · Monitor this company
This analysis was written by an AI from the company's public filings. It may contain errors or omissions and is not financial or professional advice.
Credit Analysis: PESTMAX UK LIMITED (13377680)
1. Credit Opinion: DECLINE
This facility application should be declined. The company is not a going concern, has ceased trading with no intention to recommence, and is subject to a proposal to strike off the Companies House register. There is no viable trading entity to support any credit facility, and the balance sheet demonstrates insolvency with insufficient resources to settle existing liabilities, let alone service new debt obligations.
2. Financial Strength: Critically Weak
The balance sheet is severely distressed and deteriorating:
| Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Net Assets | (£11,736) | (£5,144) | (£1,036) | (£651) |
| Shareholders' Deficit | (£11,736) | (£5,144) | (£1,036) | (£651) |
| Total Liabilities | £11,736 | £10,998 | £6,241 | £6,572 |
Key observations:
- Deepening insolvency: The shareholders' deficit has more than doubled year-on-year, from (£5,144) to (£11,736). The trajectory is decisively negative.
- All assets stripped: As at 31 May 2025, the company holds zero assets — no cash, no debtors, no fixed assets. The prior year's tangible assets (£4,456 net book value) were fully disposed of, and the remaining debtors (£553) and cash (£845) have been eliminated.
- Share capital is nominal: Only £4 called-up share capital, meaning there is negligible equity cushion and no prospect of capital injection from shareholders.
- Going concern explicitly disclaimed: The director has stated in the accounts that the company has ceased trading, does not intend to recommence, and lacks sufficient resources to settle liabilities in full. The accounts are not prepared on a going concern basis.
3. Cash Flow Assessment: Non-Existent
There is no operating cash flow to assess. The company has ceased all trading activity.
- Zero revenue generation: The income statement has not been delivered (permitted under small company exemptions), and the SIC classification is 99999 (Dormant Company). No trading income exists.
- No liquidity: Cash at bank has fallen from £845 (2024) to nil (2025). There are no current assets whatsoever.
- Working capital deeply negative: Net current liabilities stand at (£11,736), worsened from (£9,600) in 2024. There is no working capital to fund operations or service debt.
- Creditor obligations outstanding: Creditors due within one year total £11,736, comprising:
- Taxation and social security: £10,298
- Other creditors: £1,438
With zero assets and no income, these creditors are unlikely to be satisfied in full.
4. Monitoring Points
This company should not be advanced any credit facility. However, for any existing exposure or connected-party risk, the following require immediate attention:
| Risk Area | Concern | Action Required |
|---|---|---|
| Strike-off status | Active — Proposal to Strike Off | Monitor Companies House daily. A strike-off will be paused if a creditor objects. Any outstanding bank facility would warrant objection to prevent dissolution. |
| Confirmation Statement overdue | Overdue as at data date | Compliance failure; indicates administrative neglect or deliberate wind-down |
| Director conduct | Sole director D. name shown to subscribers; two PSCs (name shown to subscribers and name shown to subscribers) | Check Insolvency Service records for any disqualification orders. Given outstanding liabilities of £11,736 with no means of payment, potential wrongful trading risk exists |
| Connected entities | PSC name shown to subscribers is not a director | Assess whether name shown to subscribers has interests in other trading entities that may be receiving value from PESTMAX UK |
| Tax liability | £10,298 owed to HMRC | HMRC may pursue winding-up petition. This takes priority over unsecured creditors |
| Asset disposals | All tangible assets disposed of in-year | Verify disposals were at arm's length and not undervalue transfers to connected parties |
Additional Risk Factors
- No audit: The company claims audit exemption under section 477. No independent verification of the financial position exists.
- Zero employees: Both 2024 and 2025 report nil average employees — the company is a shell with no operational capability.
- Negative financial trajectory: Each successive year shows deepening deficits with no corrective action evident.
- Domain registered (pestmax.co.uk) but classified as dormant — potential for the brand/trading name to be transferred to another entity, leaving this vehicle with all liabilities.