Company Number: 12822262

Analysis Date: 2025-07-19 11:56 UTC

1. Credit Opinion: APPROVE with caution. Abbeygale Roofing Ltd is a micro-entity operating in the roofing sector with stable net assets and no overdue filings. The company shows positive net current assets indicating short-term liquidity to meet obligations. However, the decline in net assets and working capital in the latest year suggests some weakening in financial strength that merits monitoring.

2. Financial Strength: The balance sheet reveals a net asset base of £23,548 as of August 2024, down from £34,209 the prior year. The company carries no long-term liabilities and retains modest working capital (£23,548). Shareholder funds equal net assets, confirming no hidden liabilities. The small scale and micro-entity status limit financial buffers but reflect a simple structure.

3. Cash Flow Assessment: Current assets (£44,463) exceed current liabilities (£20,915) by a comfortable margin, supporting liquidity. The company maintains positive net current assets consistently, indicating ability to cover short-term debts. There is no indication of cash flow stress, but the reduction year-on-year should be watched.

4. Monitoring Points:

• Track working capital trends to ensure ongoing liquidity.
• Observe net assets trajectory to detect sustained erosion.
• Monitor any changes in director or shareholder structure.
• Watch for timely filing of accounts and confirmation statements.
• Assess any growth in liabilities or changes in operating scale.