ABLO NORTH LIMITED

Executive Summary

ABLO NORTH LIMITED is a small, micro-entity with stable positive net assets and working capital, showing modest operational scale and consistent management. While current assets and liquidity have slightly declined, the company maintains sufficient short-term financial health to meet obligations. Continued compliance and monitoring of liquidity trends are advised to safeguard credit quality.

ABLO NORTH LIMITED - Analysis Report

Company Number: SC680474

Analysis Date: 2025-07-29 20:49 UTC

1. Credit Opinion: APPROVE with caution. ABLO NORTH LIMITED demonstrates modest but stable net current assets and shareholders' funds over the last four years, indicating a positive working capital position. However, the small scale of operations (micro-entity status) and declining current assets from £10,120 in 2020 to £7,375 in 2023 suggest limited financial flexibility. The company’s late filing of the confirmation statement is a minor compliance concern but does not currently impair creditworthiness. The director’s long tenure and clear reporting imply competent management.

2. Financial Strength: The balance sheet reflects a lean structure typical of a micro-entity with net assets of £4,875 as of the latest year-end. Current liabilities are low at £2,500, comfortably covered by current assets. Share capital is minimal (£1.00), indicating limited equity injection beyond retained earnings. The slight downward trend in net current assets from £6,638 in 2022 to £4,875 in 2023 warrants monitoring. Overall, the company maintains a positive net asset base but with limited buffer for larger financial shocks.

3. Cash Flow Assessment: Current assets predominantly likely represent cash or receivables, with no fixed assets disclosed. Net current assets indicate adequate short-term liquidity to cover payables, supporting operational continuity. The working capital position remains positive but has contracted year on year, which could constrain cash flow if sales or collections slow. The average of one employee limits payroll burden. Lack of detailed cash flow statements restricts deeper analysis but no immediate liquidity red flags emerge.

4. Monitoring Points:

• Monitor timely filing of annual returns and accounts to ensure compliance and transparency.
• Watch current asset trends and net current assets for signs of deteriorating liquidity.
• Assess any material changes in creditor balances or emerging liabilities.
• Keep track of business activity within the SIC code repair and maintenance sector for market risks.
• Confirm director stability and absence of adverse conduct records.