ABOVE & BEYOND DESIGN AND BUILD LTD

Executive Summary

Above & Beyond Design and Build Ltd shows a solid improving financial position with increased net assets and liquidity, supporting its ability to meet liabilities. The company’s small size and reliance on a single director warrant conditional approval, with ongoing monitoring of liquidity, debt levels, and trading performance to ensure continued creditworthiness. Overall, the outlook is cautiously positive for credit extension.

ABOVE & BEYOND DESIGN AND BUILD LTD - Analysis Report

Company Number: 12473159

Analysis Date: 2025-07-20 11:16 UTC

1. Credit Opinion: CONDITIONAL APPROVAL

Above & Beyond Design and Build Ltd demonstrates improving financial strength and liquidity, indicating an enhanced ability to service debt. However, the company is small, with a single director/shareholder and limited employees, and it carries some medium-term finance lease obligations and director loans that merit close monitoring. Credit approval is recommended subject to continued positive trading performance, timely filings, and maintenance of current liquidity levels.

2. Financial Strength:

The company’s net assets nearly doubled from £14,251 in 2023 to £31,731 in 2024, reflecting retained earnings growth and improved equity position. Tangible fixed assets remain significant (~£22k) but depreciated, showing investment in plant and vehicles. Current liabilities have decreased substantially, particularly longer-term finance lease obligations falling from £17.5k to £10.3k. Share capital is nominal (£1), typical for a small private limited company. Overall, the balance sheet is modestly strong, with shareholders’ funds comfortably exceeding current liabilities and a positive net asset base.

3. Cash Flow Assessment:

Cash at bank increased from £11,262 to £26,374 over the year, doubling liquidity and improving working capital (net current assets up from £4,208 to £20,541). Current liabilities have decreased, further strengthening short-term liquidity. The company has a healthy cash buffer relative to immediate obligations, indicating good short-term repayment capacity. However, the business relies on a single director and has a limited workforce, which may impact operational resilience if turnover fluctuates.

4. Monitoring Points:

• Maintain and build cash reserves to cover finance lease and director loan obligations as they mature.
• Watch for any delays or issues in statutory filings or confirmation statements.
• Monitor profitability trends and contract pipeline given the concentrated management and small employee base.
• Keep an eye on credit risk arising from customer concentration or payment delays which could impact cash flow.
• Review any changes in debt structure, especially additional director loans or lease financing.