Company Number: 14760680

Analysis Date: 2025-07-19 12:05 UTC

1. Credit Opinion: APPROVE
   Academica Ltd is a newly incorporated micro-entity with a clean credit profile and no negative indicators such as overdue filings or insolvency proceedings. The company shows positive net assets and working capital, indicating it can meet short-term obligations. However, given its very recent establishment and limited financial history, credit exposure should be modest and monitored closely. The sole director and controlling shareholder appears stable with no adverse records.

2. Financial Strength:
   The balance sheet as of 31 March 2024 shows net assets of £4,796, primarily comprising current assets of £5,682 against current liabilities of £1,079. Fixed assets are minimal at £193, typical for a service-oriented micro business. The positive net current assets of £4,603 reflect adequate liquidity and a solvent position. Shareholders’ funds equal net assets, indicating no accumulated losses or debt financing. The company’s financial base is sound but remains small.

3. Cash Flow Assessment:
   Current assets consist mostly of cash or receivables, with current liabilities well covered, resulting in a healthy working capital position. The company had an average of one employee and minimal operating scale during its first year, suggesting modest cash flow needs. While detailed cash flow statements are not provided, the positive net current assets and absence of debt suggest low liquidity risk at present.

4. Monitoring Points:

• Track revenue growth and profitability as operations scale beyond initial start-up phase.
• Monitor cash flow and receivables cycles to ensure ongoing liquidity.
• Review director and shareholder stability and any changes in control or management.
• Watch for timely filing of accounts and confirmation statements in subsequent years.
• Assess impact of any changes in education sector regulations under SIC 85590.