ACCOSMART LIMITED

Executive Summary

ACCOSMART LIMITED is a newly formed micro-entity with limited financial history but currently maintains a positive working capital position and no external debt. Given the small scale and start-up status, a conditional credit approval with conservative limits and active monitoring is recommended. The director’s accounting background adds confidence in financial management, but ongoing assessment of cash flows and trading performance is essential to mitigate risk.

ACCOSMART LIMITED - Analysis Report

Company Number: 15051360

Analysis Date: 2025-07-19 12:03 UTC

1. Credit Opinion: CONDITIONAL APPROVAL
   ACCOSMART LIMITED is a newly incorporated micro-entity operating in bookkeeping activities. The company shows a modest net asset base of £794 with positive net current assets, indicating no immediate liquidity stress. However, given its very limited operating history (just over 1 year) and minimal financial scale, the credit exposure should be limited and closely monitored. The sole director has accounting expertise, which supports financial stewardship, but lack of historical financial performance data warrants cautious credit extension with conservative limits.

2. Financial Strength:
   The balance sheet reflects a very small scale operation with current assets of £3,471 against current liabilities of £2,677, resulting in net current assets of £794. Total net assets equal shareholders’ funds at £794, indicating no external debt or significant liabilities. The company’s micro-entity status means minimal reporting detail and no audit, limiting depth of financial insight. Overall, the financial strength is weak but stable for a start-up, with no signs of insolvency risk at this stage.

3. Cash Flow Assessment:
   Current assets mainly comprise cash or equivalents and receivables, sufficient to cover short-term liabilities. The positive working capital (£794) suggests the company can meet near-term obligations. However, the scale is very small, and no employees are recorded, implying limited operational activity and cash inflows. Cash flow visibility is low due to absence of profit & loss data and detailed cash flow statements. Lending should factor in the need for ongoing monitoring of cash generation capability.

4. Monitoring Points:

• Quarterly review of trading performance and cash flow statements to confirm growing or stable revenues.
• Watch for any increase in current liabilities or deterioration in working capital.
• Monitor director’s involvement and any changes in control or management structure.
• Timely filing of next accounts and confirmation statement to ensure compliance.
• Assess any plans for business expansion or capital injection that may impact creditworthiness.