Company Number: 15158468

Analysis Date: 2025-07-29 12:41 UTC

1. Credit Opinion: APPROVE with caution.
   ACL PROPERTY MAINTENANCE (NE) LTD is a newly incorporated micro private limited company with a clean legal status, controlled fully by a single director and shareholder. Given its very recent formation in September 2023 and first accounts to September 2024, the company has a modest balance sheet but no history of trading or profits yet. There is no indication of financial distress and the director appears directly involved. However, as a start-up with minimal trading track record, credit limits should be conservative and possibly secured until operational performance solidifies.

2. Financial Strength:
   The company’s balance sheet at 30 September 2024 shows current assets of £6,220 against current liabilities of £954, producing net current assets (working capital) of £5,266. Shareholders’ funds stand at £4,066, indicating a positive equity position but at a very small scale. No fixed assets or longer-term liabilities are reported. The micro-entity accounts prepared under simplified rules show limited financial complexity but a sound start with no overdrafts or borrowings.

3. Cash Flow Assessment:
   With current assets primarily cash or equivalents and low current liabilities, the company currently maintains adequate liquidity to meet short-term obligations. The net working capital is positive, suggesting no immediate cash flow stress. However, the absence of employees and revenue figures in the accounts implies minimal operating activity to date. Close monitoring of incoming cash flows and receivables once trading starts is recommended.

4. Monitoring Points:

• Trading performance and revenue generation over the next 12 months to assess operational viability.
• Cash flow statements and bank balances to verify liquidity as business ramps up.
• Changes in liabilities or new borrowings that may impact solvency.
• Director’s management of credit risk and payment terms with customers and suppliers.
• Timely filing of future accounts and confirmation statements to maintain compliance.