Company Number: 13557280

Analysis Date: 2025-07-20 15:46 UTC

1. Credit Opinion: APPROVE
   AIB Electrical Services Ltd is a small micro-entity operating in electrical installation since 2021. The company demonstrates stable and improving net asset positions, sufficient working capital, and has no overdue filings. The sole director holds full ownership and voting control, indicating centralized decision-making. The financial profile suggests the business can meet its short-term obligations and service modest credit facilities.

2. Financial Strength:
   The balance sheet shows steady net assets increasing from £11,293 in 2021 to £14,874 in 2024. Fixed assets have slightly decreased but remain modest at £13,267, appropriate for a service business with minimal capital intensity. Current assets have grown to £40,711 with current liabilities well covered, yielding net current assets of £31,673. There is a significant long-term creditor balance (~£30k), but total assets less current liabilities remain stable around £45k. Overall, the company maintains a modest but positive equity base with no signs of distress.

3. Cash Flow Assessment:
   The company’s net current assets position indicates adequate liquidity to cover immediate liabilities. The working capital position has improved from £24,284 in 2021 to £31,673 in 2024, reflecting better short-term financial health. With only one employee and a micro-entity scale, cash demands are likely limited. While no detailed cash flow statement is provided, the positive net current assets and absence of overdue creditors suggest satisfactory cash flow management.

4. Monitoring Points:

• Monitor the long-term creditor balance (~£30k) to ensure it does not increase disproportionately or signal financing strain.
• Watch for any sudden deterioration in working capital or net assets that may impact liquidity.
• Given the company is young with limited financial history, monitor revenue growth and profitability trends once available.
• Observe director’s continued involvement and governance, given single-person control structure.