ALEXANDRA INTERIORS THE HUB LTD

Executive Summary

Alexandra Interiors The Hub Ltd has improved its financial position with positive net assets and stronger working capital, but carries significant long-term liabilities relative to equity. The company demonstrates operational consistency in a niche manufacturing sector but remains moderately leveraged. Credit can be extended on a conditional basis with close monitoring of liquidity and debt servicing capacity.

ALEXANDRA INTERIORS THE HUB LTD - Analysis Report

Company Number: 12700230

Analysis Date: 2025-07-20 16:15 UTC

1. Credit Opinion: CONDITIONAL APPROVAL.
   Alexandra Interiors The Hub Ltd is an active micro private limited company in the manufacture of kitchen furniture. The company has shown an improvement in net assets from a negative figure last year to a positive £13,908 in 2024. However, the balance sheet still reflects a high level of long-term liabilities (£174k) compared to modest equity and limited share capital (£100). The company’s ability to service debt may be constrained by its leverage and relatively thin equity base. Credit approval is recommended with conditions such as monitoring of future filings, covenant controls, and possibly requiring personal guarantees or collateral depending on the facility size.

2. Financial Strength:
   The company’s fixed assets increased from £35,908 in 2023 to £69,058 in 2024, indicating capital investment or asset acquisition. Current assets remained stable around £212k, while current liabilities decreased from £120k to £93k, improving net current assets to £119k. However, the most significant liability is the long-term creditor balance of £174k, which heavily offsets total assets. Shareholders’ funds improved from a negative £72,647 in 2023 to a positive £13,908 in 2024, indicating a better net asset position, but still modest for the size of liabilities. The micro category limits suggest small operational scale and limited financial cushion.

3. Cash Flow Assessment:
   Current assets exceed current liabilities by £119k, demonstrating positive working capital and short-term liquidity. The stable number of employees (10) suggests consistent operational scale and expense base. The reduction in current liabilities and slight increase in current assets imply some improvement in liquidity management. However, the large long-term creditor amount may represent loans or deferred payments that could pressure cash flow if repayments are due soon or if income fluctuates. There is no detailed cash flow data, so monitoring cash conversion cycles and supplier payment terms is advised.

4. Monitoring Points:

• Continued improvement in net assets and reduction of long-term liabilities.
• Timely filing of accounts and confirmation statements to avoid penalties and maintain transparency.
• Cash flow trends, especially liquidity and working capital movements in future reports.
• Any material changes in ownership, director appointments, or business scale.
• Profitability trends and retained earnings development beyond micro-entity disclosures.
• Director conduct and compliance with statutory duties.