Company Number: 14720908

Analysis Date: 2025-07-20 15:56 UTC

1. Credit Opinion: APPROVE with caution. ALICE JACOBS STUDIO LTD is a newly incorporated micro-entity operating in specialised design activities. The company's financials show a positive net asset position and working capital, indicating initial financial stability. However, being a start-up with only one year's accounts and a single employee, credit exposure should be limited and monitored closely until a longer trading history confirms sustainable cash flows and profitability.

2. Financial Strength: The balance sheet as of 31 March 2024 shows no fixed assets and current assets of £13,522 against current liabilities of £8,674, resulting in net current assets of £4,848 and net assets/shareholders funds of £4,849. The company is fully equity funded with no long-term debt or provisions. This capital structure is typical for a micro start-up and reflects low financial leverage, reducing insolvency risk at this stage.

3. Cash Flow Assessment: The company’s working capital is positive, suggesting it can meet short-term obligations at the reporting date. However, the relatively modest current assets imply limited liquidity buffers. There is no information on cash flow statement or profitability, so the ability to generate ongoing operating cash flow is unknown. Given the company’s early stage and single employee, cash flow volatility risk is elevated.

4. Monitoring Points:

• Future profitability and revenue growth to ensure sustainable debt servicing capability.
• Liquidity trends and working capital management in subsequent accounts.
• Any increases in liabilities or onset of debt financing.
• Continued compliance with filing deadlines to avoid regulatory issues.
• Management conduct and operational scaling given reliance on a single director and employee.