Company Number: 15357919

Analysis Date: 2025-07-20 13:50 UTC

1. Credit Opinion: APPROVE
   Allvisual Ltd is a newly incorporated micro-entity with a solid balance sheet as at the first year-end. The company shows positive net current assets and net assets, indicating initial financial stability. With no staff employed and minimal fixed assets, the company maintains a lean operation. There are no overdue filings or signs of financial distress. Given the company's early stage, credit exposure should be limited and monitored, but the current financial position supports approval for modest credit facilities.

2. Financial Strength:
   The company's balance sheet as of 31 December 2024 shows total fixed assets of £3,750 and current assets of £42,057 against current liabilities of £17,900, resulting in net current assets of £24,157. After accounting for accruals and deferred income of £500, net assets stand at £27,407, all represented by shareholders' funds. This healthy equity base and positive working capital position reflect good initial capitalization and liquidity. However, absence of profit and loss data limits assessment of operational profitability and cash generation.

3. Cash Flow Assessment:
   Current assets primarily consist of cash or equivalents and receivables, sufficient to cover short-term liabilities comfortably (current ratio approximately 2.35). The company has no employees, suggesting low ongoing cash burn. Positive net current assets indicate sufficient liquidity to meet immediate obligations. However, no detailed cash flow statement is available, and the company’s ability to generate sustainable operating cash flow remains untested due to its infancy.

4. Monitoring Points:

• Monitor timely filing of next accounts and confirmation statements to maintain compliance.
• Track growth in revenue, profitability, and cash flow once operating activities commence.
• Watch for any significant increases in liabilities or changes in working capital that could strain liquidity.
• Observe management’s ability to scale operations and control costs as the business develops.
• Keep an eye on director and PSC changes or any adverse conduct records.