AMIYA LTD

Executive Summary

Amiya Ltd is a newly established small private company in real estate letting with minimal fixed assets and modest net equity. The company currently exhibits a working capital deficit and limited cash reserves, posing moderate liquidity risk. Conditional credit approval is recommended subject to strict monitoring of cash flows and financial performance over the coming year.

AMIYA LTD - Analysis Report

Company Number: SC746596

Analysis Date: 2025-07-20 13:03 UTC

1. Credit Opinion: CONDITIONAL APPROVAL
   Amiya Ltd is a recently incorporated private limited company (October 2022) operating in the real estate letting sector (SIC 68209). The company has a modest net asset base (£703) and a small working capital deficit (£-2,072). While the company is current on filings and has no adverse legal or financial history, the limited financial history and negative net current assets warrant caution. Approval for credit facilities should be conditional on continued positive cash flow monitoring and a requirement for updated financials in 12 months.

2. Financial Strength:
   The balance sheet shows very limited fixed assets (£2,775 net book value) and cash holdings (£3,466). Total current liabilities (£5,538) exceed current assets (£3,466), resulting in a working capital deficit of £-2,072. Net assets and shareholders’ funds are minimal (£703), reflecting the early stage of the business. No long-term debt or significant financial leverage is evident. The company is classified as "Small" by account category, with only one director and one employee, indicating a very lean structure.

3. Cash Flow Assessment:
   Cash on hand covers only 62% of current liabilities, indicating potential liquidity pressure. The absence of trade debtors suggests limited ongoing receivables, and the bulk of current liabilities are "other creditors" (£4,595) and tax/social security obligations (£894). With minimal turnover disclosed and no audit performed, cash flow visibility is limited. The company will need to demonstrate improved working capital management to support credit extension.

4. Monitoring Points:

• Quarterly review of cash flow forecasts and bank statements to track liquidity trends.
• Timely submission of next annual accounts and confirmation statements to verify ongoing compliance.
• Monitor creditor days and tax payment timeliness to detect emerging cash flow strains.
• Watch for any increases in current liabilities or fixed asset purchases that might impact liquidity.
• Management’s ability to generate turnover and grow retained earnings from the current low base.