ANGLO ES OAKSEY LTD

Executive Summary

Anglo ES Oaksey Ltd shows a healthy balance sheet with strong liquidity and no current liabilities reported in the latest accounts. The company benefits from significant capital injections and group backing but remains in an early operational phase with limited profit history. Credit approval is recommended on a conditional basis, subject to ongoing monitoring of financial performance and cash flow generation.

ANGLO ES OAKSEY LTD - Analysis Report

Company Number: 14458498

Analysis Date: 2025-07-29 12:49 UTC

1. Credit Opinion: CONDITIONAL APPROVAL. Anglo ES Oaksey Ltd is a recently incorporated private limited company (Nov 2022) with no significant liabilities recorded in the latest accounts. The company’s financials as of 31 March 2024 show a strong net current asset position (£202k) and net assets of the same amount, indicating a solid short-term liquidity buffer. However, the company is still in its early stage of operations and has a very limited profit and loss history (no P&L detail filed), which restricts the ability to fully assess earnings stability and cash flow generation. The company is controlled by related entities (Falco Battery Projects Ltd and Anglo Energy Storage Ltd) which may imply group support, but also potential intercompany dependencies. Credit facilities could be considered with prudent limits and ongoing monitoring of operational cash flows and debt servicing ability.

2. Financial Strength: The balance sheet at 31 March 2024 shows total current assets of £202,111, primarily cash (£103,029) and stock (£91,024). There are no current liabilities reported for 2024, a significant improvement from the previous year when creditors were £211,161, mostly owed to group undertakings. This suggests repayment or restructuring of intercompany balances, improving the company’s standalone financial position. Shareholders’ funds increased markedly to £202,111 from just £82 the prior year, mainly due to share premium of £220,332, indicating capital injection. The absence of long-term liabilities and positive net assets support a sound financial foundation.

3. Cash Flow Assessment: The cash balance of £103,029 is adequate relative to current assets and no current liabilities are reported, indicating good liquidity. Debtors are low (£8,058), with an increase in stock levels possibly tied to operational growth. The net current assets figure of £202,111 reflects positive working capital, providing a buffer for short-term obligations. However, without detailed cash flow statements or profit and loss accounts, the sustainability of cash generation and operational cash conversion remains uncertain. Close attention should be paid to cash flow trends as trading develops.

4. Monitoring Points:

• Monitor future filings for detailed profit and loss accounts and cash flow statements to assess earnings and cash generation capacity.
• Review the status of intercompany balances and any related party transactions to understand group dependencies.
• Track stock levels relative to sales and debtor collection efficiency to avoid working capital strain.
• Watch for any changes in director appointments or control structure that could impact governance.
• Keep an eye on filing timeliness and compliance with statutory requirements.