ARTIZAN GLOBAL LTD

Executive Summary

Artizan Global Ltd shows a strong financial position with growing profits, solid liquidity, and prudent management. The company’s increasing net assets and ample cash reserves support its ability to service debt and meet obligations. Credit approval is recommended with routine monitoring of receivables and working capital to maintain financial stability.

ARTIZAN GLOBAL LTD - Analysis Report

Company Number: 12773126

Analysis Date: 2025-07-29 17:24 UTC

1. Credit Opinion: APPROVE
   Artizan Global Ltd demonstrates strong financial growth and improved liquidity over recent years. The company’s consistent profitability, evidenced by increasing retained earnings (£165k in 2023 to £295k in 2024), and positive net current assets (£291k) support its ability to meet short-term liabilities. Directors have maintained prudent dividend policies and no adverse governance flags or overdue filings exist. The business operates in management consultancy with a modest asset base, indicating low capital intensity and manageable operational risks. Overall, the company appears creditworthy for typical SME lending facilities with no significant concerns.

2. Financial Strength:
   The balance sheet shows steady strengthening. Net assets rose from £165.6k in 2023 to £295.3k in 2024, driven by retained profits after dividends. Fixed assets are minimal (£3.9k) consistent with consultancy activity, but current assets have grown substantially, mainly cash (£448k) and debtors (£239k), reflecting healthy business volume and efficient collections. Current liabilities increased to £396k but are well covered by current assets, producing a strong working capital buffer. The capital structure is equity-based with only nominal share capital (£100). No long-term debt is evident, limiting financial risk.

3. Cash Flow Assessment:
   Cash at bank has increased significantly from £275k to £448k, indicating strong operational cash generation and effective cash management. Debtors increased but remain well below current liabilities, suggesting acceptable credit control. Creditors and accruals rose to £396k but remain adequately covered. The company paid dividends (£40k in 2024), signaling confidence in cash flow stability. Overall liquidity appears robust with a net current asset ratio of approximately 0.73 (291k/396k), sufficient for ongoing operations and debt servicing.

4. Monitoring Points:

• Monitor debtor ageing and credit risk to ensure collections remain timely and avoid working capital strain.
• Watch creditor and accrual levels for any unusual spikes that might indicate liquidity pressure.
• Track profitability trends and dividend payments to ensure retention of sufficient earnings for growth and buffers.
• Confirm ongoing compliance with filing deadlines and regulatory requirements to avoid penalties or reputational risk.
• Observe any changes in directors or PSC structure that may impact governance or control.