ASPHALT PLANT SOLUTIONS LIMITED

Executive Summary

Asphalt Plant Solutions Limited is a micro private company in early stages of trading with a positive working capital and modest equity base. While liquidity appears adequate, limited trading history and absence of profitability data warrant conditional credit approval, with close monitoring of financial performance and cash flow. The director’s full ownership and operational control provide governance stability but require vigilance on operational resilience as the business scales.

ASPHALT PLANT SOLUTIONS LIMITED - Analysis Report

Company Number: 14357529

Analysis Date: 2025-07-29 18:45 UTC

1. Credit Opinion: CONDITIONAL APPROVAL
   Asphalt Plant Solutions Limited is a newly incorporated private limited company, operating since September 2022 in the construction of roads and motorways sector. The company shows positive net current assets and positive shareholders’ funds as of the latest accounts for the year ending September 2023. However, given the very short trading history (just over one year), modest scale, and limited financial disclosures (no income statement filed), credit approval should be conditional on monitoring ongoing trading performance and liquidity. The current director has full control and appears committed, but the absence of historical profitability data and limited scale increase risk.

2. Financial Strength:
   The balance sheet as of 30 September 2023 shows:

• Current Assets: £51,208 (mostly cash £43,946 and debtors £7,262)
• Current Liabilities: £36,515 (trade creditors £10,000, taxation/social security £11,716, other creditors £14,799)
• Net Current Assets: £14,693
• Shareholders’ Funds: £14,693
  The company has a positive working capital position, indicating the ability to cover short-term liabilities. The small equity base and total assets reflect the micro-company scale. There are no fixed assets reported, suggesting limited capital investment to date.

3. Cash Flow Assessment:
   Cash on hand is strong relative to current liabilities, with nearly £44k in cash against £36.5k in short-term obligations. This liquidity buffer is positive, but the company’s cash flow sustainability cannot be fully assessed without profit and loss data. The single employee/director status limits overheads but also points to dependency on a very small management team and limited operational scale. Debtor balances are modest but should be monitored for collection risk.

4. Monitoring Points:

• Future profitability and cash flow generation as trading matures and revenue grows
• Timely settlement of taxation and social security liabilities to avoid penalties
• Debtor collection periods and creditor payment terms to maintain working capital health
• Any changes in director or ownership structure, given single director control
• Annual accounts filing on schedule and provision of income statement data for credit assessment