AZMARD LIMITED

Executive Summary

AZMARD LIMITED is a newly established micro-entity with minimal financial resources and limited operational history. While currently solvent with a small positive working capital, the company’s early stage and low asset base warrant a cautious credit approach. Conditional approval is recommended with ongoing monitoring of cash flow and financial filings to ensure the company can sustainably meet credit obligations.

AZMARD LIMITED - Analysis Report

Company Number: 15084021

Analysis Date: 2025-07-20 17:58 UTC

1. Credit Opinion: CONDITIONAL APPROVAL
   AZMARD LIMITED is a recently incorporated micro-entity with limited financial history. The company has modest net assets (£1,363) and positive net current assets (£188), indicating a minimal but positive working capital position. However, the absence of employees and limited fixed assets suggest the business is at an early stage with limited operational scale. Credit exposure should be conservative and monitored closely as the company has yet to demonstrate consistent cash flow generation or profitability. Approval may be considered with restrictions on facility size and periodic financial reviews.

2. Financial Strength:
   The balance sheet shows a very small capital base (£100 share capital) and low net assets (£1,363). Fixed assets (£1,595) and current assets (£7,652) are modest, with current liabilities (£7,464) almost equal to current assets, resulting in net current assets of only £188. Accruals and deferred income of £420 reduce net assets slightly. The company is solvent with positive net assets but has very limited financial buffer. The micro-entity status means filing requirements are minimal, so detailed financial data is limited.

3. Cash Flow Assessment:
   Current assets mainly comprise cash or equivalents and receivables, but the micro-entity accounts do not disclose detailed cash flow statements. The small positive net working capital (£188) indicates tight liquidity. The company currently employs no staff, which may reduce immediate cash outflows but also suggests limited operational activity. Given the start-up nature, cash inflows and outflows should be monitored carefully to ensure the company can meet short-term obligations as they arise.

4. Monitoring Points:

• Track subsequent trading performance and cash flow statements to assess operational cash generation.
• Monitor timely filing of accounts and confirmation statements to avoid compliance risk.
• Review changes in directors or shareholders, particularly given the recent change in control.
• Watch current and future liabilities relative to current assets, ensuring net working capital remains positive.
• Assess any new financial commitments or credit lines to avoid overextension.