BENN CONSULTING LTD

Executive Summary

BENN CONSULTING LTD is a newly formed micro IT consultancy with a clean balance sheet, no debt, and positive working capital, indicating good initial financial health. While limited trading history restricts long-term risk assessment, current liquidity and ownership structure support credit approval. Ongoing monitoring of trading performance and financial obligations is advised to manage future credit risk effectively.

BENN CONSULTING LTD - Analysis Report

Company Number: 15356463

Analysis Date: 2025-07-20 19:04 UTC

1. Credit Opinion: APPROVE
   Benn Consulting Ltd is a newly incorporated micro entity with no debt and positive net current assets, indicating a strong liquidity position. The company is owned and controlled entirely by a single director with a clear governance structure. Although the company is in its first full year of trading and lacks historical financial performance, the absence of liabilities and positive working capital support its capacity to meet short-term obligations. Credit approval is recommended with standard monitoring due to limited trading history.

2. Financial Strength:
   The balance sheet shows total net assets of £65,719, entirely composed of current assets (£65,718) with no fixed assets or liabilities. The share capital of £1 indicates minimal initial equity investment, but the accumulated shareholder funds reflect retained earnings or capital contributions. The absence of creditors and provisions suggests a clean financial position with no encumbrances. Overall, the financial strength is sound for a micro entity at start-up stage.

3. Cash Flow Assessment:
   Current assets consist entirely of liquid or near-liquid resources, implying good cash availability. Zero current liabilities mean there are no immediate financial obligations or pressures on cash flow. The company employs two people, indicating some operational activity but likely low overhead costs. The working capital position is very positive at £65,718, supporting smooth day-to-day operations and allowing for some flexibility in cash management.

4. Monitoring Points:

• Track revenue growth and profitability as the company matures to confirm sustainability.
• Monitor any increase in liabilities or fixed asset investments that could impact liquidity.
• Review director’s remuneration and related party transactions for financial prudence.
• Ensure timely filing of accounts and confirmation statements to avoid regulatory penalties.
• Observe market conditions in the IT consultancy sector that may affect cash flow and credit risk.