Company Number: 13132356

Analysis Date: 2025-07-20 12:11 UTC

1. Credit Opinion: APPROVE
   Benoy Consulting Ltd demonstrates a solid financial position for a micro entity, with net assets increasing from £8,487 in 2023 to £16,527 in 2024, indicating positive growth. The company has no overdue filings, a clean director record, and operates in a professional sector (accounting and auditing) with stable demand. The director’s background as a Chartered Accountant further supports competent management. Given the modest scale and low liabilities, the company appears capable of meeting short-term obligations and servicing potential credit facilities.

2. Financial Strength:
   The balance sheet shows a healthy net asset base of £16,527 as of January 2024, nearly doubling from the prior year. Fixed assets are minimal (£127), as expected for a micro entity focused on services rather than capital-intensive operations. Current assets (£23,936) comfortably exceed current liabilities (£7,536), yielding net current assets of £16,400, reflecting strong working capital and low gearing. No long-term liabilities are reported, indicating low financial risk.

3. Cash Flow Assessment:
   Although detailed cash flow statements are not provided, the increase in current assets alongside reduced current liabilities indicates improving liquidity. The company’s working capital position is strong, suggesting sufficient cash or near-cash assets to cover short-term debts. The absence of employees and off-balance sheet liabilities further reduces cash flow pressures. The director’s accounting expertise likely ensures prudent cash management.

4. Monitoring Points:

• Monitor turnover and profit trends as filings for micro entities do not disclose profit figures, to confirm sustainable earnings supporting credit repayment.
• Watch for any increase in liabilities or sudden changes in working capital that could strain liquidity.
• Keep oversight on director changes or any adverse filings that might signal governance issues.
• Track industry developments affecting accounting and auditing demand to anticipate potential revenue fluctuations.