"BEON" SUPPORT LTD

Executive Summary

BEON SUPPORT LTD is a newly formed micro-entity demonstrating initial profitability but with minimal financial resources and no net assets. Credit approval is conditional on ongoing profitable trading and improved liquidity. Close monitoring of cash flow and working capital is essential to manage credit risk effectively.

"BEON" SUPPORT LTD - Analysis Report

Company Number: 14502415

Analysis Date: 2025-07-29 12:58 UTC

1. Credit Opinion: CONDITIONAL APPROVAL
   BEON SUPPORT LTD is a very recently incorporated micro-entity (since Nov 2022) with limited financial history. The company reported modest turnover (£50k) and a net profit (£17.1k) for its first 16-month period, indicating initial profitability. However, the balance sheet shows zero net assets and no fixed assets, suggesting minimal capital base and potentially tight liquidity. Given the small scale and early stage, credit approval is conditional on continued profitable trading and improved working capital. Additional financial information and monitoring of cash flow will be necessary before increasing credit exposure.

2. Financial Strength:
   The company’s balance sheet reflects no fixed assets and net assets of zero, indicating a minimal capital base. Shareholders’ funds are nil, which aligns with the micro-entity status but limits financial resilience. The absence of tangible or intangible assets and no net current assets implies the company is likely relying on operating cash flow and possibly shareholder funding to meet obligations.

3. Cash Flow Assessment:
   The profit of £17,100 suggests positive operating performance, but the absence of detailed working capital figures (current assets vs current liabilities) restricts full cash flow analysis. The company employed only 1 staff member, and expenses (£14.9k staff costs + £18k other charges) indicate tight cost control. Liquidity appears limited, and without cash or receivables data, it is critical to monitor cash inflows closely to ensure timely debt servicing.

4. Monitoring Points:

• Quarterly trading updates to confirm turnover growth and sustained profitability
• Cash flow statements to verify liquidity and ability to meet short-term liabilities
• Changes in net current assets and any build-up of working capital deficits
• Directors’ management actions on cost control and capital injection if needed
• Timely filing of accounts and confirmation statements to ensure compliance