BESTFIELD CARE LIMITED

Executive Summary

Bestfield Care Limited presents a strong credit profile as a young micro-entity with growing net assets, positive working capital, and no current liabilities. Its financial stability and liquidity position support approval for credit facilities. Ongoing monitoring should focus on cash flow sustainability and sector-specific operational risks.

BESTFIELD CARE LIMITED - Analysis Report

Company Number: 14375149

Analysis Date: 2025-07-29 19:26 UTC

1. Credit Opinion: APPROVE
   Bestfield Care Limited demonstrates a stable and improving financial position within a short operating history since incorporation in 2022. The company shows positive net current assets and net assets with no current liabilities as of the latest accounts, indicating a solid liquidity position and no immediate solvency concerns. The directors are experienced, with 6 employees supporting operations, and there is no record of adverse director conduct. The business operates in a resilient sector—residential and human health care—which tends to have steady demand. The lack of overdue filings and a clear ownership/control structure further supports a favorable credit stance.

2. Financial Strength:
   The balance sheet reflects growth with total net assets increasing from £4,143 in 2023 to £15,242 in 2024. The company has no fixed assets reported in 2024 (previously £2,400), but current assets have increased substantially from £2,831 to £15,241, and current liabilities have been eliminated. This results in a strong net current asset position of £15,241, indicating good working capital. The increase in shareholder funds suggests retained earnings or additional capital injection, strengthening equity. Overall, the financial structure is sound for a micro-entity with no gearing or leverage concerns.

3. Cash Flow Assessment:
   With current liabilities at zero and current assets primarily consisting of cash or equivalents (implied by absence of creditors), the company holds a comfortable liquidity buffer. The positive net current assets indicate sufficient short-term assets to cover liabilities and operating expenses. The consistent employee base (6 staff) indicates controlled payroll expenses. While detailed cash flow statements are not provided, the balance sheet and working capital position infer healthy cash flows or at least sufficient cash reserves to meet obligations without reliance on external financing.

4. Monitoring Points:

• Continued maintenance of positive net current assets and net assets as the company expands.
• Monitor operational cash flows to ensure sustained liquidity, especially in a sector sensitive to regulatory and funding changes.
• Watch for any increase in current liabilities or overdrafts which could strain working capital.
• Track any changes in ownership or director appointments that might affect governance or financial responsibility.
• Monitor sector-specific risks including workforce retention and compliance with health care regulations.