Company Number: 13159451

Analysis Date: 2025-07-29 20:58 UTC

1. Credit Opinion: CONDITIONAL APPROVAL
   Beverley Bell Training Services Ltd has demonstrated a significant turnaround in its financial position over the latest reporting period ending June 2024, moving from a negative net current asset position of -£41,357 in early 2023 to a positive working capital of £29,381. This turnaround indicates improved operational management and liquidity. However, the company remains relatively young (incorporated 2021) with a small capital base (£1,000 share capital) and limited operating scale (one employee average in latest period). The company should be considered for credit facilities with conditions including regular monitoring of cash flow and receivables, and possibly secured lending given the limited tangible fixed assets (£2,782). The industry classification (transportation support activities) typically involves cyclical risk, so prudent limits on exposure are recommended.

2. Financial Strength
   The balance sheet shows a positive net asset position at £32,163 as at 30 June 2024, a strong improvement from previous years’ deficits exceeding £38,000. The company has no long-term liabilities reported, which reduces financial risk, and has improved retained earnings from negative £39,085 to positive £31,163, reflecting profitable trading or capital injections. Tangible fixed assets are minimal, which is typical for a consultancy or service provider. The capital structure is modest but stable with no signs of over-leverage.

3. Cash Flow Assessment
   Cash at bank stands at a healthy £71,625, which is more than sufficient to cover current liabilities of £64,729, providing a comfortable liquidity buffer. Debtors at £22,485 also contribute to working capital, although aging analysis is not provided and should be reviewed to assess collection risk. The turnaround from negative to positive net current assets suggests improved cash management and operating cash flow. However, given the small scale of the business and limited employee base, cash flow volatility is possible, and ongoing liquidity monitoring is essential.

4. Monitoring Points

• Maintain oversight of debtor aging and cash conversion cycle to ensure continued liquidity.
• Watch for any increase in current liabilities or deterioration in net working capital.
• Monitor profitability trends through future accounts filings, given the absence of income statement disclosures in the latest abridged accounts.
• Review director and shareholder conduct, although current directors appear stable with no disqualifications.
• Keep track of any changes in business scale or sector risks affecting transportation support activities.