Company Number: 13992752

Analysis Date: 2025-07-20 16:57 UTC

1. Credit Opinion: APPROVE
   Bexlie Wealth Management Limited demonstrates a stable financial position with positive net assets and improving net current assets over two years. The company shows sound liquidity and no overdue filings, indicating good management and operational discipline. The directors are experienced, and no adverse conduct records exist. Given the company's financial strength and growth trajectory, it is capable of servicing typical credit facilities, subject to standard monitoring.

2. Financial Strength:

• Net assets increased from £33,105 (2023) to £39,728 (2024), reflecting retained earnings growth and overall business expansion.
• Fixed assets declined modestly due to amortisation of goodwill, which is normal for the industry, with tangible assets stable at £1,164.
• Shareholders’ funds align with net assets, confirming no hidden liabilities.
• The company holds a modest share capital (£100) but the equity base is predominantly accumulated profits, supporting balance sheet resilience.

3. Cash Flow Assessment:

• Current assets (cash) improved from £47,905 to £65,974, showing enhanced liquidity.
• Current liabilities rose slightly from £40,716 to £45,801, primarily due to an increase in directors’ loan accounts (£19,021 to £25,191) and corporation tax liabilities.
• Net current assets increased from £7,189 to £20,173, indicating improved working capital management and liquidity coverage for short-term obligations.
• Cash at bank is sufficient relative to short-term creditors, demonstrating a low risk of liquidity stress.

4. Monitoring Points:

• Monitor directors’ loan accounts to ensure they do not become a cash flow burden or indicate reliance on director funding.
• Watch corporation tax liabilities to confirm timely payment and avoid potential penalties.
• Keep an eye on goodwill amortisation and any impairment risks, as it comprises a significant portion of fixed assets.
• Track ongoing profitability and cash generation to maintain or improve net asset position and liquidity.