Company Number: 13269735

Analysis Date: 2025-07-20 18:16 UTC

1. Credit Opinion: APPROVE
   Biggin Hall Ltd demonstrates a stable and improving financial position with positive net current assets and shareholders’ funds growth over the last three years. The company operates in the hospitality sector with a reputable historic asset and evidence of increasing working capital, indicating good operational cash management. No overdue filings or insolvency concerns are present, and directors have no adverse records. The company’s ability to meet short-term obligations is solid, supporting credit approval for typical SME lending facilities.

2. Financial Strength:
   The balance sheet shows a consistent increase in net current assets from £163.6k in 2021 to £305.5k in 2024, reflecting strengthening liquidity and equity. Shareholders’ funds have nearly doubled over three years, indicating retained earnings or capital injection supporting business growth. The low share capital (£1,008) is typical for a private limited company but is overshadowed by healthy reserves and net assets. Current liabilities remain well covered by current assets, reducing solvency risk.

3. Cash Flow Assessment:
   Cash at bank is modest (£34k) but stable, while debtors are substantial (£426.7k), suggesting effective revenue generation but potential exposure to credit risk if debtor collections slow. The company should maintain close monitoring of debtor aging to avoid liquidity strain. The net current asset position shows good working capital management, with current assets approximately 2.9 times current liabilities, indicating sufficient short-term liquidity to cover immediate debts.

4. Monitoring Points:

• Debtor collection periods and any increase in overdue receivables that could impact liquidity.
• Impact of economic fluctuations on hospitality demand, especially given the sector’s sensitivity to downturns.
• Continued profitability and retention of earnings to support equity growth.
• Lease commitments or other off-balance sheet liabilities not disclosed in current data.
• Director stability and operational management given the relatively recent incorporation (2021).