BILLA EXPRESS LTD

Executive Summary

BILLA EXPRESS LTD is a micro-entity with very limited financial scale but currently shows a positive net asset position and no overdue filings. While credit risk is low due to the small size, the company’s financial data is minimal and lacks profit or cash flow detail, so any credit exposure should be conservative and closely monitored. Continued oversight of liquidity and operational performance is recommended.

BILLA EXPRESS LTD - Analysis Report

Company Number: 13103078

Analysis Date: 2025-07-19 13:03 UTC

1. Credit Opinion: APPROVE with caution. BILLA EXPRESS LTD is a very small micro-entity with minimal financial activity and limited operational scale, but it currently maintains a positive net asset position and no overdue filings. The company’s balance sheet shows a modest improvement in net assets from £1 in 2022 to £146 in 2023, indicating some growth. However, the absolute scale is very low, and the company lacks operating profit data or cash flow statements. Credit exposure should be limited, and any lending should consider the small size and limited financial history.

2. Financial Strength: The company’s net assets have increased from £1 in 2022 to £146 in 2023, driven by a rise in current assets from £1 to £180 and current liabilities of only £34. The balance sheet is very small and simple, reflecting micro-entity status. The capital and reserves correspond to net assets, indicating no long-term debt. The lack of fixed assets and minimal shareholders’ funds limits financial strength. Overall, the balance sheet is solvent but fragile.

3. Cash Flow Assessment: Available cash or cash equivalents are nominal (£1 reported in 2022, not explicitly noted in 2023 but included in current assets). Current assets mainly consist of small amounts of liquid assets, while current liabilities are low. Net working capital is positive (£146), suggesting the company can meet short-term obligations. However, no detailed cash flow or profit & loss information is provided, so liquidity beyond the balance sheet snapshot is unclear.

4. Monitoring Points:

• Monitor future annual accounts for evidence of revenue generation and profitability.
• Watch cash balances and working capital trends to ensure ongoing liquidity.
• Track any increase in liabilities or changes in ownership/control.
• Review payment history on any credit facilities extended.
• Observe management changes or operational scale adjustments.