Company Number: 13524099

Analysis Date: 2025-07-19 12:32 UTC

1. Credit Opinion: CONDITIONAL APPROVAL
   Blue Alpine Planning Ltd is an active private limited company operating in the urban planning and architectural sector, with a strong shareholder control held by Mr. Prashad Jaitley. The company has demonstrated ongoing operations since incorporation in 2021, with no overdue filings and stable director oversight. However, the financial statements reveal a declining net asset base and reduced cash balances over the last year, which suggests caution. Approval is recommended subject to close monitoring of liquidity and profitability trends, and confirmation of stable or improving cash flow from operations to ensure debt servicing capacity.

2. Financial Strength:

• Net assets declined from £19,558 in 2022 to £14,838 in 2023, a reduction of approximately 24%, indicating some erosion of equity base.
• Shareholders' funds remain positive but decreased, reflecting reduced retained earnings (profit and loss reserves fell from £18,558 to £13,838).
• Fixed assets are minimal (£504) and largely depreciated office equipment, indicating low capital intensity but limited tangible collateral value.
• Current liabilities significantly decreased from £8,643 to £1,960, improving the short-term solvency position.
  Overall, the balance sheet shows a small but positive net asset position with cautious signs of weakening financial strength.

3. Cash Flow Assessment:

• Cash at bank dropped sharply from £20,029 to £5,326, indicating a significant reduction in readily available liquidity.
• Debtors increased modestly from £7,500 to £10,968, which may suggest slower collections or increased sales on credit terms.
• Net current assets remain positive at £14,334, supported by low current liabilities; however, the cash reduction could pressure day-to-day operational liquidity.
• No bank borrowings or overdrafts are disclosed, implying limited external debt and financial risk.
  The company’s liquidity appears adequate at present, but the sharp cash decline warrants monitoring to ensure ongoing ability to meet short-term obligations.

4. Monitoring Points:

• Cash flow from operations: verify ongoing positive operational cash generation to sustain liquidity.
• Receivables ageing: watch for any overdue debtor balances that could impair cash collections.
• Profitability trends: absence of profit and loss details requires attention to future filings for signs of sustainable earnings.
• Director changes and governance: monitor any significant management changes that could affect strategic direction and risk profile.
• Filing compliance: maintain up-to-date accounts and confirmation statements to avoid regulatory risks.