BOARD INSIGHT LIMITED

Executive Summary

Board Insight Limited has shown a positive turnaround in financial position with modest net assets and improved cash, though it remains a very small entity with limited liquidity. Credit approval is recommended on a conditional basis with restricted exposure and regular monitoring of cash flow and working capital to mitigate risk. The company’s future creditworthiness depends on sustaining profitability and managing short-term liabilities effectively.

BOARD INSIGHT LIMITED - Analysis Report

Company Number: 12573464

Analysis Date: 2025-07-20 12:42 UTC

1. Credit Opinion: CONDITIONAL APPROVAL
   Board Insight Limited demonstrates improving financial stability with positive net current assets and equity in the latest year after prior losses. However, the company remains very small with minimal cash balances (£2,584) and limited tangible net assets (£590 equity). The short operating history and low liquidity require cautious credit exposure, recommending small credit limits or facilities with regular financial monitoring and covenants.

2. Financial Strength:
   The balance sheet shows a turnaround from negative net assets of £-519 in 2023 to positive £590 in 2024, indicating improved profitability or capital injection. Share capital remains nominal at £1, with accumulated retained earnings driving the equity build. Current liabilities increased to £1,994 but remain covered by current assets (cash only), yielding net current assets of £590. The company has no fixed assets and relies on working capital management. Overall, the financial position is fragile but trending positively.

3. Cash Flow Assessment:
   Cash on hand improved significantly from £6 to £2,584, which provides limited but better short-term liquidity. Current liabilities include significant amounts for taxation and social security (£1,555), which may strain cash flow if not managed carefully. The net current asset position is positive but small, indicating tight working capital. The company has only one employee (the director), minimizing payroll outflows. Close attention to cash collections and creditor payments is essential.

4. Monitoring Points:

• Cash balances and liquidity trends in subsequent periods
• Timely payment of taxation and social security liabilities to avoid penalties
• Profitability and retained earnings growth to strengthen equity base
• Any changes in creditor terms or increases in current liabilities
• Company’s ability to maintain compliance with filing deadlines and corporate governance, given small size