Company Number: 15162718

Analysis Date: 2025-07-20 16:27 UTC

1. Credit Opinion: CONDITIONAL APPROVAL
   BODYNOUS LIMITED is a newly incorporated private limited company (since September 2023) with a small financial footprint. The company shows a positive net asset position (£578) and net current assets (£578) as of the latest accounts dated 30 September 2024. However, the scale of operations is minimal, employing only one person and holding modest cash balances (£5,116) against current liabilities (£4,538). The company is active and compliant with filing requirements, with no overdue accounts or returns. The director holds full control, suggesting clear governance but limited diversification in management. Given the limited financial history and small size, credit should be extended cautiously with conditions such as regular financial updates and limits aligned to working capital needs.

2. Financial Strength:
   The balance sheet indicates a very small equity base, with shareholders’ funds of £578 driven primarily by retained earnings (£577). Fixed assets are not reported, implying minimal capital investment to date. The company’s working capital is positive (£578), but the margin is thin, reflecting limited buffer to absorb financial shocks. The company’s liabilities are short term and modest, primarily comprising taxation and other creditors. The financial position is stable for a start-up but lacks scale and robustness for larger credit facilities.

3. Cash Flow Assessment:
   Cash at bank is £5,116, sufficient to cover current liabilities of £4,538, supporting short-term liquidity. The company’s ability to generate cash flows beyond this initial period is unproven, and there are no indications of external financing or credit lines. Working capital management appears adequate but tight. Monitoring future cash flow statements and turnover trends will be critical to ensure ongoing liquidity and debt servicing capability.

4. Monitoring Points:

• Regular review of cash flow forecasts and actual cash balances to confirm liquidity sustainability.
• Monitoring turnover growth and profitability improvements to build financial resilience.
• Watch for timely filing of next accounts and confirmation statements to maintain compliance.
• Oversight of director conduct and any changes in ownership or management structure.
• Assessment of creditor payment terms and potential build-up of liabilities beyond current levels.