Company Number: 13437424

Analysis Date: 2025-07-29 13:46 UTC

1. Credit Opinion: CONDITIONAL APPROVAL
   BOSMERE LIMITED is a micro-entity engaged in management of real estate on a fee or contract basis. The company is active and has filed accounts on time with no overdue returns. While the company shows positive net assets and working capital, the declining asset base and current assets over the last three years warrants cautious credit consideration. Approval is conditional on ongoing monitoring of liquidity and operational cash flow as the company’s net assets have nearly halved from £11,274 in 2023 to £4,992 in 2025.

2. Financial Strength:
   The balance sheet shows the company has no fixed assets, indicating minimal capital investment or asset backing. Shareholders’ funds have decreased from £11,274 in 2023 to £4,992 in 2025. Net current assets have declined from £11,273 to £4,991 over the same period, reflecting a weakening short-term financial position. Total liabilities are low and only short-term, which is positive. Overall, the financial strength is modest, with limited asset base and shrinking equity, suggesting limited buffer to absorb financial shocks.

3. Cash Flow Assessment:
   Current assets (mainly cash or equivalents and receivables) have reduced significantly from £12,945 in 2023 to £6,499 in 2025, while current liabilities have remained relatively stable. This indicates a reduction in liquidity and working capital, which could impact the company’s ability to cover short-term obligations if the trend continues. The absence of employees suggests low overhead costs, which may help preserve cash flow. However, careful scrutiny of operational cash inflows and outflows is advised before extending credit.

4. Monitoring Points:

• Liquidity levels: Watch current assets relative to current liabilities to ensure working capital remains positive.
• Profitability and cash generation: Monitor future accounts for signs of improved cash flow or profit retention to rebuild equity.
• Client contract stability: Since business is fee-based real estate management, client retention and payment terms are critical.
• Director conduct and credit history: No adverse records found but ongoing monitoring recommended.
• Timely filing of accounts and returns to maintain compliance and transparency.