Company Number: 13937316

Analysis Date: 2025-07-29 20:53 UTC

1. Credit Opinion: CONDITIONAL APPROVAL
   C AND C CAMPBELL LIMITED is a recently incorporated private limited company (2022) operating in the plumbing, heating, and air-conditioning installation sector. The company’s financials show modest but consistent growth in net assets and working capital. Directors have maintained timely statutory filings with no overdue accounts or returns. However, as a young business with limited trading history and relatively small scale, credit approval should be conditional pending ongoing trading performance and cash flow stability.

2. Financial Strength:

• Net assets have increased from £19,461 (2023) to £21,050 (2024), indicating a stable equity base.
• Current assets are £43,526, up from £37,002, with debtors increasing notably (£36,312 vs £27,148), suggesting some sales on credit.
• Current liabilities rose slightly to £28,323 from £25,035, but net current assets remain positive at £15,203, showing adequate short-term liquidity.
• Fixed tangible assets have decreased slightly, reflecting depreciation, but remain low relative to current assets, consistent with service-based operations.
• The company has no bank loans outstanding at year end, improving financial flexibility.
• Shareholder funds are modest but positive and increasing, reflecting retained earnings.

3. Cash Flow Assessment:

• Cash at bank is relatively low (£4,964) compared to current liabilities, which may constrain liquidity under stress.
• A significant portion of current assets is in debtors (£36,312), implying dependency on timely collections to maintain liquidity.
• The company’s working capital position is positive but narrow, so cash flow monitoring is important to avoid short-term funding gaps.
• Interest-free director loans totaling approximately £30,755 indicate some internal funding support, but reliance on director advances is a risk factor if external financing is required.

4. Monitoring Points:

• Accounts receivable aging to ensure prompt collections and avoid cash flow bottlenecks.
• Continued maintenance of positive net current assets and cash balances.
• Monitoring dividends paid (£31,500 in 2024) versus retained profits to ensure reserves are not depleted.
• Any new debt facilities or changes in credit terms with suppliers.
• Trading performance and growth in turnover to strengthen financial base.
• Director involvement and any changes in management or control, noting that Mr. Craig Rob Campbell holds full control.