Company Number: 13453714

Analysis Date: 2025-07-20 17:27 UTC

1. Credit Opinion: APPROVE
   Cable Analytics Limited demonstrates a stable micro-entity financial profile with consistent positive net current assets and net assets over the past three years. The company is not overdue on filings, maintains regular compliance, and is led by two directors with significant control, indicating stable governance. The current liabilities remain manageable relative to current assets, supporting short-term liquidity and debt servicing capability. Given its small scale and consistent equity base with no indication of distress or aggressive leverage, the company appears creditworthy for small to moderate credit facilities.

2. Financial Strength:
   The company’s net assets grew moderately from £26,799 in 2021 to £31,722 in 2024, indicating an improving equity base. Total net current assets are positive and increased from £26,799 to £31,722 over the same period, evidencing prudent asset-liability management. The balance sheet shows no fixed assets, which is typical for a micro entity engaged in agency activities, and a low level of current liabilities relative to assets, supporting a sound financial position. Shareholders' funds align with net assets, indicating no hidden liabilities.

3. Cash Flow Assessment:
   Current assets decreased from £78,433 in 2023 to £46,235 in 2024, primarily reflecting a reduction in liquid or receivable assets. However, current liabilities also fell significantly from £50,167 to £14,513, improving net working capital to £31,722. The reduction in liabilities suggests effective debt management or repayment. The company employs an average of two staff, consistent with its micro status, limiting wage-related cash outflows. Overall, liquidity remains adequate to meet short-term obligations.

4. Monitoring Points:

• Monitor fluctuations in current assets and liabilities to ensure liquidity remains sufficient, particularly the recent sharp decrease in current assets.
• Watch for any increase in gearing or external borrowing as the company grows.
• Assess operational cash flow trends as more detailed profit and loss data becomes available.
• Review director conduct and compliance with filing deadlines continuously, although current status is good.