CACKETTE PROJECTS LIMITED

Executive Summary

Cackette Projects Limited exhibits a robust financial position with strong liquidity, growing net assets, and low liabilities, supporting a positive credit profile. The company’s internal financing via director loans is manageable, and governance appears sound with experienced directors holding controlling interests. Continued monitoring of cash flow metrics and operational performance is recommended to maintain creditworthiness.

CACKETTE PROJECTS LIMITED - Analysis Report

Company Number: SC684402

Analysis Date: 2025-07-29 19:38 UTC

1. Credit Opinion: APPROVE
   Cackette Projects Limited demonstrates a strong and improving financial position as a micro-entity operating in management consultancy. The company shows steady growth in net assets and working capital with no indication of financial distress. Directors have significant equity stakes and seem to maintain good control with transparent governance. The absence of employees other than directors suggests low operational risk and controlled overheads. The director loan reported is interest-free and repayable on demand, posing minimal risk. Overall, the company appears capable of servicing debt and fulfilling commercial obligations.

2. Financial Strength:
   The balance sheet reflects healthy financial strength with net assets increasing from £10,509 in 2020 to £98,986 in 2024. Fixed assets are minimal (£693 in 2024), appropriate for a consultancy business, while current assets, primarily cash and receivables, have grown significantly to £103,883. Current liabilities remain low (£5,587), resulting in a robust net current asset position of £100,196. Shareholders’ funds closely mirror net assets, indicating no hidden liabilities. The company’s capital base is modest (£100 share capital) but well supported by retained earnings.

3. Cash Flow Assessment:
   Liquidity is strong as evidenced by current assets well exceeding current liabilities, ensuring comfortable coverage of short-term obligations. Net current assets have improved year-on-year, showing effective working capital management. The director loan balance of £21,665 does not impair liquidity since it is interest-free and repayable on demand, effectively acting as an internal financing facility. No external borrowings were reported, suggesting low financial leverage and limited refinancing risk.

4. Monitoring Points:

• Maintain oversight of director loan balances to ensure they remain manageable and do not mask underlying cash flow issues.
• Monitor turnover and profitability trends in future accounts filings to confirm continued growth and ability to generate operational cash flows.
• Watch for any changes in current liabilities that could indicate emerging trade payables or accruals pressures.
• Track compliance with filing deadlines to avoid penalties or regulatory concerns.
• Given the small size and micro-entity reporting, remain alert to any expansion plans that might increase risk exposure.