Company Number: 14832596

Analysis Date: 2025-07-29 20:08 UTC

1. Credit Opinion: CONDITIONAL APPROVAL
   CALM CRAFT LTD is a newly incorporated micro entity with modest financials and a single controlling director. The company shows positive net assets and net current assets, indicating some initial working capital buffer. However, the absence of historical profit and loss data, minimal fixed assets, and zero employees limit the ability to fully assess ongoing operational performance and cash generation. Credit approval is conditional on monitoring trading progress and receipt of future financial statements demonstrating revenue growth and cash flow stability.

2. Financial Strength:
   The balance sheet as of 30 April 2024 shows total net assets of £2,955 and net current assets of £2,201, driven by current assets of £7,000 against current liabilities of £4,799. Fixed assets are minimal at £754, indicating limited capital investment so far. Shareholders’ funds equal net assets, reflecting no external debt. The company’s financial position is stable but very modest, typical for a micro entity in early stages. The capital structure is equity-based with no gearing concerns.

3. Cash Flow Assessment:
   Current assets largely consist of cash or equivalents (exact composition not specified), supporting short-term liquidity. The positive net current assets indicate adequate working capital to cover short-term liabilities. However, no P&L or cash flow statements are available to assess operating cash flow generation or profitability trends. The company’s ability to meet debt servicing will depend on successful trading progress and cash inflows from operating activities.

4. Monitoring Points:

• Future annual accounts for profit & loss performance and cash flow details
• Changes in current liabilities and working capital management
• Growth in fixed assets and investment reflecting business expansion
• Director conduct and any changes in ownership or management structure
• Compliance with filing deadlines and credit facility covenant adherence