CATALIN LOGISTIC LTD

Executive Summary

CATALIN LOGISTIC LTD has transitioned from a small net liability to a modest positive equity position, backed by director financing. While the balance sheet is stable, the company’s low cash levels and absence of employees limit its immediate liquidity strength. Credit approval is possible with conditions focused on close monitoring of cash flow and operational performance.

CATALIN LOGISTIC LTD - Analysis Report

Company Number: 13132615

Analysis Date: 2025-07-20 13:11 UTC

1. Credit Opinion: APPROVE with conditions

CATALIN LOGISTIC LTD is a recently incorporated private limited company operating in freight transport by road. It shows a turnaround from previous losses to a modest positive net asset position at the latest year-end. The company’s current financials demonstrate positive net current assets and shareholders’ funds, suggesting an ability to meet short-term obligations. However, given the small scale of operations (no employees reported) and minimal cash balances (£1,007), credit approval should be conditional on monitoring liquidity closely and obtaining updated management information to confirm ongoing trading activity and cash flow generation.

2. Financial Strength:

The company’s net assets have improved from a deficit of £94 in 2023 to a positive £1,858 in 2025. Shareholders’ funds mirror this improvement, reflecting retained earnings of £1,758. Current liabilities are low at £851 and include a director loan of £1,263 (treated as a negative liability), indicating internal financing support. The capital structure is minimal with only £100 in share capital, implying limited equity buffer. Overall, the balance sheet is small but stable, with no long-term debt or fixed assets reported. The improvement from a negative net asset base to positive equity is a positive sign but the scale remains limited.

3. Cash Flow Assessment:

Cash on hand is very low at £1,007, which constrains operational flexibility. The company has positive net current assets of £1,858, indicating working capital adequacy, but the absence of employees and minimal cash implies tight liquidity. The director loan may provide an informal credit line but this is not a substitute for operational cash flow. No information on turnover or profit and loss was provided, suggesting limited trading activity or early stage development. Cash flow forecasts or bank statements should be requested before extending credit.

4. Monitoring Points:

• Liquidity: Monitor cash balances monthly to ensure coverage of liabilities and operational costs.
• Profitability: Review turnover and profit trends once available to assess sustainability.
• Director loans: Track related party transactions and repayment plans.
• Filing compliance: Maintain up-to-date accounts and confirmation statements to avoid regulatory risks.
• Business activity: Confirm ongoing trading and customer base development given no employees reported.