CHARLIE GURR ENGINEERING LIMITED

Executive Summary

Charlie Gurr Engineering Limited is a recently established micro-entity with a sound initial balance sheet and positive working capital. The company is managed by the sole director who also holds full ownership, indicating clear control and accountability. Given the current financial position and compliance status, credit approval is recommended with routine monitoring of trading performance and cash flow as the business develops.

CHARLIE GURR ENGINEERING LIMITED - Analysis Report

Company Number: 14836911

Analysis Date: 2025-07-29 15:06 UTC

1. Credit Opinion: APPROVE
   Charlie Gurr Engineering Limited is a newly incorporated micro-entity with modest net assets (£8,825) and positive net current assets (£8,834). The company has no overdue filings and is under the control of a single director and sole shareholder with relevant industry experience. Although trading history is limited, current liquidity and balance sheet position indicate the company can meet short-term obligations. Credit facilities can be approved with standard monitoring due to the small scale and early stage of the business.

2. Financial Strength:
   The balance sheet shows a healthy working capital position for a start-up micro company, with current assets (£24,544) exceeding current liabilities (£15,710). Net assets equal £8,825, reflecting the initial equity injection. There are no long-term liabilities, and the company operates with a single employee (the director). The absence of significant debt limits financial risk, but the small asset base means the company is vulnerable to unexpected cash flow shocks.

3. Cash Flow Assessment:
   With current assets primarily consisting of cash and receivables, and current liabilities at a manageable level, liquidity appears adequate to cover short-term debts. The positive net working capital suggests the company can fund its immediate operational needs without external financing. However, lack of historical profit and loss data limits full assessment of operating cash flow sustainability. Monitoring early trading performance will be key.

4. Monitoring Points:

• Timely filing of the next accounts and confirmation statement to ensure regulatory compliance.
• Cash flow trends and debtor aging in upcoming periods to confirm ongoing liquidity.
• Profitability and turnover growth to validate business viability and capacity to service any increased credit lines.
• Any changes in director or ownership structure that may affect governance or credit risk profile.