CHRISSLING PROPERTIES LTD

Executive Summary

Chrissling Properties Ltd shows a strong financial position with growing equity and healthy liquidity, supported by effective management. The company is creditworthy for lending with minimal risk, though ongoing monitoring of profitability and market conditions is advisable. Overall, it presents a low-risk profile suitable for commercial credit facilities.

CHRISSLING PROPERTIES LTD - Analysis Report

Company Number: SC670930

Analysis Date: 2025-07-20 16:07 UTC

1. Credit Opinion: APPROVE
   Chrisling Properties Ltd demonstrates a stable and improving financial position with consistent working capital surplus and positive equity growth. The company’s liquidity is strong, and the directors have sound control with no adverse conduct records. Although relatively young, the firm’s recent profit after a prior loss shows recovery and effective management, supporting creditworthiness for lending or commercial credit facilities.

2. Financial Strength:
   The balance sheet reflects solid financial health for a micro-sized private limited company. Shareholders’ funds have nearly doubled from £16,817 in 2023 to £31,439 in 2024, driven by a profit of £14,622 in the latest year. The company carries no long-term debt and maintains a positive net current assets position of £31,439, indicating a strong equity base and absence of leverage. Fixed assets are not disclosed, consistent with the nature of a property management business focusing on service rather than asset ownership.

3. Cash Flow Assessment:
   Cash and equivalents increased substantially from £23,199 to £38,134 year-on-year, suggesting good cash generation and management of receivables and payables. Debtors remain stable at about £5,785, well covered by cash reserves. Current liabilities are modest (£12,480) and comfortably covered by current assets. The company’s working capital management appears effective, with a net current asset ratio of nearly 2.5x, indicating strong liquidity to meet short-term obligations.

4. Monitoring Points:

• Maintain profitability trend and monitor fluctuations in profit and loss reserves.
• Watch debtor days and cash conversion cycles to ensure ongoing liquidity.
• Track any changes in director control or ownership that might affect governance.
• Monitor industry sector risks, particularly the real estate market in Edinburgh, for any downturns impacting revenue streams.
• Ensure timely submission of future filings to maintain regulatory compliance.