Company Number: 12831447

Analysis Date: 2025-07-20 11:32 UTC

1. Credit Opinion: CONDITIONAL APPROVAL
   CIM CARAVAN STORAGE CYF operates in the warehousing and storage sector with a stable micro-entity profile. The company shows adequate net current assets and positive shareholders’ funds. However, there is a slight decline in total net assets and fixed assets from 2023 to 2024, and no employees are currently reported, which might indicate operational downsizing or reliance on subcontractors. The company should be monitored for cash flow sufficiency and business continuity, but credit facilities can be conditionally approved given no adverse director conduct and timely filings.

2. Financial Strength:
   The company’s balance sheet reflects modest but positive financial strength for a micro-entity. As at 31 October 2024, fixed assets stood at £25,190, down from £33,587 in the prior period, suggesting some asset disposals or depreciation outpacing reinvestment. Current assets increased to £78,214 from £62,161, improving liquidity. Current liabilities rose significantly from £30,007 to £49,923, reducing net current assets from £32,154 to £28,291. Shareholders’ funds declined from £65,741 to £53,481, reflecting some drawdown of reserves or losses. Overall, the company maintains positive equity but with a slight weakening trend.

3. Cash Flow Assessment:
   Current assets exceed current liabilities by £28,291, indicating positive working capital and an ability to meet short-term obligations. The increase in current liabilities warrants attention to ensure these are not due to overdue payables or short-term borrowing pressures. The absence of employees may reduce operating expenses but could also impact revenue generation capacity. No cash flow statement is provided, so liquidity projections depend on monitoring receivables, payables, and cash balances closely.

4. Monitoring Points:

• Track any further changes in current liabilities and their nature (trade creditors, short-term loans).
• Monitor cash flow statements and bank balances to ensure ongoing liquidity.
• Review director reports or filings for operational changes, especially the zero employee count.
• Watch for asset reinvestment or disposals impacting fixed asset base.
• Confirm ongoing business activity and customer base stability in the warehousing sector.