Company Number: 13307021

Analysis Date: 2025-07-29 19:01 UTC

1. Credit Opinion: APPROVE
   CJB TRADING GROUP LTD demonstrates a solid financial foundation with positive net assets and improving working capital. The company operates in a low-risk retail sector (online sales) with stable ownership and no signs of financial distress or overdue filings. The absence of audit requirements and micro-entity accounting framework is consistent with its size and does not raise immediate concerns. Given the strong net current assets and equity growth, the company appears capable of servicing typical credit facilities.

2. Financial Strength:
   The balance sheet shows steady improvement over the last three years. Net assets increased from £109k in 2021 to £248k in 2024. Current assets rose from £144k to £323k, while current liabilities increased modestly from £37k to £105k. The company’s net current assets (working capital) improved from £107k to £218k. Fixed assets are minimal but stable, in line with a micro business model. The increase in creditors due after one year from £15k to £24k is noted but remains manageable relative to equity. Overall, the company’s financial position is healthy with a strong equity base and no signs of over-leverage.

3. Cash Flow Assessment:
   Working capital is healthy and improving, indicating sufficient liquidity to meet short-term obligations. The company’s current ratio (current assets/current liabilities) is approximately 3.1x (2024), which is strong for a micro business. The increase in current liabilities is supported by a commensurate increase in current assets, primarily cash or receivables. The company employs only one staff member, indicating relatively low fixed overheads and better cash flow control. No audit was required, so detailed cash flow statements are unavailable, but the balance sheet suggests good liquidity and operational cash flow management.

4. Monitoring Points:

• Monitor growth in creditors falling due after more than one year to ensure long-term liabilities remain manageable.
• Review profitability and cash flow trends when profit and loss data becomes available, as current data focuses mainly on balance sheet.
• Watch for any significant changes in ownership or director appointments that could affect governance.
• Keep track of any overdue filings or changes in company status that could signal operational issues.