CLOUDY WINDOW FIXER LTD

Executive Summary

Cloudy Window Fixer Ltd shows improving financial strength with a positive working capital position and growing net assets. The company appears capable of servicing credit facilities appropriate to its micro-entity size and sector. Continued monitoring of financial filings and operational performance is recommended to maintain a prudent credit stance.

CLOUDY WINDOW FIXER LTD - Analysis Report

Company Number: 13455988

Analysis Date: 2025-07-20 17:59 UTC

1. Credit Opinion: APPROVE

Cloudy Window Fixer Ltd demonstrates adequate financial stability for its size and sector. The company has shown growth in net assets and working capital over the last two years, indicating improving financial health. The absence of overdue filings and continued active trading status further support creditworthiness. Given it is a micro-entity with limited complexity and a single director controlling the business, the risk is moderate but manageable for typical SME credit facilities.

2. Financial Strength:

The balance sheet as of 31 May 2024 shows net assets of £26,212, up from £11,922 in 2022, reflecting retained earnings and capital growth. Fixed assets have decreased slightly from £17,598 to £13,198, possibly due to asset disposals or depreciation, but this is not alarming for a service business. Current assets increased significantly to £51,646, while current liabilities rose moderately to £32,066, resulting in a strong positive net current asset position of £19,580. The company carries some longer-term liabilities (£6,566), but these have reduced from the prior year. Overall, the balance sheet indicates a solid equity base and modest gearing.

3. Cash Flow Assessment:

The substantial increase in current assets, primarily cash or receivables, combined with a positive working capital position, suggests good short-term liquidity and ability to meet obligations as they fall due. The company employs three staff, indicating a small but established operation. The director’s ongoing involvement and sector experience (glazier) add confidence in operational continuity. While profit and loss data are not disclosed, the growth in shareholders’ funds implies profitability or at least retention of earnings. Therefore, cash flow appears sufficient for moderate credit exposure.

4. Monitoring Points:

• Monitor future filing deadlines to ensure continued compliance.
• Watch for any significant changes in current liabilities or long-term debt levels that may affect solvency.
• Track turnover and profitability trends once full accounts with P&L are available to assess operational performance.
• Observe any changes in director or ownership structure that might affect governance or control.
• Stay alert to sector risks such as local market demand for glazing services and supplier cost pressures.