Company Number: 15169534

Analysis Date: 2025-07-20 19:14 UTC

1. Credit Opinion: CONDITIONAL APPROVAL
   CLW SURVEYORS LTD is a newly incorporated micro-entity with limited financial history and modest balance sheet strength. The company shows positive net current assets and shareholders' funds, indicating initial financial stability. However, the absence of profit and loss data and the short trading history limit the ability to fully assess ongoing cash generation capacity and debt servicing ability. Approval is recommended with conditions: monitor future trading performance, timely filing of accounts, and confirmation of cash flow adequacy before extending significant credit facilities.

2. Financial Strength:
   The company’s balance sheet as of 30 September 2024 shows current assets of £44,583 against current liabilities of £24,263, resulting in net current assets (working capital) of £20,320. Shareholders’ funds equal net assets at £20,320, reflecting initial equity injection or retained earnings. The micro-entity status and small employee base (4 staff) align with a lean operation. There are no long-term liabilities reported, which limits financial leverage risk but also indicates limited capitalization and borrowing history.

3. Cash Flow Assessment:
   Current assets primarily represent short-term liquid resources or receivables sufficient to cover current liabilities, indicating a positive liquidity position. However, the lack of profit and loss statements and cash flow statements means cash flow sustainability cannot be fully evaluated. The company’s ability to convert receivables to cash promptly and manage payables will be critical to maintaining liquidity. Given the small scale and recent incorporation, cash flow volatility risk exists.

4. Monitoring Points:

• Timely filing of next accounts and confirmation statements to track financial progression.
• Profit and loss disclosure in future filings to assess profitability trends and operational efficiency.
• Changes in working capital components (debtors, creditors, cash) for liquidity health.
• Director conduct and any changes in management or ownership that might impact governance.
• Contract wins or revenue growth evidence to support credit extension justification.