CMJ PERFORMANCE LIMITED

Executive Summary

CMJ Performance Limited is a newly formed micro-entity with modest working capital and a clean initial balance sheet. While current liquidity appears adequate to service short-term obligations, the lack of trading history and minimal net assets call for conditional credit approval with close monitoring. Continued financial performance and compliance will be critical to reassess creditworthiness in the near term.

CMJ PERFORMANCE LIMITED - Analysis Report

Company Number: 15627670

Analysis Date: 2025-07-20 18:28 UTC

1. Credit Opinion:
   CONDITIONAL APPROVAL. CMJ Performance Limited is a newly incorporated micro-entity engaged in maintenance and repair of motor vehicles. The company shows a positive net current asset position but minimal absolute net assets (£963). Limited trading history and small scale restrict conclusive assessment of repayment capacity. Approval is recommended subject to ongoing monitoring of trading performance, cash flow, and timely filing compliance.

2. Financial Strength:
   The balance sheet as of 30 April 2025 shows current assets of £3,040 against current liabilities of £2,077, resulting in net current assets of £963 and net assets of the same amount. Shareholders' funds are entirely equity-based, reflecting initial capital injection rather than accumulated earnings. The company has no fixed assets and minimal working capital, consistent with a start-up micro business.

3. Cash Flow Assessment:
   Current assets (likely cash and receivables) exceed current liabilities, indicating a positive short-term liquidity position. The absence of detailed profit and loss data limits cash flow analysis, but the small scale and single employee suggest low overhead and manageable working capital requirements. Close attention should be paid to actual cash generation as trading progresses.

4. Monitoring Points:

• Timely submission of annual accounts and confirmation statements to maintain regulatory compliance.
• Evolution of net current assets and liquidity metrics as trading matures.
• Profitability and cash flow trends in forthcoming financial periods.
• Changes in director appointments and control structure, especially given the recent director resignation.
• Any increase in liabilities or credit exposure that could stress short-term liquidity.