CONTROLTECHPRO ENGINEERING LTD

Executive Summary

Controltechpro Engineering Ltd is a micro-entity in its first year showing a positive working capital and net asset position, supported by a single director-owner. While initial financials demonstrate liquidity and no overdue compliance, limited operational history suggests credit approval should be conditional on ongoing monitoring of profitability, cash flow, and business growth. Early signs are cautiously positive but require validation through future financial performance.

CONTROLTECHPRO ENGINEERING LTD - Analysis Report

Company Number: 15435141

Analysis Date: 2025-07-20 17:25 UTC

1. Credit Opinion: CONDITIONAL APPROVAL
   Controltechpro Engineering Ltd is a newly incorporated micro-entity with limited financial history. The company shows positive net current assets (£10,938) and no overdue filings, indicating initial sound financial discipline. However, absence of profit and loss data and limited scale (single employee) restricts full credit confidence. Approval is recommended with conditions including monitoring for consistent cash flow generation and business development as the company matures.

2. Financial Strength:
   The balance sheet as at 31 January 2025 shows total net assets of £10,938, all comprised of net current assets. The company holds current assets of £21,550 against current liabilities of £10,612, resulting in a positive working capital position. No fixed assets or long-term liabilities are reported. The micro-entity status limits financial disclosure but the clean balance sheet with shareholder funds fully supporting liabilities is a positive indicator of financial soundness at this early stage.

3. Cash Flow Assessment:
   Current assets primarily represent cash or equivalents and/or receivables. Positive net current assets indicate the company has liquidity to meet short-term obligations. However, the small scale and lack of detailed cash flow statements require cautious outlook. Monitoring incoming cash flows from operations and the ability to manage payables within short terms will be critical to assess ongoing liquidity.

4. Monitoring Points:

• Profit and loss performance on subsequent accounts to confirm revenue generation and expense control.
• Cash flow statements to verify operational cash generation and liquidity trends.
• Changes in current liabilities levels, especially if increasing relative to current assets.
• Director’s ongoing involvement and any changes in ownership or governance structure.
• Any new financing or credit facilities taken and their servicing record.