Company Number: 13624698

Analysis Date: 2025-07-20 13:42 UTC

1. Credit Opinion: APPROVE with monitoring.
   COSMIC ORDER LTD is a micro-entity retail company with positive net assets and a stable balance sheet. The company shows modest but improving net asset growth from £2,665 in 2023 to £3,447 in 2024. Current assets consistently exceed current liabilities, indicating sufficient short-term liquidity to meet obligations. The director holds full ownership and control, providing clear accountability. However, the business is very small with just one employee and limited fixed assets, so credit facilities should be sized accordingly with ongoing monitoring of cash flow and profitability.

2. Financial Strength:
   The balance sheet reflects a healthy net asset position of £3,447 as of September 2024, up from £2,665 the previous year. Net current assets improved to £3,179, driven by a reduction in current liabilities from £7,610 to £4,505 and a slight decrease in current assets. Fixed assets are minimal (£375), appropriate for a small retail operation. No provisions or long-term liabilities are significant. Overall, financial strength is adequate for the micro scale of the business, showing a positive equity base and working capital buffer.

3. Cash Flow Assessment:
   Current assets exceed current liabilities by a comfortable margin, indicating good short-term liquidity. The company employs only one staff member, limiting payroll obligations. Reduction in creditors suggests improved payment practices or lower outstanding debts. However, the drop in current assets from £9,820 to £7,684 warrants attention to ensure cash inflows remain steady. The absence of audit and micro-entity filing implies limited detailed financial data, so cash flow forecasting should be reviewed regularly.

4. Monitoring Points:

• Watch for any material declines in current assets or spikes in liabilities that could strain liquidity.
• Monitor profitability and cash generation given the small scale and limited fixed asset base.
• Review director’s financial commitments as sole owner to assess potential personal risk exposure.
• Track any changes in employee count or operational scale that may impact working capital needs.
• Ensure timely filings continue to avoid compliance risks.