COSMIN CONSULTING LTD

Executive Summary

Cosmin Consulting Ltd is a micro-entity with a positive net asset and cash position in its first financial year, indicating initial financial stability and liquidity adequacy. The company has limited operating history and scale, so credit approval is conditional on ongoing monitoring of profitability, cash flow, and business growth. Early-stage financials suggest manageable risk but require further data to confirm sustainable repayment capacity.

COSMIN CONSULTING LTD - Analysis Report

Company Number: 15240050

Analysis Date: 2025-07-20 17:48 UTC

1. Credit Opinion: CONDITIONAL APPROVAL
   Cosmin Consulting Ltd is a newly incorporated private limited company (since October 2023) with only its first set of accounts filed for the period ended October 2024. The company shows a modest positive net current asset position (£16,860) and shareholder funds of the same amount, indicating initial capital injection and working capital sufficiency. However, the company’s scale is very small (micro-entity level) with only one employee (the director), and limited operating history. There is no audit, and profit & loss details are not provided, which limits the ability to assess profitability and cash generation fully. The company’s ability to meet debt obligations currently appears adequate given cash balances (£31,967) exceed current liabilities (£17,056), but this is based on early-stage financials. Therefore, credit approval can be considered conditional on monitoring trading performance and further financial data to confirm sustainable cash flows and profitability.

2. Financial Strength:
   The balance sheet reflects a small but positive financial position. Current assets of £33,916 (primarily cash) comfortably cover current liabilities of £17,056, resulting in net current assets of £16,860. Equity equals net assets, reflecting no external debt or long-term liabilities. The company is in the micro category, so limited financial history and scale are expected. The presence of a corporation tax creditor (£13,511) indicates taxable profits or chargeable gains, but no deferred tax or long-term liabilities are reported. Overall, financial strength is modest but stable at this stage.

3. Cash Flow Assessment:
   The company holds a strong cash position (£31,967) relative to short-term liabilities, indicating sufficient liquidity to cover near-term obligations. Debtors are minimal (£1,949), suggesting limited credit exposure. The company’s working capital is positive and adequate for its scale of operations. However, absence of profit and loss data restricts detailed assessment of operating cash flow generation and sustainability. The company’s financial statements highlight a single director and employee, implying low overheads but also limited diversification of income sources. Continued cash flow monitoring is recommended.

4. Monitoring Points:

• Profitability and cash flow trends once full profit and loss data become available.
• Changes in working capital and creditor balances, particularly corporation tax liabilities, to ensure tax obligations are met timely.
• Business growth indicators such as turnover, client diversification, and employee numbers to assess operational scaling.
• Director’s ongoing commitment and financial stewardship given sole control and ownership.
• Timely filing of accounts and confirmation statements to maintain compliance and transparency.