COURSE CORRECTION CONSULTING LTD

Executive Summary

Course Correction Consulting Ltd is a newly formed small consultancy with marginal net assets and a tight liquidity position. While currently compliant with statutory filings, its ability to service credit facilities is uncertain without stronger financial history or cash flow visibility. Conditional credit approval is recommended, subject to further business and cash flow assurances.

COURSE CORRECTION CONSULTING LTD - Analysis Report

Company Number: 14554200

Analysis Date: 2025-07-20 12:23 UTC

1. Credit Opinion: CONDITIONAL APPROVAL
   Course Correction Consulting Ltd is a very young private limited company (incorporated late 2022) with minimal financial history and a very small balance sheet. Although it is currently active and compliant with filing deadlines, the financial data shows a marginal net asset position (£68) and very limited working capital. The company’s ability to service debt is unproven given its size and infancy. Approval for credit should be conditional on further financial information, including cash flow forecasts and confirmation of ongoing contracts or income streams.

2. Financial Strength:
   The company’s balance sheet as of 31 Dec 2023 shows current assets of £14,088 (debtors £10,041, cash £4,047) against current liabilities of £14,020, resulting in net current assets of only £68. Total net assets and shareholders’ funds stand at £68, reflecting a very small equity base. The company has no fixed assets and operates with a single employee/director. This minimal financial base indicates low financial resilience and limited buffer against adverse events.

3. Cash Flow Assessment:
   Cash at bank is low at £4,047, and trade debtors are £10,041, almost equalling current liabilities (£14,020). The tight working capital position suggests limited liquidity to manage short-term obligations beyond the accounting date. Without a clear statement of cash inflows or contractual revenue visibility, the company’s cash flow stability is uncertain. Monitoring debtor collection efficiency and cash generation will be critical.

4. Monitoring Points:

• Track timely collection of trade debtors to avoid cash flow strain.
• Monitor subsequent filings for improvement in net assets and liquidity.
• Review turnover and profit figures in next accounts to assess operational viability.
• Confirm ongoing business activity and contracts given company’s recent formation.
• Assess director’s financial management and any external funding or guarantees.