Company Number: 15398719

Analysis Date: 2025-07-29 14:56 UTC

1. Credit Opinion: APPROVE
   Cow and Hare Consulting Ltd is a newly incorporated micro-entity operating in management consultancy and HR services. Despite its early stage, the company shows a positive net asset position (£72,569) and strong working capital (£83,943). The director, Clare Hammond, owns 100% of shares and voting rights, indicating clear control and accountability. No adverse filings or overdue obligations are noted. Based on current financials and governance, the company appears capable of meeting short-term obligations; therefore, credit facilities may be approved with routine monitoring.

2. Financial Strength:
   The balance sheet reflects a healthy financial position for a micro-entity with total current assets of £111,362 against current liabilities of £27,419, resulting in net current assets of £83,943. The company holds net assets of £72,569, all represented as shareholders' funds, indicating no external debt. The absence of long-term liabilities suggests low financial leverage, which reduces risk. However, the company is in early trading stages, so financial history is limited.

3. Cash Flow Assessment:
   Current assets, likely including cash and receivables, exceed current liabilities by a comfortable margin, signaling adequate liquidity to cover short-term obligations. The working capital position is strong relative to size, reducing refinancing risk. Accruals and deferred income of £11,374 indicate some liabilities not yet due. With only one employee and micro-entity scale, cash burn is expected to be low. No cash flow statements are available, but the balance sheet suggests no immediate liquidity concerns.

4. Monitoring Points:

• Track revenue growth and profitability as the company matures to ensure ongoing cash generation and debt servicing capability.
• Monitor working capital trends and receivables aging to detect any emerging liquidity pressures.
• Watch for changes in director or ownership structure that could affect governance or risk profile.
• Confirm timely filing of future accounts and confirmation statements to maintain compliance and transparency.