CR HOVE DR LIMITED

Executive Summary

CR HOVE DR LIMITED is a micro-entity with a modest positive net asset position and current asset coverage over liabilities. Despite limited operating history and small scale, the company benefits from strong parent control but requires close monitoring given its minimal financial depth. Credit approval is recommended with conditions and ongoing review to mitigate risk.

CR HOVE DR LIMITED - Analysis Report

Company Number: 14070657

Analysis Date: 2025-07-29 17:00 UTC

1. Credit Opinion: CONDITIONAL APPROVAL
   CR HOVE DR LIMITED is a very recently incorporated micro-entity operating in financial management. The company shows a positive net current asset position (£31k) and positive net assets (£30k), indicating a basic buffer above liabilities. However, the financial scale is very small with no fixed assets and no employees, and current liabilities are substantial relative to current assets. The company is 100% controlled by Capitalrise Finance Ltd, suggesting strong backing, but limited operating history and minimal financial depth warrant caution. Credit could be extended with conditions such as ongoing monitoring and possibly requiring guarantees or security until a longer trading record is established.

2. Financial Strength:
   The balance sheet reveals no long-term assets and a small net asset base of £29,929. Current assets (£909k) slightly exceed current liabilities (£878k), providing a modest working capital surplus (£31k). The company has no employees, reflecting possible outsourcing or passive activity. The shareholder funds equal net assets, indicating no external debt beyond current liabilities. Overall, the financial base is minimal but not weak for a micro-entity; however, it lacks resilience to withstand financial shocks or downturns.

3. Cash Flow Assessment:
   Current assets are largely unitemized but likely include cash or receivables. The close matching of current assets and liabilities suggests limited liquidity cushion. No information on cash flow from operations is available, and the absence of fixed assets and employees indicates low overheads. The company’s ability to meet short-term obligations depends heavily on the timing of cash inflows from its financial management activities or capital injections from the parent company. Working capital management will be critical to avoid liquidity strain.

4. Monitoring Points:

• Track subsequent annual accounts to confirm growth in net assets and profitability.
• Monitor any material changes in current liabilities that could strain liquidity.
• Review director conduct and any changes in ownership or control that might impact governance.
• Keep watch on payment performance and any overdue filings or compliance issues.
• Assess the company's operational development and if employees or fixed assets are added, indicating scaling.