CURR HOLDINGS LTD

Executive Summary

Curr Holdings Ltd exhibits strong financial stability with growing equity and liquidity, supported by prudent management and positive operating cash flows. The company’s capacity to service debt obligations appears sound, with low financial risk and resilience against economic uncertainties. Continued vigilance on turnover trends, liquidity, and supply chain risks is recommended to maintain creditworthiness.

CURR HOLDINGS LTD - Analysis Report

Company Number: NI671692

Analysis Date: 2025-07-20 15:27 UTC

1. Credit Opinion: APPROVE
   Curr Holdings Ltd demonstrates strong financial health and operational resilience. The company has shown steady growth in net assets and cash balances over recent years, supported by a stable turnover in a challenging economic climate. There is no overdue filing or regulatory concern. Directors appear competent with no adverse records, and the group maintains strict credit control and liquidity policies. This positions Curr Holdings Ltd as a low-risk borrower with a solid capacity to service debt.

2. Financial Strength:
   The group’s balance sheet is robust, with net assets increasing from approximately £823k in 2021 to over £2 million in 2024. Fixed assets remain stable at around £1.23 million, indicating consistent investment or holding strategy. Shareholders' funds have grown in line with asset growth, showing retained earnings and equity build-up. The company holds minimal current liabilities (£5.7k in 2024) relative to cash and assets, reflecting a conservative leverage profile.

3. Cash Flow Assessment:
   Cash reserves have significantly increased from £1.7k in 2021 to over £800k in 2024, evidencing strong liquidity and effective cash management. Net current assets improved markedly, supporting working capital needs comfortably. The company finances working capital and investments primarily from internal cash, reducing reliance on external borrowing. This strong liquidity mitigates short-to-medium-term funding risk and supports operational continuity.

4. Monitoring Points:

• Continue monitoring turnover and profit margins amid industry economic pressures to ensure sustained revenue growth.
• Watch for any significant increase in current liabilities or changes in working capital dynamics that might affect liquidity.
• Monitor dividend distributions relative to retained earnings to ensure they do not impair cash reserves.
• Assess ongoing supply chain risks given noted industry concerns, especially commodity price volatility.
• Keep an eye on foreign currency exposure given trading in sterling and euro, ensuring hedging strategies remain effective.