Company Number: 13509196

Analysis Date: 2025-07-29 15:06 UTC

1. Credit Opinion: APPROVE
   DAPSOL LIMITED presents a stable financial position with consistent growth in net assets over the last three years. The company is a micro-entity with limited fixed and current assets but maintains positive net current assets and equity, indicating it can meet short-term liabilities. The sole director and majority shareholder appears to maintain good control, and there are no adverse indicators such as overdue filings or insolvency proceedings.

2. Financial Strength:
   The company’s net assets increased from £1,060 in 2021 to £32,532 in 2024, reflecting a strong capital base growth for a micro-entity. Fixed assets increased notably in 2024, suggesting some investment in the business. Current assets remain sufficient to cover current liabilities, and there are no reported borrowings or significant liabilities, indicating a clean balance sheet and low financial risk.

3. Cash Flow Assessment:
   Current assets as of 2024 stand at £21,036 with no current liabilities recorded, resulting in strong net current assets and good liquidity. Although there are no employees, which limits overhead costs, the company’s working capital position supports ongoing operations and suggests the business can service any modest credit facilities applied for.

4. Monitoring Points:

• Monitor any future increases in liabilities or borrowings that could impact liquidity.
• Watch for changes in current assets or net working capital that could signal cash flow stress.
• Review director’s trading performance and any changes in ownership/control that might affect governance.
• Confirm continued timely filing of accounts and statutory returns to avoid compliance risk.