Company Number: 14355016

Analysis Date: 2025-07-29 18:13 UTC

1. Credit Opinion: APPROVE
   Dave Baker Lecturing Limited demonstrates solid financial improvement and positive net current assets, indicating capacity to meet short-term obligations. The company is active, with no overdue filings, and directors have relevant professional background. The micro-entity scale limits complexity but shows prudent management and financial stewardship. The credit risk is low given current asset coverage of liabilities and growing equity.

2. Financial Strength:
   The balance sheet shows a marked improvement year-on-year. Current assets increased from £2,657 in 2023 to £38,094 in 2024, while current liabilities rose modestly from £1,984 to £11,588. This results in net current assets of £26,506, a strong liquidity position for a micro-entity. Shareholders’ funds grew correspondingly from £673 to £26,506, reflecting retained earnings or capital injections and a solid equity base. No long-term liabilities are reported, reducing financial risk.

3. Cash Flow Assessment:
   The company’s working capital is healthy, supported by a current ratio well above 1 (approx. 3.3x). This suggests sufficient short-term liquidity to cover creditors without strain. The increase in current assets could indicate improved cash or receivables, enhancing operational cash flow. Absence of director loans or significant creditor concerns further supports confidence in cash flow stability.

4. Monitoring Points:

• Continued growth in current assets and maintenance of positive net current assets to ensure liquidity.
• Profitability trends and cash generation to sustain equity growth beyond micro-entity scale.
• Any changes in director roles or PSC ownership that might impact governance.
• Filing deadlines to remain current, preserving regulatory compliance and creditworthiness.