D&B GROUP CARPENTRY LTD

Executive Summary

D&B Group Carpentry Ltd is a micro-entity with a positive net asset and working capital position, showing initial financial stability and solvency. Its limited trading history and small scale warrant cautious credit exposure, but current financials support the ability to meet short-term obligations. Continued monitoring of trading results and liquidity is advised to ensure sustained creditworthiness.

D&B GROUP CARPENTRY LTD - Analysis Report

Company Number: 13754584

Analysis Date: 2025-07-29 20:52 UTC

1. Credit Opinion: APPROVE with caution. D&B Group Carpentry Ltd is a very young micro-entity company incorporated in late 2021, operating in domestic construction. The latest filed accounts show a small but positive net asset position of £29,821 and positive working capital, indicating some financial cushion. The company has no fixed assets and a single employee (presumably the director), which suggests a lean operation with low overhead. The director has relevant industry experience as a carpenter. While the company’s scale is limited, current financials indicate the ability to meet short-term obligations. However, limited trading history and small size suggest credit exposure should be modest and monitored closely.

2. Financial Strength: The balance sheet at 30 Nov 2023 reports current assets of £35,512 against current liabilities of £5,691, yielding net current assets of £29,821. There are no fixed assets recorded. Shareholders’ funds equal net assets at £29,821, showing the company is solvent with positive equity. Compared to the prior year, the company improved from a £1 net asset position to nearly £30k, indicating initial growth or capital injection. The absence of fixed assets points to minimal capital expenditure, consistent with a service-focused carpentry business.

3. Cash Flow Assessment: The positive net current assets position implies adequate short-term liquidity. Current liabilities are modest and likely manageable given current assets. The company’s micro status and single employee suggest limited working capital requirements. While detailed cash flow statements are not provided, the positive net current assets and net assets, combined with no overdue filings or signs of distress, indicate sufficient operational cash flow to service debts and working capital needs at this stage.

4. Monitoring Points:

• Track next year’s trading performance and profitability to ensure continued positive cash flows.
• Monitor any increase in liabilities that may strain liquidity, especially if business scales up.
• Watch for timely filing of accounts and returns to maintain compliance and transparency.
• Review any capital expenditure or changes in fixed assets that may affect cash flow.
• Evaluate management’s ability to grow the business and maintain financial controls as scale increases.