Company Number: 14616063

Analysis Date: 2025-07-20 11:42 UTC

1. Credit Opinion: CONDITIONAL APPROVAL
   DCRR ENGINEERING LTD is a recently incorporated micro private limited company operating in the general cleaning of buildings sector. With only one year of financial data and limited scale, the credit risk is moderate. The company shows positive net assets and shareholder funds, but net current liabilities indicate tight short-term liquidity. Approval can be considered with conditions such as monitoring liquidity closely and requesting updated financials before extending larger credit facilities.

2. Financial Strength:
   The balance sheet shows fixed assets of £26,287 and total net assets of £10,705 at the year-end. However, current liabilities exceed current assets, resulting in a net current liability position of £799, which signals working capital pressure. The presence of £13,033 creditors due after more than one year suggests some longer-term obligations that should be clarified. Overall, the financial structure is typical for a start-up micro business but remains fragile.

3. Cash Flow Assessment:
   The company’s working capital is negative, indicating potential cash flow constraints. Current assets of £8,107 versus current liabilities of £8,906 plus accruals/deferred income show limited liquidity cushion. The business will need to manage cash inflows carefully to meet short-term obligations. No profit and loss data is filed, so profitability and operational cash flow are unknown, increasing uncertainty over debt servicing ability.

4. Monitoring Points:

• Liquidity metrics, particularly current ratio and net working capital
• Timely filing of next accounts and confirmation statements
• Any changes in director or ownership structure
• Profitability and cash flow trends once P&L data becomes available
• Payment history on trade creditors and any bank facilities