Company Number: 12394009

Analysis Date: 2025-07-20 12:33 UTC

1. Credit Opinion: CONDITIONAL APPROVAL
   Deal Delivery Ltd demonstrates ongoing operational status and compliance with filing deadlines, which is positive. However, the company’s financial position shows a decline in net assets and working capital in the latest year, with net current assets turning negative (£65,553 current assets vs. £29,488 current liabilities in 2024). The presence of creditors due after one year (£26,347) also adds to long-term obligations. Given these signs of tightening liquidity and reduced equity, credit approval should be conditional, requiring monitoring of cash flow and debt servicing capacity before extending or increasing credit limits.

2. Financial Strength:
   The company’s balance sheet shows a micro-entity profile with relatively low fixed assets (£5,133 in 2024) and a reduction in shareholders’ funds from £32,573 in 2023 to £14,851 in 2024. Current assets halved compared to the prior year, and current liabilities dropped but remain significant relative to assets. The company also carries long-term creditors (£26,347), which impacts net asset value. Overall, the financial strength is moderate but trending weaker, indicating limited buffer against financial stress.

3. Cash Flow Assessment:
   Cash balances are not explicitly stated for 2024 but given current assets decreased substantially, and current liabilities remain material, liquidity appears constrained. The company’s negative net working capital in 2024 suggests potential difficulties meeting short-term obligations without additional cash inflows or financing. The absence of employees may imply low operating expenses, but the company should be assessed for cash conversion cycles and creditor terms to ensure viability.

4. Monitoring Points:

• Track quarterly cash flow and liquidity metrics to ensure sufficient working capital.
• Monitor changes in creditors, especially amounts due after one year, to assess leverage risks.
• Review any changes in operational scale or contracts impacting revenue and cash inflows.
• Watch for any delays or issues in statutory filings as an indicator of financial distress.
• Evaluate director management actions for improving financial position or restructuring debt.