Company Number: 12468584

Analysis Date: 2025-07-19 12:57 UTC

1. Credit Opinion: APPROVE
   Deecon Consulting Limited demonstrates strong financial improvement and robust working capital, indicating good ability to service debt. The company’s net assets have increased substantially year-on-year, showing positive growth and sound financial stewardship by management. No overdue filings or operational concerns exist, supporting creditworthiness.

2. Financial Strength:
   The company’s balance sheet shows a marked strengthening over recent years. Net assets grew from £60.5k in 2023 to £292.8k in 2024, mainly driven by a significant increase in current assets (from £168.3k to £449.9k) and controlled current liabilities. Fixed assets increased slightly but remain modest, consistent with a micro-entity service business. The low level of long-term liabilities (£26.8k) supports a healthy net asset position.

3. Cash Flow Assessment:
   Net current assets (working capital) increased from £55.1k to £268.8k, indicating strong liquidity and capacity to cover short-term obligations comfortably. The company employs one staff member, implying a lean cost base. The growth in current assets suggests improved cash or receivables balance, enhancing cash flow stability.

4. Monitoring Points:

• Maintain oversight on receivables and cash balances to ensure working capital remains strong.
• Monitor any increase in long-term liabilities which could affect solvency.
• Track revenue growth and profitability as micro-entity accounts do not disclose P&L details.
• Observe director and PSC changes or any regulatory filings delays.