DEVAKIVED LTD

Executive Summary

DEVAKIVED LTD demonstrates stable financial health with positive net current assets and sufficient liquidity to cover short-term liabilities. The company is newly established but managed by a professionally qualified director and operates in low-capital consultancy sectors, supporting its ability to service credit. Continued monitoring of liquidity and compliance filings is advised to maintain creditworthiness.

DEVAKIVED LTD - Analysis Report

Company Number: 13270195

Analysis Date: 2025-07-29 14:16 UTC

1. Credit Opinion: APPROVE
   DEVAKIVED LTD is a small private limited company with a solid balance sheet and positive net current assets. Despite modest scale and limited operational history since incorporation in 2021, the company shows stable financial footing with no overdue filings and no signs of distress. The single director’s professional background as a solicitor suggests competent management. The company operates in consultancy and legal-related activities, which generally have low capital intensity and support consistent cash flows. Overall, the risk of default appears low and the company should be able to meet typical short-term credit obligations.

2. Financial Strength:
   The company’s net assets stand at £3,672 as of 31 March 2024, slightly down from £4,031 the previous year. Shareholders’ funds entirely consist of retained earnings with minimal share capital (£1), reflecting a small equity base. Current liabilities are low (£1,540) against cash balances (£5,212), yielding positive net current assets (£3,672). The balance sheet is conservative with no long-term debt or fixed asset investments reported, indicating low leverage and limited financial risk. However, the small equity buffer means the company has limited capacity for large financial shocks.

3. Cash Flow Assessment:
   Cash at bank decreased slightly from £6,052 to £5,212 year-on-year, but remains adequate relative to current liabilities. Net current assets remain positive, suggesting sufficient liquidity to meet short-term obligations. The company has maintained a steady cash position, consistent with its low operating scale and single-employee structure. There is no indication of cash flow stress or reliance on external financing. Working capital management appears effective given the company’s consultancy focus.

4. Monitoring Points:

• Track forthcoming annual accounts and confirmation statement filings to ensure ongoing compliance.
• Monitor net current asset trends and cash balances, especially as the company grows or takes on new credit facilities.
• Observe any changes in director or ownership structure that could impact governance.
• Watch for any material changes in liabilities or introduction of debt that may affect leverage and repayment capacity.
• Review client concentration and revenue diversification to assess business resilience.