Company Number: SC680100

Analysis Date: 2025-07-29 20:53 UTC

1. Credit Opinion: APPROVE with monitoring conditions.
   DIVIA LTD shows a positive net asset position and improving working capital in the latest financial year, indicating an enhanced ability to meet short-term obligations. However, current liabilities remain relatively high and the company’s micro-entity status suggests limited scale and financial complexity. Given its recent incorporation (2020) and absence of employees, credit exposure should be moderate and monitored closely. The single director appears stable without adverse conduct records.

2. Financial Strength:
   The balance sheet is improving steadily with net assets increasing from negative £722 in 2020 to £218,378 in 2024. Fixed assets have grown substantially and remain stable (~£420k), showing investment in long-term resources. Current assets nearly doubled in 2024 to £194,512, improving liquidity. Total liabilities due after one year remain constant at £217,741, which is manageable given net asset growth. Overall, the company has built a solid equity base and asset backing.

3. Cash Flow Assessment:
   The company turned its net current liabilities of £-71,481 in prior years into a positive net current asset position of £16,592 in 2024, indicating better short-term liquidity and working capital management. Current liabilities are slightly reduced but still notable at £177,920, so cash flow should be monitored to ensure ongoing capability to cover creditor payments. Absence of employees reduces payroll burden, potentially supporting cash preservation.

4. Monitoring Points:

• Continued improvement or stability in net current assets and liquidity ratios.
• Maintenance or reduction of current liabilities to avoid liquidity strain.
• Any increase in debt or fixed assets that may impact gearing and cash flow.
• Business activity levels given no employees reported; assess revenue generation and profit trends from future accounts.
• Timely filing of accounts and confirmation statements to ensure compliance and transparency.