Company Number: 13031648

Analysis Date: 2025-07-20 13:11 UTC

1. Credit Opinion: APPROVE with caution. DMCRUZ LIMITED is a micro-entity with a very small scale of operations as evidenced by low asset values and modest net assets. However, the company has steadily increased its net assets from £7,681 in 2022 to £12,391 in 2023, indicating positive financial progression. The company is active and compliant with filing deadlines, which suggests sound management governance. Given the limited scale and absence of debt, risk is low but so is financial robustness.

2. Financial Strength: The balance sheet shows a micro-sized company with total net assets of £12,391 as of the latest accounts. The company has no long-term liabilities reported and net current assets equal current assets (£12,390), indicating no short-term indebtedness. Fixed assets are negligible (£0 in 2023), consistent with a service-oriented or support business. Share capital is minimal (£1), which is typical for micro private companies. Overall, the financial base is small but stable with positive equity and no evident leverage.

3. Cash Flow Assessment: Current assets increased significantly from £7,680 to £12,390, and current liabilities appear to be zero or negligible, resulting in net current assets equal to current assets. This suggests the company is maintaining adequate liquidity to meet short-term obligations. The absence of reported current liabilities means working capital is positive and sufficient. However, the low absolute values imply limited cash buffers and a tight operating scale, which could be vulnerable to sudden cash flow shocks.

4. Monitoring Points:

• Monitor growth in turnover and profitability to ensure the company can maintain positive cash flows.
• Watch for any increase in current liabilities that could strain liquidity.
• Observe any material changes in fixed assets or capital structure that may indicate business expansion or increased risk.
• Keep track of compliance with filing deadlines to avoid regulatory penalties.
• Management quality appears adequate but limited financial history warrants ongoing monitoring for early signs of distress.