DMM HAULAGE LTD

Executive Summary

DMM Haulage Ltd is a small, stable micro-entity with improving net assets and positive working capital, indicating sound financial stewardship despite limited scale. The company appears capable of servicing small credit facilities but should be monitored for cash flow consistency and operational growth to mitigate risks associated with its size and single-employee structure.

DMM HAULAGE LTD - Analysis Report

Company Number: 13971402

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

1. Credit Opinion: APPROVE with caution. DMM Haulage Ltd, a micro-entity engaged in freight transport by road, shows modest but positive net assets and working capital. The company’s financials indicate stability with net current assets improving from £3,486 in 2023 to £7,085 in 2024. Limited scale and single-employee operation limit complexity but also constrain growth potential. The director’s full ownership and control suggest clear accountability. Given the absence of overdue filings and maintained positive net assets, the company can be considered creditworthy for small-scale facilities, though monitored closely due to limited financial history and size.

2. Financial Strength: The balance sheet reflects a stable micro-business with net assets of £7,085 as at 31 March 2024, an increase from the previous year. Current assets exceeded current liabilities by £7,085, indicating positive working capital. Fixed assets appear minimal or embedded within current assets, typical for a haulage micro-entity. Shareholders’ funds mirror net assets, showing no external debt. The company’s financial position is modest but sound given the scale and no sign of leveraged risk.

3. Cash Flow Assessment: Current assets, likely including cash and receivables, cover current liabilities comfortably, suggesting manageable liquidity. The company’s working capital improved year-on-year, implying either better cash management or an increase in short-term assets. With only one employee and no reported overdrafts or short-term debt beyond £10,000 creditors, liquidity risk appears low. However, limited scale means cash flow could be vulnerable to operational disruptions.

4. Monitoring Points:

• Continued maintenance or growth of net current assets to support operational liquidity.
• Timely filings of accounts and confirmation statements to avoid regulatory penalties.
• Cash flow consistency given limited scale and single-employee dependency.
• Any increase in liabilities or changes in creditor terms that may affect working capital.
• Operational performance metrics such as contract wins or fleet expansion, if available, to assess growth and resilience.