DOHERTY DOG SERVICES LIMITED

Executive Summary

Doherty Dog Services Limited is a start-up with a modest asset base and a slight working capital deficiency, reflecting typical early-stage financial constraints. The company is active, compliant with filings, and has equal control by two directors. Credit facilities may be approved conditionally, emphasizing close liquidity monitoring and performance review to mitigate risk.

DOHERTY DOG SERVICES LIMITED - Analysis Report

Company Number: 15075688

Analysis Date: 2025-07-20 15:07 UTC

1. Credit Opinion: CONDITIONAL APPROVAL
   Doherty Dog Services Limited is a recently incorporated private limited company (incorporated August 2023) operating in the "Other service activities not elsewhere classified" sector. Given its short trading history (just over one year), limited financial data is available. The company shows a small net current liability position (-£182) and modest fixed assets (£4,000 net book value). The shareholder funds stand at £3,818, indicating initial capital injection and some retained earnings. The directors appear to have control and influence with equal shareholdings. While the company is currently active and compliant with filing requirements, the negative working capital and limited operational track record suggest some risk. Credit should be extended with conditions, including monitoring of cash flow and timely receipt of updated financial performance data.

2. Financial Strength:
   The balance sheet shows total fixed assets of £4,000 (plant and machinery) with depreciation accounted for. Current assets are low (£5,481), predominantly cash (£5,286), and debtors are minimal (£195). Current liabilities are £5,663, leading to a slight net current liability of £182. The shareholders’ funds of £3,818 reflect initial equity funding and some retained earnings. The overall financial position is thin but not alarming for a start-up. There is no long-term debt reported, which limits financial leverage risk. The modest asset base and small equity position mean the company has limited buffer against unexpected financial stress.

3. Cash Flow Assessment:
   Cash at bank of £5,286 is nearly equivalent to current liabilities of £5,663, indicating tight liquidity. The small negative net current assets suggest working capital is constrained, which could create pressure on meeting short-term obligations if cash inflows slow or expenses increase. The absence of detailed income statement or cash flow statement data limits deeper analysis, but the founders should maintain strict control of cash management. The current cash position provides a short-term buffer, but cash flow forecasting and early warning indicators should be closely monitored.

4. Monitoring Points:

• Quarterly cash flow and bank balance updates to detect liquidity issues early.
• Growth in turnover and profitability to improve net current assets and build equity.
• Reduction in current liabilities or increase in current assets to strengthen working capital.
• Management of debtors and creditors cycles to optimize cash conversion.
• Continued compliance with filing deadlines and any changes in director appointments or company status.
• Any new debt facilities or credit lines and their terms.