Company Number: 14784879

Analysis Date: 2025-07-20 12:53 UTC

1. Credit Opinion: APPROVE
   Double Slice Limited is a newly incorporated micro-entity that has presented a clean balance sheet with positive net assets and net current assets. The company shows no overdue filings and has a sole director and 100% shareholder with direct control, indicating clear governance. The company’s micro size and limited operational history constrain a deeper credit risk assessment, but the current financial position reflects sound initial capitalization and no visible liabilities that would impair repayment ability.

2. Financial Strength:
   The balance sheet as of 30 April 2024 shows total net assets of £38,435, comprising £1,038 in fixed assets and £56,488 in current assets against £19,174 in current liabilities. The positive net current assets of £37,397 reflect adequate working capital. The company holds no long-term borrowings or contingent liabilities, which supports a conservative financial structure typical for an early-stage business.

3. Cash Flow Assessment:
   With current assets (mainly cash and receivables) significantly exceeding current liabilities, Double Slice Limited demonstrates sufficient short-term liquidity to meet its obligations. The working capital position suggests operational cash flow is positive or manageable, although detailed income and cash flow statements are not available for a full cash flow cycle analysis.

4. Monitoring Points:

• Track revenue growth and profit generation as the company matures beyond its start-up phase.
• Monitor any changes to director or shareholder control that could affect governance.
• Watch for any increases in liabilities or borrowing that may stress liquidity.
• Ensure timely filing of future accounts and confirmation statements to avoid compliance risk.
• Review operational performance and working capital management in subsequent accounts.