Company Number: 13134228

Analysis Date: 2025-07-19 11:55 UTC

1. Credit Opinion: APPROVE with low risk.
   Douglas Cowper Ltd is a micro private limited company with a short trading history since 2021. The latest financials show positive net current assets and net assets (£7,811), improving from prior years. There are no overdue filings or signs of financial distress. The director appears stable and no adverse conduct is noted. While the scale is small, the company demonstrates prudent financial management with modest capital and positive working capital, supporting its ability to meet short-term obligations.

2. Financial Strength:
   The company’s balance sheet shows a steady increase in net assets from £100 at incorporation to £7,811 in the latest year. Current assets rose significantly to £19,607, while current liabilities are manageable at £11,796. The positive net current assets indicate a sound liquidity position within the micro entity category. Shareholders’ funds mirror net assets, reflecting no unusual leverage or external debt. The small share capital (£100) is typical for a micro enterprise.

3. Cash Flow Assessment:
   Working capital is positive at £7,811, showing the company holds sufficient short-term assets to cover liabilities. Current liabilities are relatively low, and the increase in current assets suggests improved cash or receivables. The absence of any overdrafts or creditor pressures in the accounts supports an adequate liquidity profile. However, detailed cash flow statements are not provided, so ongoing monitoring of cash generation and receivables turnover is recommended.

4. Monitoring Points:

• Maintain positive working capital and monitor any changes in creditor days or debtor collection.
• Watch for any significant increase in liabilities or drop in cash balances.
• Confirm timely filing of accounts and confirmation statements to avoid compliance risk.
• Monitor business expansion plans that may increase financial leverage or require external funding.