DRYDEN DIGITAL LIMITED

Executive Summary

Dryden Digital Limited, a micro-entity newly incorporated in late 2022, demonstrates solid initial financial footing with good liquidity and net assets relative to its size. The company is well-managed with no overdue filings or debt concerns, supporting an approval for credit at this stage. Continued monitoring of growth and compliance is recommended to confirm ongoing creditworthiness.

DRYDEN DIGITAL LIMITED - Analysis Report

Company Number: 14457094

Analysis Date: 2025-07-29 13:05 UTC

1. Credit Opinion: APPROVE
   Dryden Digital Limited is a newly incorporated micro-entity with a strong net current asset position and positive net assets. The company shows no overdue filings, indicating good compliance and management discipline. Although it has limited financial history due to recent incorporation, the financial data available suggests sufficient liquidity to meet short-term obligations. The sole director holds full control and is a transformation consultant, implying relevant management expertise. Given the absence of negative signals such as debt overhang or director disqualifications, the company is assessed as creditworthy for its size and stage.

2. Financial Strength:
   The balance sheet as of 30 November 2023 shows total fixed assets of £2,973 and current assets of £249,601 against current liabilities of £84,778, resulting in a strong positive net current asset position of £164,823. Total net assets and shareholders’ funds stand at £167,796, reflecting a solid equity base relative to the company’s start-up phase. The micro-entity structure means accounts are simplified, but no contingencies or borrowings are noted, indicating low financial risk.

3. Cash Flow Assessment:
   Current assets primarily consist of cash and receivables, supporting liquidity. The company’s working capital is healthy with net current assets well above current liabilities, which suggests adequate short-term cash flow to cover operational expenses and creditors. There are no apparent loans or overdrafts, and director advances have been fully repaid within the period. The absence of audit exemption does not raise concerns but limits detailed insight into cash flow from operations.

4. Monitoring Points:

• Monitor revenue growth and profitability in subsequent years to ensure sustainable cash flow and debt servicing capacity.
• Watch for any changes in director or ownership structure that could affect governance or control.
• Keep track of timely filing of accounts and confirmation statements to maintain compliance.
• Review any future borrowings or credit facilities to assess leverage and repayment risk.
• Observe macroeconomic impacts on management consultancy and IT software development sectors affecting business volume.