DS LASERS LIMITED

Executive Summary

DS LASERS LIMITED, a newly established micro-entity in specialist medical practice, demonstrates a stable but very modest financial position with positive net current assets and no external debt. The company is creditworthy for limited exposure given its start-up status but requires ongoing monitoring of cash flow, compliance, and business growth to ensure repayment capability. Approval is recommended on a conditional basis with prudent credit limits.

DS LASERS LIMITED - Analysis Report

Company Number: 14527988

Analysis Date: 2025-07-29 12:55 UTC

1. Credit Opinion: APPROVE with conditions. DS LASERS LIMITED is a very recently incorporated micro-entity operating in a specialist medical practice sector. The company presents positive net current assets and shareholders’ funds, indicating initial capital adequacy. However, limited operating history and very modest asset base mean credit exposure should be modest and closely monitored. Approval is conditional on continued compliance with timely filings and evidence of cash flow generation as business operations grow.

2. Financial Strength: The balance sheet as of 31 December 2023 shows current assets of £3,146 and current liabilities of £836, resulting in net current assets of £2,310. Total net assets equal shareholders’ funds of £2,310, reflecting the initial equity injection. The absence of long-term liabilities or fixed assets is consistent with a start-up micro-entity. Overall, the financial position is stable but very small scale with limited tangible asset backing.

3. Cash Flow Assessment: Current assets are primarily likely to be cash or receivables given the nature and size of the business. Net working capital is positive, indicating no immediate liquidity pressure. The company has 2 average employees, suggesting modest payroll obligations. However, the micro scale and infancy stage means cash flow projections should be carefully reviewed before extending significant credit facilities. There is no indication of external debt financing at this stage.

4. Monitoring Points:

• Continued timely filing of accounts and confirmation statements.
• Evidence of increasing turnover and profitability in subsequent reporting periods.
• Maintenance of positive working capital and liquidity ratios.
• Monitoring any increase in liabilities relative to assets.
• Track management’s adherence to regulatory and financial reporting compliance.
• Assess any changes in directors or ownership structure that may affect governance.