Company Number: 13243284

Analysis Date: 2025-07-20 12:48 UTC

1. Credit Opinion: APPROVE
   D&S WINDOWS LTD demonstrates a solid financial position with positive net assets and consistent working capital improvements. The company is micro-sized with stable operations in the glazing and construction installation sector, showing no signs of distress or overdue filings. The director has maintained compliance, and there are no red flags such as director disqualifications or liquidity concerns. Credit risk is low given their current asset base comfortably exceeds short-term liabilities.

2. Financial Strength:
   The balance sheet reflects healthy net assets of £29,546 as of 31 March 2025, up slightly from £29,133 the prior year. Fixed assets are modest (£8,513), appropriate for a micro entity, while current assets have decreased from £27,485 to £24,227 but remain strong relative to current liabilities (£3,194). Shareholders’ funds have increased steadily since incorporation, evidencing retained earnings or paid-in capital growth. The company’s financial trajectory over the past three years shows growth in net assets and working capital, indicating improving financial resilience.

3. Cash Flow Assessment:
   Current assets significantly exceed current liabilities, yielding net current assets of £21,033, a strong liquidity position for a small business. This implies the company has adequate working capital to meet short-term obligations and potentially service debt. The low average employee count (1) suggests operational expenses are limited, which supports cash flow stability. No evidence of overdue payables or cash flow stress is apparent from the data.

4. Monitoring Points:

• Watch the trend of declining fixed assets and current assets to ensure they do not signal reduced operational capacity or sales downturn.
• Monitor debtor and creditor days (not available here) to detect any emerging liquidity bottlenecks.
• Confirm that future accounts and confirmation statements remain timely to avoid compliance risk.
• Keep an eye on sector-specific risks in glazing and construction installation, particularly any supply chain or economic headwinds impacting small contractors.
• Review any changes in director status or PSC information that could affect governance or control.