Company Number: 13776928

Analysis Date: 2025-07-20 15:09 UTC

1. Credit Opinion: APPROVE

EA Project Services Ltd demonstrates adequate financial stability for its size and sector. Although it is a micro-entity with limited financial disclosure, the company shows a positive net asset position and net current assets growth over two years. The business is active, with no overdue filings or signs of financial distress. The director holds full control and appears engaged, supporting sound management oversight. Given the company's stable working capital, no adverse credit events, and sector-specific considerations, extending credit is reasonable with normal monitoring.

2. Financial Strength:

The company’s balance sheet as of 31 December 2023 shows current assets of £34,995 against current liabilities of £16,718, yielding net current assets of £18,277. This is a significant improvement from the prior year’s net current assets of £7,155. Shareholders’ funds increased correspondingly from £7,155 to £18,277, indicating retained earnings growth or capital injections. There are no fixed assets or long-term liabilities disclosed, consistent with micro-entity reporting. Overall, the financial position appears solvent and improving, with a liquidity buffer to cover short-term obligations.

3. Cash Flow Assessment:

The company maintains a positive working capital position, doubling net current assets year-on-year. This suggests effective management of receivables, payables, and cash. No information on profitability or cash flow statements is provided, but the increase in net assets and working capital implies operational cash generation or capital support. The company employs two persons, consistent with micro-entity scale. Liquidity appears sufficient for current credit needs, but absence of detailed cash flow data warrants cautious interpretation.

4. Monitoring Points:

• Continue monitoring net current assets trends to ensure liquidity remains positive.
• Watch for timely filing of accounts and confirmation statements to avoid compliance risks.
• Track any changes in director or ownership that might affect governance.
• Review future financial statements for profitability and cash flow disclosures.
• Observe sector conditions for quantity surveying services which may be sensitive to economic cycles.