Company Number: 15128141

Analysis Date: 2025-07-20 12:34 UTC

1. Credit Opinion: APPROVE with caution. EASY ACCESS MEDICALS LIMITED is a newly incorporated private limited company operating in general medical practice, with minimal financial history but presenting a positive net asset position and net current assets. The business shows initial capitalization and liquidity adequate for its size and sector. However, given its very recent incorporation (September 2023) and limited trading history, credit exposure should be moderate with close monitoring until a longer trading track record is established.

2. Financial Strength: The balance sheet as of 30 September 2024 reveals total net assets of £9,905, consisting mainly of £22,135 in cash and £1,600 in tangible fixed assets, offset by current liabilities of £13,830. Shareholders’ funds comprise a small share capital of £100 and retained profits of £9,805, indicating early profitability or initial capital contributions. The company classifies as a micro entity, with only 2 employees on average, which aligns with low overheads and limited operational scale.

3. Cash Flow Assessment: The company holds £22,135 in cash against current liabilities of £13,830, resulting in positive net current assets of £8,305. This suggests sufficient short-term liquidity and working capital to meet immediate obligations. However, absence of detailed profit and loss data limits confirmation of operational cash flow generation. The small working capital buffer is acceptable for a newly started medical practice but warrants ongoing monitoring.

4. Monitoring Points:

   • Trading performance and cash flow generation over the next 12 months to ensure sustainability.
   • Changes in current liabilities and liquidity position to detect any cash flow strain.
   • Any increase in debt or credit facilities that may affect leverage.
   • Director and ownership stability, noting that Dr Yaser Jafar holds full control and is also the practicing medical doctor.
   • Filing of annual accounts and confirmation statements on time to maintain transparency and compliance.