Company Number: 14525079

Analysis Date: 2025-07-20 14:11 UTC

1. Credit Opinion: APPROVE with low credit limit and monitoring. ECO BLAST (NE) LTD is a very young micro-entity incorporated in December 2022, with its first full financial year ending December 2023. The company shows positive net assets and net current assets, indicating a basic level of financial stability. However, as a micro company with no employees and limited operating history, the credit exposure should be modest. The director’s full ownership and involvement suggest committed management, but the lack of turnover and profit data limits visibility on cash generation. Credit facilities should be conservative and subject to review as trading performance becomes clearer.

2. Financial Strength: The balance sheet shows fixed assets of £44,099 and net current assets of £9,031, leading to total net assets of £30,255. The company has current liabilities of £28,038 and non-current liabilities (creditors after one year) of £22,875, which implies some long-term obligations. Despite liabilities, the positive net asset position is a good sign for a start-up. Shareholders’ funds match net assets, reflecting no accumulated losses reported. The company’s classification as micro means limited disclosure and simpler financial structure. Overall, the balance sheet is modest but sound for a new company.

3. Cash Flow Assessment: Current assets of £37,069 against current liabilities of £28,038 provide a net current asset buffer of £9,031, suggesting the company can meet short-term obligations currently. However, no turnover, profit, or cash flow figures are disclosed, and zero employees indicate a potentially low level of trading activity or reliance on subcontractors/suppliers. Close attention is needed on operating cash flows going forward, as working capital adequacy may change with business scaling. The presence of long-term creditors may impact liquidity if repayments are due soon.

4. Monitoring Points:

• Turnover and profitability trends in the next accounting period to assess operational viability.
• Cash flow statements and working capital changes to monitor liquidity.
• Changes in liabilities, particularly non-current creditors, to gauge debt servicing ability.
• Timely filing of accounts and confirmation statements to ensure compliance.
• Any changes in director appointments or shareholding which could affect control or governance.