ENOW CARE LIMITED

Executive Summary

ENOW CARE LIMITED is a start-up micro-entity with modest initial equity and limited operational history. The company shows a small negative working capital position, warranting close liquidity monitoring. Conditional credit approval is recommended, contingent on improved cash flow management and operational progress.

ENOW CARE LIMITED - Analysis Report

Company Number: 15300596

Analysis Date: 2025-07-29 15:54 UTC

1. Credit Opinion: CONDITIONAL APPROVAL
   ENOW CARE LIMITED is a newly incorporated micro-entity operating in the residential care sector. The company’s balance sheet shows positive net assets (£3,642) indicating initial equity funding. However, current liabilities slightly exceed current assets resulting in a net current liabilities position of £957, which suggests some short-term liquidity pressure. Given the company’s infancy and limited operational history, credit approval is conditional on continued monitoring of cash flows and timely settlement of short-term obligations. The director’s background as a nurse offers relevant industry experience, but financial track record is limited.

2. Financial Strength:
   The company holds modest fixed assets (£4,599) and current assets (£4,736) primarily reflecting initial investments and working capital. Total net assets of £3,642 represent shareholders’ funds injected by the sole shareholder/director. Current liabilities at £5,693 exceed current assets by £957, indicating a negative working capital position that needs management attention. The balance sheet suggests a start-up stage with limited financial buffer but no evident over-leveraging.

3. Cash Flow Assessment:
   With current liabilities exceeding current assets, the company may face short-term liquidity constraints unless additional cash inflows or working capital injections occur. The single employee structure limits payroll obligations initially, which helps preserve cash. The absence of historical cash flow data means cash management should be closely monitored, particularly as the company scales operations.

4. Monitoring Points:

• Track monthly working capital trends to ensure current liabilities do not grow disproportionately.
• Monitor cash receipts from operations or related party funding to cover short-term obligations.
• Review director’s management of payables and receivables cycles.
• Watch for timely filing of accounts and confirmation statements to assess ongoing compliance and operational status.
• Assess operational progress and profitability as business activities develop.