Company Number: 13884727

Analysis Date: 2025-07-29 20:41 UTC

1. Credit Opinion: APPROVE
   EPIC ROOFING LTD demonstrates a positive net asset position with consistent growth over the last two reported periods, indicating sound financial stewardship by the sole director. The company operates within the micro-entity threshold, with manageable liabilities and a growing working capital position. There are no indications of financial distress, overdue filings, or director misconduct. Given its active status and the director’s direct control, the company appears capable of servicing modest credit facilities.

2. Financial Strength:
   The balance sheet shows an increase in net assets from £7,448 in 2023 to £9,651 in 2024, reflecting a strengthening equity base. Fixed assets are minimal (£2,867), typical for a service-oriented trade such as roofing, with current assets growing significantly to £16,530. Current liabilities increased to £8,906, but net current assets remain positive at £7,624, supporting operational liquidity. The company’s capital structure is wholly equity-funded with no long-term debt reported, indicating financial prudence but limited leverage.

3. Cash Flow Assessment:
   Current assets comfortably exceed current liabilities, resulting in positive working capital and implying good short-term liquidity. The growth in current assets, likely cash or receivables, suggests improved cash flow management or increased business activity. No detailed cash flow statement is available, but the net current asset position and absence of overdue payables suggest the company can meet near-term obligations.

4. Monitoring Points:

• Monitor growth in current liabilities relative to current assets to ensure working capital remains positive.
• Track any changes in the director’s control or ownership structure which could impact governance.
• Review future filings for profit and loss data when available to assess profitability trends.
• Observe any significant increase in debt levels that could affect leverage and risk profile.