EVEREST2015 LTD

Executive Summary

EVEREST2015 LTD has demonstrated an improved financial position over the last year, transitioning from net liabilities to modest net assets and positive working capital. The company operates on a micro scale with limited financial buffers and a sole director-owner structure, which poses some risk. Conditional credit approval is recommended with close monitoring of liquidity and timely financial reporting to ensure ongoing creditworthiness.

EVEREST2015 LTD - Analysis Report

Company Number: 14386293

Analysis Date: 2025-07-29 12:18 UTC

1. Credit Opinion: CONDITIONAL APPROVAL
   EVEREST2015 LTD shows improvement in financial position year on year, moving from net liabilities to a positive net asset position as of the latest accounts. However, the company remains very small (micro-entity) with modest current assets and limited working capital. The director is the sole owner and operator, indicating concentrated management risk. Credit approval is possible but should be conditional on ongoing monitoring and limits aligned with the company’s scale and cash generation capability.

2. Financial Strength:
   The balance sheet indicates a turnaround from net liabilities of £1,943 in 2023 to net assets of £1,145 in 2024. Current assets have more than doubled from £3,589 to £8,377, while current liabilities increased moderately from £4,532 to £5,472. Net current assets improved from negative £943 to positive £2,905, reflecting better short-term liquidity. Total net assets remain low, suggesting limited buffer against financial stress. No fixed assets or long-term borrowing are reported, consistent with a micro business model.

3. Cash Flow Assessment:
   Positive net current assets of £2,905 indicate the company currently has sufficient short-term liquidity to meet its immediate liabilities. However, the absolute level of current assets and cash balances is low, which could constrain the company’s ability to cope with unexpected cash flow demands. The absence of employees and modest asset base suggest a very lean operation with limited working capital needs, but also limited cash flow generation capacity. Cash flow forecasts and bank statements should be reviewed before credit extension.

4. Monitoring Points:

• Continued improvement or at least maintenance of positive working capital and net assets.
• Timely filing of accounts and confirmation statements to ensure compliance and transparency.
• Cash flow trends and bank account balances to identify any liquidity stress early.
• Changes in director or ownership structure, as single director/owner concentration poses governance risk.
• Any increase in liabilities or accruals that could strain cash resources.