EXIT THROUGH THE CATFLAP LIMITED

Executive Summary

EXIT THROUGH THE CATFLAP LIMITED demonstrates early signs of financial stability with improving net assets and positive working capital. While the company maintains compliance and shows growth potential in a niche industry, its small scale and limited financial detail require cautious credit exposure with close cash flow monitoring. Continued oversight of operational results and liquidity is recommended before increasing credit limits.

EXIT THROUGH THE CATFLAP LIMITED - Analysis Report

Company Number: 13516878

Analysis Date: 2025-07-29 13:33 UTC

1. Credit Opinion: APPROVE with caution. EXIT THROUGH THE CATFLAP LIMITED, a micro-entity engaged in motion picture production, shows early-stage financial development with positive net assets and net current assets as of July 2024. The company has maintained timely filings and is active with no adverse statuses. However, as a young company (incorporated 2021) with modest asset base and limited financial disclosures (no P&L included), credit lines should be structured conservatively with monitoring of cash flow and profitability development before any significant exposure.

2. Financial Strength: The company’s balance sheet as of 31 July 2024 shows current assets of £40,775 against current liabilities of £28,620, yielding net current assets of £12,155 and net assets/shareholders' funds of the same amount. This represents a significant improvement from prior years where net assets were minimal (£3 in 2023). The increase in working capital indicates some growth and improved liquidity. Fixed assets are not reported, which is typical for a micro-entity, implying limited tangible collateral. Overall, the financial position is stable but modest in scale.

3. Cash Flow Assessment: Current asset composition is not detailed but likely includes cash and receivables given the nature of the business. The positive net current assets position (£12,155) suggests the company can cover short-term liabilities. Employment of 3 staff including directors suggests operational activities have commenced with ongoing expenses. However, absence of profit and loss data and audit means cash generation and sustainability cannot be fully assessed. Working capital is positive but low, indicating limited buffer for unexpected cash demands.

4. Monitoring Points:

• Cash flow trends and profitability development in future filings.
• Timely submission of next accounts and confirmation statements.
• Any changes in directors or control that may impact governance.
• Expansion of asset base or acquisition of fixed assets.
• Debtor aging and creditor payment terms to assess liquidity cycle.
• Market and industry conditions affecting motion picture production revenue.