Company Number: 14061740

Analysis Date: 2025-07-20 19:14 UTC

1. Credit Opinion: APPROVE with reservations F3 Consulting Ltd is a recently incorporated micro private limited company with a single director and shareholder controlling 75-100% of shares. The company shows positive net assets and working capital but has experienced a decline in net assets (£9,447 to £7,897) and net current assets (£7,515 to £5,412) over the last year. While the firm has no overdue filings and appears compliant, the low asset base and increasing current liabilities (from £8,435 to £30,274) suggest a tighter liquidity position. The company’s ability to service debt appears adequate for small-scale credit facilities but warrants monitoring due to limited financial history and small size.

2. Financial Strength:

• Fixed assets are minimal and stable (~£2,500).
• Current assets increased from £15,950 to £35,686, but current liabilities rose disproportionately from £8,435 to £30,274.
• Net current assets remain positive at £5,412, indicating positive working capital but the sharp increase in current liabilities raises concerns.
• Net assets decreased by approximately 16%, from £9,447 to £7,897, reflecting either operating losses or distributions.
• No long-term liabilities as of the latest year-end.

3. Cash Flow Assessment:

• The company holds current assets primarily in cash or receivables sufficient to cover current liabilities with a modest buffer.
• The increase in current liabilities could indicate increased short-term borrowing or trade payables, which requires further inquiry.
• Working capital remains positive, which supports short-term liquidity and operational needs.
• Limited employee count (1) and micro entity status suggest low overheads, reducing cash burn risk.
• No audit required due to micro entity status, so underlying cash flow details are limited.

4. Monitoring Points:

• Monitor the trend in current liabilities to ensure they do not outpace current assets, which could strain liquidity.
• Track profitability and retained earnings through P&L reserves to assess if net asset erosion continues.
• Watch for any changes in director or shareholder structure that could impact management stability.
• Confirm timely filing of future accounts and confirmation statements to maintain compliance.
• Assess any increase in debt facilities or reliance on trade credit that could impact repayment ability.