Company Number: 13228724

Analysis Date: 2025-07-29 19:13 UTC

1. Credit Opinion: CONDITIONAL APPROVAL
   FairwayCoachingConsultancy Ltd is a micro-entity with a modest asset base and low turnover implied by its size. The latest accounts show a recovery from working capital deficits in prior years to a positive net current asset position (£1,680) and improved net assets (£2,248). However, net assets remain low, and the business has a single director also acting as the principal shareholder. Given the small scale and concentration of control, credit exposure should be limited and monitored, but current financials indicate capability to service modest credit facilities. Approval would be conditional on maintaining positive liquidity and observing no material adverse changes.

2. Financial Strength:
   The balance sheet is thin but improving. Fixed assets decreased slightly from £2,197 to £1,648, while current assets doubled from £7,157 to £14,229, reflecting stronger short-term resources. Current liabilities increased to £12,549 but were outpaced by current assets, resulting in positive net current assets of £1,680 versus a prior year's deficit. Shareholders’ funds increased from £142 to £2,248, indicating retained earnings and some capital build-up. The company remains small with minimal share capital (£2) and limited equity buffer, but the trend is positive.

3. Cash Flow Assessment:
   Liquidity appears adequate with current assets exceeding current liabilities. Working capital improved significantly, suggesting better cash conversion or receivables management. No audit was performed, so some caution is warranted regarding the completeness of disclosures. The company’s reliance on a single employee/director means payroll and overheads are low, preserving cash flow. However, absence of detailed cash flow statements limits full assessment.

4. Monitoring Points:

• Continued improvement or maintenance of positive net current assets and net assets.
• Timely filing of accounts and confirmation statements to ensure compliance and transparency.
• Revenue and profitability trends to confirm sustainability of cash flow improvements.
• Any changes in director or ownership structure given concentration of control.
• Monitoring of liabilities to avoid buildup of short-term debt beyond current asset coverage.