Company Number: 15112577

Analysis Date: 2025-07-29 19:12 UTC

1. Credit Opinion: APPROVE
   FAYE K FACE LTD is a newly incorporated micro-entity operating in the hairdressing and beauty treatment sector. Despite its very recent establishment (incorporated September 2023), the company shows positive net assets of £5,455 and positive working capital. The director is the sole shareholder with full control and there are no adverse records or overdue filings. Given its micro scale and limited operating history, credit should be extended conservatively, but the company’s clean record and initial net asset position support approval for modest credit facilities.

2. Financial Strength:
   The balance sheet reflects minimal fixed assets (£4,700) and current assets (£5,868) largely likely comprising cash or receivables, with current liabilities at £5,113. This yields net current assets of £755 and overall net assets of £5,455, indicating a sound albeit small capital base. The equity is fully funded by the shareholder. The micro-entity status limits the amount of financial detail available, but the absence of significant liabilities and a positive net asset position are reassuring.

3. Cash Flow Assessment:
   Current assets slightly exceed current liabilities, suggesting sufficient short-term liquidity to cover immediate obligations. The company employs only one person, indicating low operating overhead and presumably limited cash burn. However, as a start-up, cash flow volatility is expected. No detailed cash flow statement is provided, so ongoing monitoring of receivables and payables aging will be critical.

4. Monitoring Points:

• Track revenue and profitability trends once trading data become available to assess growth trajectory and sustainability.
• Monitor working capital dynamics to ensure ongoing liquidity, especially as the company expands.
• Watch for any changes in director or ownership structure that might signal risk.
• Ensure timely filing of future accounts and confirmation statements to maintain compliance and transparency.
• Review any increase in debt levels relative to assets to avoid over-leverage.