FIDET LIMITED

Executive Summary

FIDET LIMITED is financially stable with growing net assets and no debt, reflecting sound management and low credit risk. Its positive working capital and consistent compliance support an approval for credit facilities, though monitoring liquidity closely is advisable due to the company’s small scale. Overall, the company shows a solid foundation for modest lending with no current concerns.

FIDET LIMITED - Analysis Report

Company Number: 12730694

Analysis Date: 2025-07-20 18:35 UTC

1. Credit Opinion: APPROVE
   FIDET LIMITED demonstrates a stable and modestly improving financial position over the last four years. The company is micro-sized, with no current liabilities, positive net current assets, and growing net assets, indicating sound financial stewardship. The absence of debt and a clean current liability profile reduces credit risk. The directors have consistently filed accounts on time, showing good compliance and management discipline. Given the company’s niche in property management and real estate development, and the positive balance sheet trajectory, it is creditworthy for modest lending or commercial credit facilities without additional stringent conditions.

2. Financial Strength:
   The company’s net assets have increased steadily from £6,410 in 2020 to £13,930 in 2024, reflecting asset growth primarily in fixed assets, which rose from £5,300 to £12,140. Current assets remain low but sufficient relative to zero current liabilities, resulting in positive net current assets each year. Shareholders’ funds match net assets, indicating no external debt. The micro-entity’s balance sheet is simple but shows a solid equity base and no liquidity or solvency concerns.

3. Cash Flow Assessment:
   With current assets exceeding current liabilities and no short-term borrowings, the company maintains positive working capital, albeit at a low absolute level (£1,690 in 2024). The cash and receivables appear adequate to cover immediate obligations, and lack of creditors suggests minimal short-term financial pressure. However, the small scale of current assets means cash flow is tight and would benefit from monitoring if business expands or if credit terms are extended.

4. Monitoring Points:

• Maintain vigilance on working capital levels relative to any planned business growth or capital expenditure.
• Monitor fixed asset investments to ensure they translate into revenue-generating projects or returns.
• Track any changes in PSC or director appointments that might affect governance or control.
• Keep an eye on payment patterns from and to customers and suppliers to avoid liquidity bottlenecks.
• Confirm the company continues timely filing of accounts and statutory returns.