FIDLER CONSULTING SERVICES LIMITED

Executive Summary

Fidler Consulting Services Limited has experienced a marked weakening in financial health over the most recent year, with net assets and working capital falling sharply. Its limited size and equity base constrain its capacity to absorb shocks, raising concerns about its ability to service credit. Based on current financials, credit facilities are not recommended without substantial mitigating factors or guarantees.

FIDLER CONSULTING SERVICES LIMITED - Analysis Report

Company Number: 13040099

Analysis Date: 2025-07-20 12:49 UTC

1. Credit Opinion: DECLINE. Fidler Consulting Services Limited shows a significant and concerning deterioration in financial position in the latest year (2023). Net current assets and net assets have fallen dramatically from £20,680 in 2022 to only £4,283 in 2023, indicating a severe reduction in working capital and equity. Such a steep decline suggests financial stress and raises doubts about the company’s ability to service debt or meet ongoing obligations reliably. The small scale of the business (micro-entity) and limited asset base further constrain creditworthiness. Without evidence of recovery or a clear plan to stabilize finances, extending credit is high risk.

2. Financial Strength: The balance sheet reflects a micro-sized consulting company with minimal fixed assets disclosed (effectively none reported). The net assets have shrunk by nearly 80% in the last reported year, primarily driven by a sharp drop in current assets from £44,542 to £8,965 while current liabilities only declined slightly. This indicates depletion of cash or receivables and poor liquidity management. The equity base is very thin at £4,283, leaving little buffer against adverse events. The company remains a one-person operation with minimal capital invested (£1 share capital), which limits financial resilience.

3. Cash Flow Assessment: Net current assets (working capital) have contracted significantly to £4,283, raising concerns about ongoing liquidity and the ability to meet short-term liabilities (£4,682). The ratio of current assets to current liabilities is now just under 2:1 but with such small absolute values, the margin is fragile. The lack of detailed cash flow statements limits full assessment, but the sharp decline in current assets suggests cash outflows or reduced collections. The company’s survival depends on cautious cash management and timely inflows. Any credit facility should be closely monitored for covenant breaches.

4. Monitoring Points:

• Monthly monitoring of cash and receivables to detect further liquidity erosion.
• Review of debtor ageing to assess collection effectiveness.
• Watch for any late filing or deterioration in creditors’ payment terms.
• Assessment of director’s plans for financial recovery or new business development.
• Confirmation of any contingent liabilities or off-balance sheet exposures.