Company Number: 14721300

Analysis Date: 2025-07-20 14:48 UTC

1. Credit Opinion: APPROVE with conditions. FIRE TIGER EVENTS LTD is a newly incorporated small private limited company operating in the licensed restaurant sector. The latest accounts show a positive net asset position and working capital, indicating initial financial stability. However, as a start-up with no employee base and limited trading history, the credit risk is moderate. Lending should be conditional on regular monitoring of cash flow, turnover growth, and timely filing of future accounts and returns.

2. Financial Strength: The company reports net assets of £42,069 as at 31 March 2024, with current assets of £57,771 against current liabilities of £10,887, yielding net current assets (working capital) of £46,884. There are non-current liabilities of £4,815, leaving total net assets positive. The balance sheet is modest but balanced, with no significant fixed assets yet, consistent with a start-up phase. The £100 called-up share capital is minimal but typical for new private companies. The financial strength is adequate but not robust, relying on future profitability and cash generation.

3. Cash Flow Assessment: The company holds £48,011 in cash at bank, which is a strong liquidity position relative to current liabilities of £10,887. Debtors stand at £9,760, which suggests some receivables turnover but these are small amounts. There are no employees currently, which may limit fixed overheads. The positive net current assets and cash buffer indicate the company can meet short-term obligations comfortably at present. However, ongoing cash flow management is critical given the early stage of business and liabilities falling due after one year of £4,815.

4. Monitoring Points:

• Turnover and revenue growth trends to assess operational scaling.
• Timely filing of next accounts and confirmation statements to ensure compliance.
• Cash flow forecasts and liquidity position, particularly if the company takes on additional debt.
• Any increases in liabilities, especially long-term creditors.
• Management of receivables and payables to maintain working capital.
• Market conditions in the licensed restaurant sector affecting profitability.
• Director oversight and financial stewardship given single shareholder/director structure.