FLIGHT PATH PRODUCTIONS LTD

Executive Summary

Flight Path Productions Ltd is a very small, micro-entity company with minimal financial activity and no current liabilities. While the balance sheet shows positive net assets and liquidity, the absence of turnover and operating cash flow limits its ability to service meaningful credit. Approval is recommended only for low-limit facilities with ongoing monitoring of business activity and cash flow development.

FLIGHT PATH PRODUCTIONS LTD - Analysis Report

Company Number: 13557272

Analysis Date: 2025-07-19 12:41 UTC

1. Credit Opinion: APPROVE with caution
   Flight Path Productions Ltd is a micro-entity with limited financial activity and minimal assets. The company shows no liabilities and positive net assets of £768 as of August 2024. However, turnover is negligible or zero in recent years, indicating little or no trading income, which limits confidence in ongoing cash generation. The sole director and 100% owner is actively managing the company, showing stable governance. Given the minimal financial scale and absence of current liabilities, the credit risk is low in terms of exposure, but the company’s ability to service any meaningful debt or credit facility is limited due to lack of income. Approval is suitable for small, low-limit facilities or supplier credit with monitoring.

2. Financial Strength:
   The balance sheet is very modest, showing fixed assets of £335 and current assets of £433, all presumably cash or equivalents, with no current or long-term liabilities. Net assets equal shareholders’ funds at £768. There is no evidence of debt or leverage. The micro-entity status limits disclosure but the reported figures suggest a financially stable but very small operation with minimal working capital requirements.

3. Cash Flow Assessment:
   Current assets exceed current liabilities by £433, indicating a positive working capital position and immediate liquidity. However, turnover has been zero for the last two years, suggesting no operating cash inflows. The company likely depends on shareholder funding or other external finance for operations. Without trading cash flow, the ability to repay loans or meet ongoing obligations depends on external injections or asset sales, which are minimal.

4. Monitoring Points:

• Turnover and profitability development: watch if the company begins generating trading income to support debt servicing.
• Cash reserves and liquidity: monitor cash position closely given minimal assets and no recent operating cash flow.
• Director activity and governance: maintain oversight of director’s engagement and any changes in ownership/control.
• Filing compliance: accounts and confirmation statements are up to date; continue to ensure timely filings.