FLIWEEL TECH LTD

Executive Summary

FLIWEEL TECH LTD is a micro-entity with a modest but positive financial position in its first full year. The company shows adequate working capital and no concerning liabilities, supporting a low-risk credit profile for limited credit facilities. Continued monitoring of cash flow and business growth will be essential as it develops.

FLIWEEL TECH LTD - Analysis Report

Company Number: 14522155

Analysis Date: 2025-07-29 19:11 UTC

1. Credit Opinion: APPROVE FLIWEEL TECH LTD is a newly incorporated micro-entity (2022) engaged in IT consultancy (SIC 62020). The company demonstrates a positive net asset position (£1,619) and net current assets (£816), indicating a modest but stable financial base. With no overdue filings, no long-term liabilities, and a sole director/owner with full control, the governance appears straightforward. Given its micro size and early stage, credit exposure should be limited, but current financials suggest the company can meet short-term obligations and has potential to service small credit facilities.

2. Financial Strength: The balance sheet shows very low fixed assets (£1,513) and modest current assets (£3,228), with current liabilities at £3,085. The net current assets of £816 and net assets of £1,619 reflect a small but positive equity base. There are no non-current liabilities or provisions, and accrued income/prepayments (£673) and accruals/deferred income (£710) are balanced, which indicates clean working capital management. Overall, the financial strength is limited but sound for a micro-entity in its first full year of accounts.

3. Cash Flow Assessment: Current assets are slightly above current liabilities, suggesting adequate short-term liquidity, although the absolute cash and equivalents figure is not broken out. The company had no employees and minimal fixed assets, minimizing cash burn. The positive net current assets indicate working capital is sufficient to cover immediate debts. However, as a young and very small company, cash flow may be sensitive to client payment timings. Ongoing monitoring of cash inflows is recommended.

4. Monitoring Points:

• Revenue growth and profitability trends in subsequent filings to assess business scalability.
• Changes in working capital components (debtors, creditors) to detect liquidity pressures.
• Director’s continued engagement and financial stewardship given sole control.
• Any increase in liabilities or overdrafts that may stress the modest equity base.
• Timely filing of accounts and confirmation statements to avoid compliance risk.