Company Number: 13246478

Analysis Date: 2025-07-20 14:58 UTC

1. Credit Opinion: APPROVE with conditions. Flourish Mcr Deansgate Ltd demonstrates a positive trend in net assets and working capital, indicating improving financial stability. However, as a micro-entity with modest fixed assets and limited equity (£23,872), credit exposure should be cautiously sized. Approval is contingent on continued monitoring of cash flow and trade creditor management.

2. Financial Strength: The balance sheet shows steady growth over the last reporting period. Net assets increased from £13,356 in 2023 to £23,872 in 2024, supported by a rise in current assets to £33,346 and controlled current liabilities at £24,069. The company maintains positive shareholders’ funds and net current assets of £12,770, suggesting a resilient financial base for its size. Fixed assets have decreased slightly but remain consistent.

3. Cash Flow Assessment: Current assets exceed current liabilities, indicating sufficient short-term liquidity. The net current assets improvement from £295 in 2023 to £12,770 in 2024 shows enhanced working capital management. However, the scale of operations (2 employees) and micro-entity status imply limited cash flow buffers, so liquidity should be carefully tracked, especially given the retail sector’s susceptibility to seasonal fluctuations.

4. Monitoring Points:

   • Regular review of trade creditor balances to ensure liabilities remain manageable.
   • Monitoring cash conversion cycle and debtor collections to sustain liquidity.
   • Tracking any significant changes in fixed assets or capital structure.
   • Observing the company’s ability to maintain or grow net assets amid market conditions.
   • Review of directors’ continued involvement and any changes in management or ownership that could impact governance or financial control.