Company Number: 15255377

Analysis Date: 2025-07-29 20:04 UTC

1. Credit Opinion: CONDITIONAL APPROVAL
   FM Support Consulting Ltd is a newly incorporated micro-entity with limited trading history and modest net assets (£548). The company shows positive net current assets (£1,448), indicating working capital adequacy at this early stage. However, the absence of employees and reliance on director loans suggest limited operational scale and capital resources. Credit approval is possible but should be conditional on continued positive trading performance, timely filing of future accounts, and monitoring of director loan balances and repayments.

2. Financial Strength:
   The balance sheet reveals very modest total assets (£2,766 current assets only) and low net assets (£548), reflecting the early stage of the business. No fixed assets are reported. The company’s capital structure is entirely equity-based with no bank borrowings disclosed. The director has advanced an interest-free, unsecured loan of £1,217, which is currently an asset on the balance sheet. Overall, the financial strength is weak but typical for a start-up micro company. There is no evidence of financial leverage or external debt burden.

3. Cash Flow Assessment:
   Current assets exceed current liabilities by £1,448, providing a modest working capital buffer. The company appears liquid enough to meet short-term obligations. However, the low absolute level of cash and reliance on director advances means liquidity could be fragile in the event of unexpected expenses or trading shocks. Cash flow projections and bank statements should be reviewed during monitoring to confirm ongoing sufficiency.

4. Monitoring Points:

• Track subsequent trading results and profitability to build retained earnings and strengthen net asset position.
• Monitor director loan account for repayments or further advances, as dependence on this funding could be a risk.
• Ensure timely filing of next accounts and confirmation statements to avoid compliance risk.
• Review cash flow regularly to confirm liquidity remains sufficient for operational needs.
• Watch for any material changes in business scale or sector risks related to management consultancy services.