FORTIS CBS LTD

Executive Summary

Fortis CBS Ltd presents a stable financial profile with improving liquidity and a growing equity base, supporting its capacity to meet credit obligations. The company’s small scale and micro-entity status warrant conservative credit limits with regular monitoring of working capital and earnings trends. Overall, the business appears creditworthy for modest facilities within its operational scope.

FORTIS CBS LTD - Analysis Report

Company Number: 13392157

Analysis Date: 2025-07-29 19:48 UTC

1. Credit Opinion: APPROVE
   Fortis CBS Ltd demonstrates a stable financial position with positive net current assets and growing shareholders' funds over the last two years. The company operates in the real estate agency sector and appears financially sound for a micro-entity. There are no overdue filings or indications of financial distress, supporting its ability to service debt obligations. However, as a relatively new company with a small scale, credit facilities should be structured conservatively with periodic reviews.

2. Financial Strength:
   The balance sheet shows fixed assets consistently at £171,057, indicating stable investment in long-term assets. Current assets have increased from £15,987 in 2023 to £35,753 in 2024, improving liquidity. Current liabilities have decreased from £11,627 to £8,858 over the same period, leading to a net current asset improvement from £4,360 to £26,895. Shareholders’ funds have grown from £175,417 to £197,952, reflecting retained earnings or capital injections and strengthening the equity base. Overall, the company has a solid equity position and manageable liabilities consistent with micro-company norms.

3. Cash Flow Assessment:
   While exact cash flow statements are unavailable, the increase in current assets and reduction in current liabilities suggest improved working capital management and liquidity. The positive net current assets indicate the company can meet short-term obligations without stress. The micro-entity status and two employees indicate a low overhead structure, reducing cash flow pressure. Monitoring cash conversion cycles and debtor days would be advisable to confirm ongoing liquidity.

4. Monitoring Points:

• Continue monitoring the net current assets and working capital trends to ensure liquidity remains adequate.
• Watch for any increase in short-term liabilities that could pressure cash flows.
• Review debtor aging and credit control effectiveness, especially in the real estate agency sector where payment terms can vary.
• Track profit generation or losses in future accounts to assess earnings sustainability.
• Maintain oversight on director activity and governance given the small management team.