FOUND THINGS UK LTD

Executive Summary

FOUND THINGS UK LTD exhibits stable and improving financial health with positive net assets and working capital, indicating good liquidity and solvency. The company operates on a small scale but maintains a healthy financial "heartbeat," with recommendations focusing on asset growth and vigilant liability management to support future expansion.

FOUND THINGS UK LTD - Analysis Report

Company Number: 14268522

Analysis Date: 2025-07-20 18:44 UTC

Financial Health Assessment Report for FOUND THINGS UK LTD

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1. Financial Health Score: B

Explanation:
The company demonstrates solid foundational financial health, with positive net assets and a growing net current asset position over the last two years. The micro-entity scale is reflected in modest fixed and current asset values, and liabilities remain manageable. While the firm shows no alarming symptoms of distress, the relatively small asset base and low capitalisation suggest a cautious outlook. Overall, the business is financially sound but has room for strengthening its liquidity and asset base.

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2. Key Vital Signs

Metric	2024 (£)	2023 (£)	Interpretation
Fixed Assets	638	750	Small investment in long-term assets; a slight decrease may indicate asset disposals or depreciation.
Current Assets	13,450	11,256	Healthy growth in short-term assets, reflecting improved liquidity or increased receivables/cash.
Current Liabilities	(9,524)	(8,482)	Liabilities due within one year have increased moderately but remain significantly lower than current assets.
Net Current Assets	3,926	2,774	Positive working capital ("healthy cash flow") indicates the company can comfortably cover short-term obligations.
Total Assets Less Current Liabilities	4,564	3,524	This shows the company's net asset base after settling short-term debts, increased year-on-year.
Net Assets (Shareholders’ Funds)	3,898	2,864	Positive net worth indicates retained earnings or capital injection, which strengthens the financial backbone.

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3. Diagnosis

The financial "pulse" of FOUND THINGS UK LTD is steady and stable. The company shows a positive net asset position that has improved year-over-year, indicating retained profitability or capital investment. The working capital is positive and growing, suggesting the company has a "healthy cash flow" to meet its immediate obligations without strain.

There are no signs of liquidity stress or insolvency risk. Current liabilities are well-covered by current assets, and the net asset base provides a buffer to absorb potential shocks. The slight decrease in fixed assets could be a symptom of asset turnover or depreciation but is not concerning given the scale.

However, the company remains small with limited assets and no employees recorded, implying a lean operation with potentially limited scale or growth capacity at present. The micro-entity status means simplified reporting but also suggests the company is in an early or developing stage.

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4. Recommendations

• Strengthen Asset Base: Consider reinvesting profits or seeking capital injections to build fixed assets, which can improve operational capacity and long-term sustainability.
• Monitor Liabilities: Keep a close watch on short-term liabilities to ensure they do not grow faster than current assets, preserving liquidity.
• Improve Cash Flow Management: Maintain or enhance working capital through efficient receivables collection and inventory management to keep the financial "heartbeat" strong.
• Growth Planning: Evaluate opportunities to scale operations, possibly by hiring staff or expanding product lines, to transition beyond micro-entity limitations.
• Regular Financial Reviews: Continue timely filings and periodic financial health checks to detect any early "symptoms of distress" and act swiftly.

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