FRESH FACED MEDICAL LTD

Executive Summary

Fresh Faced Medical Ltd is a small but steadily improving specialist medical practice with a strong liquidity position and growing equity base. The company demonstrates sound financial management and low risk of default, supporting credit approval. Continued monitoring of operational growth and liabilities is advised to maintain financial resilience.

FRESH FACED MEDICAL LTD - Analysis Report

Company Number: 12945082

Analysis Date: 2025-07-29 18:48 UTC

1. Credit Opinion: APPROVE
   Fresh Faced Medical Ltd shows a positive trend in financial position with increasing net current assets and shareholders' funds over the past four years. The company maintains a low level of current liabilities relative to its cash holdings, indicating a good ability to meet short-term obligations. There are no indications of financial distress or overdue filings, and the director appears to manage the business responsibly. Given the small scale and specialist medical activities, the company demonstrates sufficient financial stability to service credit facilities.

2. Financial Strength:
   The balance sheet exhibits steady growth in net current assets from a marginal £20 in 2021 to £13,947 in 2024. Shareholders’ funds have increased from a negative position at inception (£-101) to almost £14k, signaling retained profitability or capital injection. The company’s total assets less current liabilities mirror net current assets, confirming limited long-term liabilities or fixed assets. Overall, the financial position is modest but improving, suitable for a micro to small enterprise in a specialist medical niche.

3. Cash Flow Assessment:
   Cash on hand has more than doubled from £7,129 in 2023 to £16,788 in 2024, enhancing liquidity. Current liabilities decreased slightly from £3,294 to £2,841, further improving working capital. The positive net current assets show the company has adequate short-term liquidity to cover immediate debts. Absence of reported debt or hire purchase commitments suggests low financial leverage, which reduces refinancing risk. Cash flow appears sound for current operational scale.

4. Monitoring Points:

• Monitor growth in turnover and profitability to ensure ongoing cash inflows remain sufficient to cover liabilities as the company scales.
• Watch for any significant increase in current liabilities or tax obligations that could pressure liquidity.
• Assess changes in director’s remuneration or related party transactions that might impact working capital.
• Keep an eye on market conditions affecting the specialist medical services sector, which could influence client demand and cash flow stability.