FUTURE VISION PROPERTIES LIMITED

Executive Summary

Future Vision Properties Limited exhibits early-stage financial growth with improving net assets and positive working capital, underpinning moderate creditworthiness. The company’s modest size and limited operating history warrant conditional credit approval with ongoing monitoring of debtor collections and profitability to ensure sustainable debt servicing capacity. Overall, the business shows sound initial financial stewardship but requires vigilance on liquidity and income stability.

FUTURE VISION PROPERTIES LIMITED - Analysis Report

Company Number: 13922511

Analysis Date: 2025-07-29 17:10 UTC

1. Credit Opinion: APPROVE with conditions.
   Future Vision Properties Limited is a recently incorporated private limited company operating in the real estate letting sector. The company shows steady financial improvement with growing net assets and positive working capital. However, the absolute size of the balance sheet and equity base remain modest, reflecting a micro or small enterprise scale. Given the limited financial history and relatively low absolute asset base, credit approval should be conditional on continued financial monitoring and verification of rental income stability to ensure ongoing serviceability of debt obligations.

2. Financial Strength:
   The balance sheet reflects an improving but still modest financial position. Net current assets increased significantly from £544 in 2023 to £11,565 in 2024, primarily driven by a rise in debtors from £10,404 to £28,574 while current liabilities increased modestly from £9,860 to £17,009. Shareholders’ funds rose from £544 to £11,565, indicating retained earnings growth (£11,466 profit and loss reserve). Absence of fixed assets and employees suggests a lean operation, likely reliant on rental income or service contracts. The company is in the micro-entity category with no audit requirement, implying limited complexity but also less external scrutiny.

3. Cash Flow Assessment:
   Working capital is positive and has improved, providing some short-term liquidity cushion. However, the increase in debtors should be monitored closely as it could indicate delayed cash collections which may impact liquidity. Current liabilities are manageable relative to current assets but the low absolute cash reserves and absence of fixed assets limit collateral value and financial flexibility. There is no direct cash flow statement provided, so cash conversion cycle and operating cash flow quality cannot be fully assessed. The company should maintain tight control on debtor collections and creditor payments.

4. Monitoring Points:

• Debtor days and ageing to ensure receivables are collected promptly and do not build up excessively.
• Profitability trends and retention of profits to strengthen equity base.
• Stability and diversification of rental income streams or contracts to confirm ongoing revenue generation.
• Timely filing of accounts and confirmation statements to maintain regulatory compliance.
• Directors’ conduct and governance practices, noting all current directors are also significant controllers which concentrates control but may align interests.