GENUFLEX LIMITED

Executive Summary

Genuflex Limited presents a strong and improving financial profile with robust liquidity and growing equity. The company’s micro-entity status and conservative asset base limit risk, and management appears prudent. Credit facilities can be approved with routine monitoring of financial and compliance metrics to ensure sustained performance.

GENUFLEX LIMITED - Analysis Report

Company Number: 13199926

Analysis Date: 2025-07-20 14:18 UTC

1. Credit Opinion: APPROVE
   Genuflex Limited demonstrates a solid financial position for its size and stage of development. The company shows a strong net current asset position and positive equity growth, indicating good management of working capital and retained earnings. There are no overdue filings or signs of financial distress, supporting confidence in their ability to meet credit obligations.

2. Financial Strength:
   The balance sheet reveals a healthy capitalization with shareholders' funds increasing from £216.8k (2022) to £281.0k (2023). Fixed assets are minimal but stable, appropriate for a specialist medical practice. Current assets, predominantly cash and receivables, comfortably exceed current liabilities by over £278k, indicating strong liquidity. The company is classified as micro/small size with steady growth in net assets.

3. Cash Flow Assessment:
   Current assets surpass current liabilities by a wide margin, reflecting ample working capital. This suggests the company can comfortably cover short-term obligations. Absence of director loans at year-end reduces financial risk. The average headcount of one indicates a low fixed cost base, aiding cash flow stability. Overall, liquidity is sufficient to support ongoing operations and service debt.

4. Monitoring Points:

• Watch for any significant increase in short-term liabilities that could strain liquidity.
• Monitor turnover and profit trends in future accounts to confirm continued growth.
• Keep an eye on director advances or related party transactions that may affect cash flow.
• Track timely filing of accounts and confirmation statements to avoid compliance risks.