GHORI BROTHERS LIMITED

Executive Summary

GHORI BROTHERS LIMITED is a small, recently established micro-entity with a clean balance sheet and no liabilities, demonstrating initial financial stability. Credit approval is recommended on a limited basis with conditions due to the lack of trading history and modest asset base. Continued monitoring of financial performance and liquidity is advised as the business develops its operations.

GHORI BROTHERS LIMITED - Analysis Report

Company Number: 14457652

Analysis Date: 2025-07-29 12:10 UTC

1. Credit Opinion: APPROVE with conditions.
   GHORI BROTHERS LIMITED is a newly incorporated micro-entity with no reported liabilities and positive net assets. The company has a clean balance sheet and no overdue filings, indicating good compliance and governance. However, given its very recent formation (Nov 2022) and minimal financial history, credit exposure should be limited and monitored closely until a more robust financial track record is established. Approval for small-scale or short-term credit facilities is reasonable, contingent on ongoing financial updates and confirmation of operational cash flows.

2. Financial Strength:
   The latest balance sheet as of 30 November 2023 shows total net assets of £7,560, comprising £590 fixed assets and £5,000 current assets plus £1,970 prepayments/accrued income. There are no current or long-term liabilities, resulting in a strong net asset position with no gearing. Shareholders’ funds equal net assets, reflecting no external debt. The company operates with zero employees, consistent with a start-up phase and limited operational scale. Overall, the financial base is sound but very small in absolute terms, typical of a micro-entity startup.

3. Cash Flow Assessment:
   Current assets exceed current liabilities (which are zero), producing a positive net current asset position of £6,970, indicating adequate short-term liquidity. However, the current asset figure is modest (£5,000 cash/debtors or equivalents), and with no employees or trading history disclosed, cash flow visibility is limited. The £1,970 prepayments and accrued income suggest some advance payments or receivables, which may temporarily inflate working capital. Ongoing monitoring of actual operating cash flows and receivables conversion is recommended to ensure liquidity remains sufficient for debt servicing.

4. Monitoring Points:

• Track subsequent financial filings to assess revenue generation and profitability trends.
• Monitor cash flow statements and working capital trends for any liquidity squeeze.
• Review any new borrowing or credit facilities and their servicing status.
• Observe any changes in director appointments or governance that could affect credit risk.
• Watch for growth in fixed assets or employee numbers indicating business expansion or increased operational risks.