G&O PARTNERS LTD

Executive Summary

G&O PARTNERS LTD has demonstrated a turnaround from a negative equity position to modest net assets in 2023, but continues to report minimal turnover and a small operating loss. While current liabilities have been eliminated, improving liquidity, the company remains small with limited financial depth and uncertain cash generation. Credit facilities should be cautiously approved with conditions emphasizing monitoring of revenue growth and cash flow stability.

G&O PARTNERS LTD - Analysis Report

Company Number: 13011589

Analysis Date: 2025-07-20 18:27 UTC

1. Credit Opinion: CONDITIONAL APPROVAL
   G&O PARTNERS LTD is a micro private limited company with minimal turnover (£667 in FY 2023) and no employees. The company recently emerged from a significant negative net asset position (£-10,063 in 2022) to a positive net asset position (£6,531 in 2023), indicating a recovery or capital injection. However, turnover remains very low, and the company posted a loss of £862 in the latest year. There are no current liabilities reported for 2023, which improves liquidity, but the company’s ability to generate consistent earnings and positive cash flow is currently limited. Credit approval should be conditional on continued monitoring of revenue growth and profitability.

2. Financial Strength:
   Balance sheet strength improved markedly. Fixed assets are stable at £5,111. Current assets improved from zero to £1,420, with no current liabilities reported in 2023 (compared to £691 in 2022), resulting in positive net current assets. Long-term liabilities of £14,483 reported in prior years are absent in 2023, suggesting repayment or restructuring. Shareholders’ funds turned positive from a deficit, reflecting equity strengthening. Despite this improvement, the company remains very small with limited operating history and low turnover, which constrains financial resilience.

3. Cash Flow Assessment:
   No direct cash flow data is provided, but the working capital position is positive with net current assets of £1,420. Absence of current liabilities reduces short-term liquidity risk. However, minimal turnover and a loss in the latest year indicate limited cash generation from operations. Lack of staff costs and cost of materials suggests minimal operational activity or possibly a dormant phase. The company will need to demonstrate stable and increasing cash inflows to service new debt or credit facilities reliably.

4. Monitoring Points:

• Track turnover growth and profitability trends over the next 12 months.
• Monitor changes in current and long-term liabilities to assess debt servicing capacity.
• Watch for cash flow from operations to ensure liquidity is maintained.
• Review any changes in fixed asset base to evaluate capital expenditure and asset utilization.
• Assess director actions and related party transactions given sole director status.