GOLDSTAR DESIGN & PRINTING FALKIRK LTD

Executive Summary

GOLDSTAR DESIGN & PRINTING FALKIRK LTD demonstrates improving financial stability with rising net assets and positive working capital, supporting its ability to meet short-term liabilities. Despite limited scale and incomplete revenue data, the company’s balance sheet and liquidity position justify conditional credit approval, subject to monitoring of cash flow and revenue trends. Ongoing oversight is advisable due to the micro-entity status and concentrated control structure.

GOLDSTAR DESIGN & PRINTING FALKIRK LTD - Analysis Report

Company Number: SC684695

Analysis Date: 2025-07-29 20:06 UTC

1. Credit Opinion: APPROVE with conditions.
   GOLDSTAR DESIGN & PRINTING FALKIRK LTD is a micro-entity with a small but steadily improving net asset base and working capital position. The company shows positive net current assets that have increased from £180 in 2020 to £2,483 in 2024, indicating improved liquidity. However, the turnover figure is only disclosed for 2020 (£39,198) and not updated for later years, limiting visibility on revenue trends. The absence of employees suggests a minimal operational scale, which may constrain growth and resilience. The director holds full control, which simplifies governance but concentrates risk. Approval is recommended with close monitoring of revenue and cash flow development to ensure continued ability to service credit.

2. Financial Strength:
   The balance sheet reflects a modest but improving financial position. Net assets have grown from £180 in 2020 to £2,471 in 2024, driven by increases in current assets outpacing current liabilities. No long-term liabilities are reported as of the latest year, although there was a £650 creditor after one year in 2023, which was cleared by 2024. Shareholders funds correspond to net assets, showing retained earnings accumulation or capital injections over time. The company’s micro-entity status means limited fixed assets and a small capital base (£1 share capital). Overall, the financial strength is adequate for a micro business but remains vulnerable to external shocks.

3. Cash Flow Assessment:
   Current assets amount to £3,712 with cash included in prior years (£1,062 in 2020). The net current assets of £2,483 provide a comfortable short-term liquidity cushion relative to current liabilities (£1,229). The positive working capital trend suggests the company can meet short-term obligations without strain. However, the lack of employees and limited turnover data imply cash inflows might be irregular or dependent on a narrow customer base. The absence of detailed cash flow statements limits full assessment but the net asset growth and liquidity position are reassuring for credit risk over the short term.

4. Monitoring Points:

• Confirm updated turnover and profitability figures to assess revenue growth trajectory.
• Monitor cash flow statements or bank statements to verify ongoing liquidity and operational cash generation.
• Watch for any new liabilities or overdue payables that could impair working capital.
• Track any changes in director or ownership structure that might affect governance or control.
• Assess impact of market or sector trends on the micro-entity’s sustainability given its small scale and single director control.