Company Number: 15077477

Analysis Date: 2025-07-20 14:48 UTC

1. Credit Opinion: APPROVE
   GR ROGERS LTD is a newly incorporated micro-entity with clean filing status and no overdue accounts or returns. The company shows a modest but positive net asset base (£12,240) and net current assets (£12,774), indicating an initial sound capital position. Given its current scale and ownership structure (single director and 75-100% owned by Ms. Gemma Rogers), the business is small and tightly controlled, which carries limited operational and financial risk for credit exposure at this stage. The absence of debt beyond short-term creditors and accruals supports approval of modest credit facilities, subject to monitoring as the business grows.

2. Financial Strength:
   The balance sheet shows total current assets of £23,406 against current liabilities of £10,632, resulting in positive net current assets of £12,774. There are no long-term liabilities or fixed assets noted, consistent with a start-up micro business. Shareholders’ funds equal net assets at £12,240, reflecting owner’s equity funding. The company has no reported accumulated losses or reserves. Overall, the financial position is stable but limited in scale, typical for a first-year micro-entity.

3. Cash Flow Assessment:
   Current assets likely include cash and receivables sufficient to cover short-term liabilities comfortably. Positive net working capital indicates adequate liquidity to meet immediate obligations. However, with limited historical trading data and a single employee, cash flow is expected to be constrained and dependent on ongoing owner funding or operational income generation. Close attention should be paid to cash flow trends as the company develops.

4. Monitoring Points:

• Growth in turnover and profitability as confirmed in future accounts filings.
• Changes in working capital dynamics, especially debtor and creditor balances.
• Any increase in liabilities or reliance on external financing.
• Continued compliance with filing deadlines and maintenance of good governance under sole director control.
• Business diversification or expansion beyond current office administrative activities (SIC 82110).