Company Number: 12771079

Analysis Date: 2025-07-29 17:31 UTC

1. Credit Opinion: APPROVE
   Great Eagles Care Ltd demonstrates a solid financial position for a micro-entity with consistent net asset growth and strong working capital. The company’s ability to maintain positive net current assets and net assets over the past years indicates it can meet short-term obligations effectively. Given no overdue filings and clear director accountability, the company presents manageable credit risk for typical SME lending products.

2. Financial Strength:
   The balance sheet shows net assets of £12,077 as of 31 July 2024, up from £2,013 in 2020, marking steady improvement. Fixed assets remain modest (£592), reflecting low capital intensity, appropriate for a residential care service. The increase in net current assets from £829 in 2020 to £11,485 in 2024 indicates improved liquidity and operational scale. Share capital is nominal (£1), but shareholder funds have grown through retained earnings or capital injections, signaling reinvestment or profitability.

3. Cash Flow Assessment:
   Current assets at £11,333 comfortably exceed current liabilities of £897, yielding strong positive net working capital of £11,485. This suggests the company has sufficient liquid resources and short-term receivables or cash to cover immediate debts. The stable prepayments and accrued income (around £1,049) further support healthy cash flow management. Limited employee numbers (average 1) imply low payroll burden, aiding cash conservation.

4. Monitoring Points:

• Track turnover and profitability trends to ensure continued growth and debt servicing ability.
• Monitor any changes in current liabilities that could strain liquidity.
• Observe director changes and PSC updates for governance continuity.
• Review sector-specific risks in residential care, such as regulatory compliance and funding changes.
• Keep an eye on any significant increases in fixed assets or borrowing that could affect leverage.