GRENDON COMPUTERS LTD

Executive Summary

Grendon Computers Ltd is a newly established micro-entity with a clean balance sheet, positive working capital, and no short-term liabilities, indicating a healthy liquidity profile suitable for credit approval. The company’s financials show stability and prudent management within a low-risk operational framework. Continued monitoring of liquidity and operational cash flows is recommended to maintain creditworthiness.

GRENDON COMPUTERS LTD - Analysis Report

Company Number: 13115841

Analysis Date: 2025-07-20 11:42 UTC

1. Credit Opinion: APPROVE
   Grendon Computers Ltd presents a stable micro-entity profile with no overdue filings and an active operational status since incorporation in 2021. The company's balance sheet reflects positive net assets and no short-term liabilities, indicating an ability to meet obligations as they fall due. The presence of consistent net current assets over the past three years supports adequate working capital. The business footprint in computer repair services is straightforward, with no complexity or off-balance sheet risks noted. Management appears stable with directors and secretary in place, and no adverse records. The small scale and limited financial leverage suggest low credit risk for modest facilities.

2. Financial Strength:
   The company holds net assets of £4,387 as of 31 January 2024, a slight increase from previous years, reflecting modest but steady capitalization and retention of earnings. Fixed assets are minimal (£953), consistent with a service-based business model. Current assets are primarily cash or equivalents (£3,434), with zero current liabilities, yielding strong net current assets and a solid liquidity position. Share capital is nominal (£1), but shareholders’ funds align with net assets, showing no hidden debt or off-balance sheet liabilities. The absence of long-term liabilities or provisions further strengthens the balance sheet.

3. Cash Flow Assessment:
   Current assets exceed current liabilities comfortably, implying strong short-term liquidity and working capital sufficiency to cover operational expenses and short-term commitments. With no creditors recorded at the year-end, the company does not rely on trade credit or external short-term borrowings. The single-employee operation suggests low fixed overheads, further supporting cash flow stability. Although detailed cash flow statements are not provided, the balance sheet and absence of liabilities indicate positive cash flow management. Attention should be paid to ensuring ongoing generation of cash inflows from operations given the modest scale.

4. Monitoring Points:

• Maintain timely filings to avoid compliance risk.
• Monitor net current assets and liquidity ratios given the micro size and limited asset base.
• Watch for any increase in liabilities or off-balance sheet commitments that could impact short-term liquidity.
• Track revenue and profitability trends as they become available to assess operational growth or stress.
• Observe any changes in management or ownership structure that may affect governance or financial policy.