GSA CONSULTING LTD

Executive Summary

GSA Consulting Ltd is a small but financially stable IT consultancy with positive working capital and solid cash reserves, indicating an ability to meet short-term obligations. The company’s profitability and shareholder equity support its creditworthiness, making it suitable for credit approval. Ongoing monitoring of cash flow and debtor management is recommended to ensure continued financial health.

GSA CONSULTING LTD - Analysis Report

Company Number: NI686301

Analysis Date: 2025-07-20 13:41 UTC

1. Credit Opinion: APPROVE
   GSA Consulting Ltd is a newly incorporated IT consultancy (since 2022) with a clean, active status and no insolvency proceedings. The company shows positive net current assets and net equity, indicating sound financial footing. Profitability is demonstrated by retained earnings and consistent tax payments. The director and sole shareholder has clear control, which reduces governance complexity. Thus, the company appears capable of servicing debt and maintaining credit obligations. Approval is recommended with standard monitoring.

2. Financial Strength:
   The balance sheet as of 31 March 2024 shows net assets of £28,077, slightly down from £29,681 the prior year. Current assets of £71,012 comfortably cover current liabilities of £43,459, giving a positive working capital position of £27,553. Fixed tangible assets are minimal (£524), consistent with IT consultancy operations. Shareholders’ funds consist primarily of retained earnings, signaling internal capital generation. Overall, the financial profile is stable but on a small scale.

3. Cash Flow Assessment:
   Cash held at £58,782 is substantial relative to liabilities, providing good liquidity for operations and debt servicing. Trade debtors increased from £2,729 to £12,230, indicating growing sales or receivables but remain manageable. Tax liabilities increased reflecting higher profits but are being met. Dividends paid (£92,500 in 2024) suggest strong cash flow generation, though monitoring cash after dividend distributions is advisable. Working capital and cash balances support ongoing operational needs.

4. Monitoring Points:

• Continued profitability and cash flow generation to sustain dividends and liabilities.
• Trade debtor aging and collection efficiency to avoid liquidity strain.
• Impact of any business growth on working capital requirements.
• Any changes in director or ownership that may affect governance or financial control.
• Regular filing compliance remains on track as per records.