Company Number: 13644571

Analysis Date: 2025-07-29 16:37 UTC

1. Credit Opinion: APPROVE
   I AM YEN LTD demonstrates a solid financial position for a micro-entity with strong equity and positive net current assets. The company shows a significant increase in net assets (£54,802 in 2024 vs £19,149 in 2023) and a very healthy working capital position. There is no indication of overdue filings or operational distress. Given the positive balance sheet trajectory and absence of liabilities beyond normal trade creditors, the company appears capable of meeting short-term obligations and is a low credit risk. Approval is recommended for credit facilities within the scale of their micro business size.

2. Financial Strength
   The balance sheet is robust for a micro-sized entity. Fixed assets remain stable at around £5,000. Current assets have increased from £25,306 to £30,532, while current liabilities have improved from a negative £10,924 to a positive £19,103 (likely a presentation or classification note; if the current liabilities figure is negative, this suggests a net receivable or prepayment exceeding liabilities). The net current assets improved significantly from £14,382 to £49,635, indicating enhanced liquidity. Net assets and shareholders’ funds increased substantially, reflecting retained earnings or capital injections, suggesting strong financial stewardship by management.

3. Cash Flow Assessment
   While profit and loss details are not disclosed, the significant improvement in net current assets indicates strong liquidity and working capital management. The company carries no employees and minimal fixed assets, limiting operational cash outflows. The absence of overdue accounts and returns filings further supports sound cash flow discipline. The large positive net current assets figure implies that the company can comfortably cover short-term liabilities and operational expenses, reducing liquidity risk.

4. Monitoring Points

• Monitor the company's turnover and profitability when available, as micro-entity accounts do not provide P&L details.
• Watch for changes in current liabilities classification to clarify the negative figure reported and ensure no hidden liabilities.
• Confirm ongoing timely filings and compliance to detect any governance or operational issues early.
• Track any changes in director or PSC status given the single director/owner structure to assess continuity risk.