HOLIDAY LET’S GO LTD

Executive Summary

Holiday Let's Go Ltd is a newly formed micro-entity with a modest balance sheet and limited operating history, showing positive net current assets but minimal financial strength. Credit approval should be conditional on receipt of further evidence of revenue and cash flow sustainability. Ongoing monitoring of financial performance and statutory compliance is essential to mitigate risk.

HOLIDAY LET’S GO LTD - Analysis Report

Company Number: 14242635

Analysis Date: 2025-07-29 15:07 UTC

1. Credit Opinion: CONDITIONAL APPROVAL
   Holiday Let's Go Ltd is a very early-stage micro-entity, incorporated in July 2022, with limited operating history and modest financial resources. The company has positive net assets and net current assets, indicating a minimal working capital buffer. However, the small scale, absence of employees, and lack of audited financial statements limit the ability to fully assess its cash flow generation and debt servicing capacity. Approval for credit facilities should be conditional on receipt of updated management forecasts, evidence of revenue generation, and ongoing monitoring of timely filing compliance. The involvement of a corporate shareholder (Clean Spring Flower Group Limited) and experienced directors provides some governance reassurance.

2. Financial Strength:

• Total net assets of £3,859 as of 31 July 2023 reflect a modest equity base consistent with a start-up micro-entity.
• Current assets of £30,657 against current liabilities of £26,247 yield positive net current assets of £4,410, indicating the company can meet short-term obligations at the balance sheet date.
• Accrued liabilities of £551 reduce net assets slightly but are not material.
• No fixed assets reported, and no employees, implying low capital investment and operating scale to date.
• Overall, the balance sheet shows minimal financial strength but no immediate solvency concerns.

3. Cash Flow Assessment:

• The absence of detailed cash flow statements and profit & loss data prevents a thorough liquidity analysis.
• Positive working capital suggests some short-term liquidity, but given the company’s micro size and no recorded employees, cash inflows may be limited or irregular.
• The company’s ability to generate operating cash flow remains unproven; additional cash flow projections and bank statements would be required to confirm sustainable liquidity.
• No overdue filings and confirmed compliance with statutory deadlines reduce regulatory risks.

4. Monitoring Points:

• Regular review of updated financial statements and management accounts to confirm revenue growth and cash generation.
• Monitoring of working capital trends and any increases in liabilities that could strain liquidity.
• Watch for changes in directors or PSC that may affect governance or control.
• Assessment of any new borrowings or credit lines and the company’s adherence to repayment terms.
• Confirmation of continued statutory compliance including account filings and confirmation statements.