Company Number: 13437146

Analysis Date: 2025-07-29 16:55 UTC

1. Credit Opinion: APPROVE with monitoring. I Call Myself Sanchez Ltd is a micro-entity operating in the takeaway food sector, showing consistent improvement in its financial position since incorporation in 2021. The company has built positive net assets and working capital over the last three years, indicating capacity to meet short-term liabilities and service debts. Directors hold significant control and have provided modest advances, demonstrating some financial commitment to the business. However, as a small and relatively new entity in a competitive sector, risk remains; prudent ongoing monitoring of cash flow and profitability is advised.

2. Financial Strength: The company’s balance sheet shows steady growth in net assets from negative £1,462 at incorporation (2021) to £15,294 as of June 2024. Fixed assets have increased modestly (£1,095 to £3,068), reflecting some capital investment. Current assets (mainly cash and debtors) exceed current liabilities by £12,226, reflecting sound short-term financial health and working capital sufficiency. Shareholders’ funds mirror total net assets, confirming no significant external long-term debt. The micro-entity status implies limited scale, but the equity base is positive and growing.

3. Cash Flow Assessment: Current assets of £22,294 against current liabilities of £10,068 provide a current ratio of approximately 2.2, indicating good liquidity to cover short-term obligations. The company’s working capital has improved significantly year-on-year (+£12,226 in 2024 vs +£8,348 in 2023). No audit was conducted, and no detailed cash flow statement is provided; however, the positive net current assets and absence of overdue filings suggest manageable cash flow. Director advances totaling £2,000 exist, which should be monitored for repayment or conversion.

4. Monitoring Points:

• Profitability and trading performance: As income statement details are not publicly available, verify ongoing profitability and cash generation.
• Director advances: Monitor advances from directors and ensure they do not convert into unmanageable liabilities.
• Sector risks: The takeaway food sector can be sensitive to economic downturns and consumer trends; monitor market conditions and competitive pressures.
• Filing compliance: Continue to ensure timely statutory filings and transparency.
• Growth sustainability: Watch for any significant changes in asset base or liabilities that might impact liquidity or solvency.