Company Number: 15593902

Analysis Date: 2025-07-29 13:56 UTC

1. Credit Opinion: APPROVE
   I Designed Limited is a newly incorporated small private limited company with its first filed accounts showing a modest but positive net asset position and no overdue filings. The company demonstrates a solid liquidity position with cash of £30.7k supporting current liabilities of £18k, indicating capacity to meet short-term obligations. Though the trading history is limited due to its recent formation (incorporated March 2024), the financials do not raise immediate credit concerns. The sole director and 100% shareholder appears financially responsible with no adverse records. Credit approval is recommended with standard monitoring given the early stage of business.

2. Financial Strength:
   The balance sheet as at 31 March 2025 shows total net assets of £18,173, composed primarily of cash and modest fixed assets (£2,700). The company holds net current assets of £15,473, reflecting a healthy working capital position. The low level of creditors (£18,003) is mostly corporation tax due (£10,374), which suggests taxable profits have been generated. Shareholder funds equal net assets, indicating no external debt and a clean capital structure. The financial strength is sound for a start-up with no leverage and positive equity.

3. Cash Flow Assessment:
   Cash at bank (£30,651) exceeds current liabilities by a comfortable margin, showing good liquidity to cover short-term debts. Debtors (£2,825) represent a small amount of trade receivables, which appears manageable. The working capital surplus and cash buffer provide ample short-term financial flexibility. However, no historic profit and loss data is available to assess operational cash generation trends. Continued monitoring of cash flow from operations and tax payment schedules is advisable as the business grows.

4. Monitoring Points:

• Progression of turnover and profitability in subsequent periods to verify ability to sustain and grow cash flows.
• Timely settlement of corporation tax liabilities to avoid cash flow strain.
• Maintenance of positive net current assets and cash balances to meet operational needs.
• Any changes in director or ownership structure that could impact governance or financial control.
• Filing of next annual accounts and confirmation statement by due dates to ensure compliance.