ITEMPIRE LIMITED

Executive Summary

iTempire Limited exhibits strong financial stability and liquidity with growing net assets and ample working capital. The company is compliant with statutory filings and under stable management, supporting a credit approval. Monitoring should focus on ongoing compliance and liquidity metrics to maintain credit quality.

ITEMPIRE LIMITED - Analysis Report

Company Number: 13054550

Analysis Date: 2025-07-29 19:49 UTC

1. Credit Opinion: APPROVE
   iTempire Limited demonstrates a strong and improving financial position with substantial net current assets and net assets growth over the last four years. The company is active, compliant with filing deadlines, and operated by a sole director with full control, indicating stable management. The micro-entity status and lack of audit requirements limit detail, but the balance sheet strength and liquidity profile support credit approval for typical SME lending facilities. No red flags such as overdue filings, director disqualifications, or insolvency indicators are present.

2. Financial Strength:
   The balance sheet shows a healthy progression in net assets from £320,666 in 2020 to £820,785 in 2023, reflecting retained earnings or capital injections. Fixed assets are minimal (£6,896 in 2023), suggesting the business is not capital intensive. Current assets have increased significantly to £928,176, mainly cash or receivables, while current liabilities remain modest at £173,683, yielding strong net current assets of £813,889. The company is well-capitalized with shareholders' funds equal to net assets, indicating no external debt burden evident in the provided data.

3. Cash Flow Assessment:
   The large net current assets position signals robust liquidity and working capital management, capable of meeting short-term obligations comfortably. The increase in current assets and controlled current liabilities suggests positive operating cash flows or capital funding. Absence of profit and loss details limits precise cash flow analysis, but the balance sheet and working capital metrics support good short-term financial resilience.

4. Monitoring Points:

• Continue monitoring timely filing of accounts and confirmation statements to avoid compliance issues.
• Track changes in current liabilities and liquidity ratios to ensure ongoing ability to meet short-term debts.
• Observe any significant changes in director or shareholder control which could affect governance or credit risk.
• Request profit and loss information if available for a fuller picture of profitability and cash generation in future assessments.