JJS ARTIFICIAL GRASS LTD

Executive Summary

JJS ARTIFICIAL GRASS LTD is a micro-entity in its first financial year showing a positive but very modest net asset position and equity. The company’s liquidity appears adequate for its scale, and the director’s full ownership provides operational control. Credit approval is recommended with close monitoring of growth and cash flow to ensure ongoing repayment capacity.

JJS ARTIFICIAL GRASS LTD - Analysis Report

Company Number: 14719036

Analysis Date: 2025-07-29 18:02 UTC

1. Credit Opinion: APPROVE with caution. JJS ARTIFICIAL GRASS LTD is a newly incorporated micro-entity operating in a niche construction-related sector. Its first-year financials show a positive net current asset position and positive equity, indicating initial financial viability. However, limited operating history and modest asset base require monitoring as the company grows. The director’s full control and apparent compliance with filings support trustworthiness but the small scale limits credit exposure.

2. Financial Strength: The balance sheet as of 31 March 2024 shows current assets of £21,690 against current liabilities of £19,496, yielding net current assets of £2,194 and total equity of £2,194. This indicates a net working capital buffer but minimal capitalization. No fixed assets are reported, and the company’s overall financial base is very modest, which is typical for a micro entity in its first year. The financial strength is fragile but not negative.

3. Cash Flow Assessment: With net current assets positive but small, liquidity appears tight but sufficient to cover short-term obligations. Cash or equivalents are likely included within current assets but specific cash flow data is not provided. The company employs one person, suggesting low overheads. Working capital management will be critical going forward to avoid cash flow strain.

4. Monitoring Points:

• Revenue growth and profitability trends in subsequent periods to confirm business viability.
• Timely filing of future accounts and confirmation statements to maintain compliance.
• Changes in working capital components, especially receivables and payables.
• Any increase in borrowings or creditor balances that might stress liquidity.
• Director and ownership stability; watch for any changes in management or control.