Company Number: 14366770

Analysis Date: 2025-07-29 12:41 UTC

1. Credit Opinion: APPROVE
   JNKO&CO LTD shows a positive turnaround with net assets increasing from £896 in 2023 to £5,018 in 2024. The company is active, compliant with filings, and under sole control of a single experienced director who appears committed. The micro entity’s balance sheet improvement and absence of overdue filings or legal encumbrances support creditworthiness for limited facilities. However, as a very small and recently incorporated business with one employee and modest asset base, credit should be tailored to match size and business scale.

2. Financial Strength:
   The balance sheet indicates modest but improving financial strength. Fixed assets remain stable at £1,136, while current assets rose significantly to £9,302, driven likely by cash or receivables. Current liabilities decreased to £5,420 from £6,401, resulting in positive net current assets of £3,882 compared to a negative £240 previously. Total net assets increased to £5,018, reflecting shareholder funds and retained earnings growth. The company is within the micro category, limiting extensive financial depth but showing sound capitalisation for its size.

3. Cash Flow Assessment:
   Positive net current assets and a rise in current assets suggest improved liquidity and working capital management. The company has no long-term liabilities or provisions, minimizing financial risk. The presence of only one employee and small fixed assets implies low overheads, which supports cash flow stability. However, detailed cash flow statements were not provided, so ongoing liquidity monitoring is recommended, especially given the company’s early stage and modest scale.

4. Monitoring Points:

• Continued growth of net current assets and maintenance of positive working capital.
• Timely filing of annual accounts and confirmation statements to avoid compliance risk.
• Trading performance and profitability trends in future accounts to assess sustainability.
• Director’s management of cash flow and receivables given the consultancy nature of the business.
• Any increase in liabilities or expansion plans that might impact liquidity or credit exposure.