Company Number: SC686548

Analysis Date: 2025-07-29 20:04 UTC

Financial Health Assessment for JOLUNARI LIMITED (As of 30 April 2024)

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1. Financial Health Score: B (Good)

Explanation: JOLUNARI LIMITED demonstrates solid financial footing typical of a micro-entity with a strong net asset base and positive working capital. The absence of leveraged debt and positive net assets suggest good financial stability and prudent management. The score "B" reflects a generally healthy condition but with room to enhance operational scale and profitability transparency.

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2. Key Vital Signs

Metric	Value (£)	Interpretation
Fixed Assets	46,385	Increased from £2,252 in prior year, indicating investment in long-term resources (healthy)
Current Assets	212,731	Slight decrease from £249,077, but still robust short-term asset base
Current Liabilities	56,403	Manageable short-term obligations, well covered by current assets
Net Current Assets (Working Capital)	156,328	Strong positive working capital, signaling good liquidity and ability to cover short-term bills
Net Assets (Equity)	202,713	Growing net assets suggest value accumulation and positive owner equity
Share Capital	100	Minimal share capital typical for micro-entity
Employees	2	Small team size consistent with micro-company scale

Additional Notes:

• The company is exempt from audit under micro-entity provisions, which is common for its size.
• No profit and loss account was filed, limiting insight into profitability or cash flow dynamics.
• Directors are experienced professionals in oil & gas and farming, aligned with company’s SIC code (support activities for petroleum and natural gas mining).

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3. Diagnosis: What the Financial Data Reveals About Business Health

JOLUNARI LIMITED’s financial “vital signs” present a picture of a micro-sized business with stable and improving financial health. The substantial increase in fixed assets (from £2,252 to £46,385) suggests recent investment in plant, equipment, or other capital goods — a positive “sign of vitality” akin to a patient building muscle mass. This would support future operational capacity and growth potential.

The company maintains a healthy liquidity position with net current assets over £150k, indicating a “healthy cash flow” environment able to cover short-term obligations comfortably. The net asset base is increasing, which is a “sign of strength” and investor confidence.

However, the lack of available profit and loss data means we cannot fully assess operational profitability or cash flow cycles. The company’s small size and limited staffing imply a narrow operational scope, so its financial resilience may be sensitive to market or industry fluctuations.

No signs of financial distress, such as overdue filings, negative equity, or excessive liabilities, are present — indicating an absence of “symptoms of distress.”

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4. Recommendations: Actions to Improve Financial Wellness

• Profitability Transparency: Consider filing fuller accounts including a profit and loss statement to provide stakeholders with clearer insight into operational performance and profitability. This enhances confidence and supports strategic planning.

• Cash Flow Monitoring: Regularly monitor cash flow forecasts to maintain the healthy liquidity position and anticipate any seasonal or market-driven cash flow fluctuations.

• Asset Utilization Review: Since fixed assets have increased significantly, ensure these investments are effectively contributing to revenue generation. Conduct periodic reviews to maximize return on capital employed.

• Growth Planning: Explore opportunities for scaling operations cautiously, possibly increasing workforce or diversifying service offerings within the petroleum support sector to build resilience.

• Risk Management: Maintain good governance and compliance practices, especially considering the company’s active status and industry risks associated with oil and gas activities.

• Maintain Filing Discipline: Continue timely filings of accounts and confirmation statements to avoid penalties and maintain good corporate standing.

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