JOZISPICED LTD

Executive Summary

JOZISPICED LTD is a newly incorporated micro-entity with a clean balance sheet and no current liabilities, indicating low immediate credit risk. However, the company's small scale, lack of employees, and limited asset base suggest cautious credit exposure. Continued monitoring of financial growth and operational development is recommended before extending significant credit facilities.

JOZISPICED LTD - Analysis Report

Company Number: 14615530

Analysis Date: 2025-07-29 18:50 UTC

1. Credit Opinion: APPROVE (Low risk but limited scale) JOZISPICED LTD is an active private company limited by guarantee, operating in event catering and food manufacturing sectors. The company is very young, incorporated in 2023, and files micro-entity accounts indicating a very small scale of operations. Its balance sheet shows no current liabilities and positive net assets of £500 at the latest year-end, suggesting no immediate financial pressure. The absence of employees indicates it may be owner-operated or at a nascent stage. The director and secretary roles are held by the same individual who also controls the company, which could concentrate operational risk. However, there are no adverse signs such as overdue filings or director disqualifications. Given the minimal liabilities and positive net assets, the company appears capable of meeting its current credit obligations, but the small scale and early stage necessitate caution on extending significant credit facilities.

2. Financial Strength: The balance sheet reveals fixed assets of £350 and current assets of £150, with no current liabilities, resulting in net current assets of £150 and total net assets of £500 as at 31 January 2025. The net asset position is stable compared to the previous year. The company shows no debt burden or provisions for liabilities, which supports financial stability. However, the asset base is very limited, reflecting its micro-entity status and nascent business scale. The lack of employees and minimal current assets could limit operational flexibility and resilience.

3. Cash Flow Assessment: Current assets of £150 against zero current liabilities indicate a positive working capital position. This suggests liquidity is sufficient to cover short-term obligations. However, the absolute cash and liquid asset amount is very low, which may restrict the company’s ability to absorb unexpected expenses or invest in growth without additional capital input. No information is available on cash flow from operations or income statement data, which limits assessment of ongoing cash generation.

4. Monitoring Points:

• Monitor growth in current assets and net assets to assess business expansion.
• Track any emergence of current liabilities which may affect liquidity.
• Watch for any changes in director/management structure given the concentration of control.
• Review future filings for operational data such as employee numbers and turnover to better assess business viability.
• Confirm timely filing of accounts and confirmation statements to avoid compliance risk.