JSB ROOFING AND JOINERY CONTRACTS LIMITED

Executive Summary

JSB Roofing and Joinery Contracts Limited is a newly established micro-entity with a clean balance sheet and no liabilities. While currently limited in operating scale and cash flow history, the company demonstrates sound compliance and low financial risk, supporting approval for modest credit facilities. Ongoing monitoring of trading performance and cash flow will be essential as the business develops.

JSB ROOFING AND JOINERY CONTRACTS LIMITED - Analysis Report

Company Number: SC786413

Analysis Date: 2025-07-20 16:08 UTC

1. Credit Opinion: APPROVE
   JSB Roofing and Joinery Contracts Limited is a newly incorporated micro-entity with a clean financial position. The company has no liabilities and positive net current assets, indicating no immediate credit risk. Despite limited operational history and no employees yet, the directors have maintained compliance with filing deadlines and statutory requirements, which suggests sound management oversight. Given the modest scale and lack of liabilities, the company can be considered creditworthy at this stage for small credit facilities.

2. Financial Strength:
   The balance sheet as at 31 October 2024 shows total net assets of £5,377, entirely composed of current assets with zero fixed assets or liabilities. The company is asset-light and holds no debt, which minimizes financial risk but also indicates limited capital base. As a micro-entity, it meets the smallest threshold with very modest funds on hand, implying limited capacity for large expenditures or financial stress absorption.

3. Cash Flow Assessment:
   Current assets of £5,377 with no current liabilities provide a positive net working capital position. Since the company has zero creditors, liquidity is sufficient to meet short-term obligations. However, the absence of operating employees and fixed assets suggests the company may not yet be generating operating cash flow, relying on initial capital or shareholder funding. Monitoring cash inflows from operations will be critical going forward.

4. Monitoring Points:

• Revenue generation and profit trends as trading commences, to assess ability to service future credit.
• Working capital changes and cash flow statements in next accounts to confirm operational liquidity.
• Any increase in liabilities or capital expenditures that could affect solvency.
• Director conduct and any changes in ownership or control.
• Compliance with future filing deadlines to maintain good standing.