JSD11 LIMITED

Executive Summary

JSD11 LIMITED has transitioned from a net liability to a positive net asset position within one year, indicating improved financial stability. The company’s modest scale and liquidity profile support an approval for credit with standard monitoring to ensure continued financial health. Maintaining compliance and tracking liquidity trends will be key to managing credit risk going forward.

JSD11 LIMITED - Analysis Report

Company Number: 13271042

Analysis Date: 2025-07-20 14:41 UTC

1. Credit Opinion: APPROVE
   JSD11 LIMITED demonstrates improving financial health with positive net current assets and net assets as of the latest filing. The company is in active status, with no overdue filings, and operates in management consultancy—a sector generally exhibiting steady demand. The sole director and majority shareholder appears engaged with no negative records. While the company is small and with minimal employees, its financial trajectory from negative net assets in 2023 to positive in 2024 signals recovery and better liquidity. Credit facilities could be approved with standard monitoring, given the company’s micro-entity scale and lack of trading history prior to 2023.

2. Financial Strength:
   The balance sheet shows total net assets of £6,265 at 31 March 2024, recovering from a net liability position of -£3,822 the previous year. Current assets stand at £9,294, comfortably exceeding current liabilities of £3,029, resulting in net current assets (working capital) of £6,265. Share capital is nominal (£2), typical for micro-entities, with accumulated reserves contributing to shareholder funds. Absence of fixed assets limits collateral but financial position is solvent with no material liabilities.

3. Cash Flow Assessment:
   Current asset composition detail is not provided but positive net current assets imply sufficient liquidity to meet short-term obligations. No employees reduce payroll cash flow pressure. Given the micro-entity nature and relatively low liabilities, the company’s working capital position supports operational cash flow. However, detailed cash flow statements are not available, so ongoing liquidity should be monitored, especially as the company grows.

4. Monitoring Points:

• Maintain timely filing of accounts and confirmation statements to avoid compliance risks.
• Monitor net current assets and liquidity trends over the next 1-2 years as the company scales operations.
• Watch for any increase in current liabilities that may stress working capital.
• Track revenue growth and profitability development to assess capacity to service larger credit lines.
• Monitor director’s conduct and any changes in ownership or control that might affect governance.