Company Number: 15025483

Analysis Date: 2025-07-29 12:57 UTC

1. Credit Opinion: APPROVE. JTR BUILDING SERVICES LIMITED is a newly incorporated micro-entity (since July 2023) with a current active status and no history of overdue filings or adverse director conduct. The company shows positive net assets and working capital with growth in fixed assets from £2,676 to £15,037 within one year, indicating investment in operational capacity. The director has full ownership and control, suggesting clear accountability. Given the company’s financial position and trading history, it appears capable of meeting short-term liabilities and servicing credit facilities, albeit with limited historical data due to its recent incorporation.

2. Financial Strength: The company’s balance sheet as of 31 March 2025 reports net assets of £20,401, up from £8,381 in the prior year. The increase is driven by higher fixed assets and retained profits (reflected in increased shareholders’ funds). Net current assets stand at £5,364, demonstrating sufficient short-term buffer. The capital structure is entirely equity-funded with no reported long-term liabilities, which reduces financial risk. Overall, the balance sheet shows a stable and improving financial foundation consistent with micro-entity status.

3. Cash Flow Assessment: Current assets are £20,202 against current liabilities of £14,838, yielding positive net working capital of £5,364. This indicates adequate liquidity to cover short-term obligations. The company employs one person, implying low fixed overheads. While detailed cash flow statements are not provided, the stable working capital and positive net assets suggest reasonable operational cash flows supporting debt servicing. However, given limited trading history, ongoing monitoring of cash conversion cycles and debtor collections is recommended.

4. Monitoring Points:

• Continued growth in net assets and fixed assets as indicators of business expansion.
• Maintenance of positive net current assets to ensure liquidity.
• Director’s management of working capital and receivables given the company’s small scale.
• Timely filing of statutory returns and accounts to avoid compliance risk.
• Any significant changes in ownership or director status that could impact governance.