JUKES MCWILLIAMS LIMITED

Executive Summary

Jukes McWilliams Limited presents a stable but very early-stage financial profile with positive working capital and no overdue statutory filings. Given its start-up nature and limited operating history, credit approval is recommended with conditions, emphasizing close monitoring of cash flow and revenue development. The company’s modest asset base and solid governance provide a reasonable foundation for cautious credit extension.

JUKES MCWILLIAMS LIMITED - Analysis Report

Company Number: 15022896

Analysis Date: 2025-07-20 14:56 UTC

1. Credit Opinion: APPROVE with conditions.
   Jukes McWilliams Limited is a newly incorporated management consultancy with a small but positive net asset base and no overdue filings. The company’s first set of accounts shows modest working capital and shareholders’ funds, indicating initial financial stability. However, due to the company’s limited operating history (just over one year) and relatively low asset base, credit approval should be conditional on ongoing monitoring of turnover growth and cash flow sustainability before extending larger credit facilities.

2. Financial Strength:
   The balance sheet as of 31 July 2024 reports net current assets of £10,105 and net assets of the same amount, with no long-term liabilities. Share capital is minimal at £2, reflecting the company’s start-up stage. The modest cash balance (£6,140) alongside trade debtors (£10,725) supports short-term liquidity. No fixed assets are reported, which is typical for a consultancy but limits collateral value. Overall, the financial position is sound but very early-stage, so the company’s ability to build equity and maintain profitability will be critical.

3. Cash Flow Assessment:
   Current liabilities total £6,760, primarily comprising other creditors and taxation/social security obligations. The company’s net current assets indicate positive working capital, meaning it can cover short-term debts from liquid assets and receivables. Cash is adequate to meet immediate obligations, but given the small scale of operations, cash flow could be sensitive to client payment delays. Continuous monitoring of debtor turnover and timely payments is advisable to avoid liquidity stress.

4. Monitoring Points:

• Revenue growth and profitability trends in subsequent accounting periods to assess business viability.
• Receivables aging and debtor collection efficiency to ensure cash inflows remain steady.
• Timeliness of statutory filings to maintain compliance and avoid regulatory risks.
• Changes in director or ownership structure that could impact governance or financial stewardship.
• Any material increase in liabilities or credit usage that might pressure liquidity.