Company Number: 14459448

Analysis Date: 2025-07-29 12:09 UTC

1. Credit Opinion: CONDITIONAL APPROVAL
   Jupp Building Services Ltd is a newly established micro-entity in the construction sector, showing a positive net asset position in its first full accounting period. The company demonstrates a modest but positive working capital buffer and no overdue filings, indicating compliance discipline. However, given its short trading history (just over one year) and modest asset base, credit approval should be conditional with limits on exposure and a requirement for updated financials and cash flow monitoring.

2. Financial Strength:
   The balance sheet at 30 November 2023 shows total assets of £100,187 (£10,914 fixed assets + £89,273 current assets) against total liabilities of £72,791 (£60,560 current + £12,231 long-term), resulting in net assets of £27,396. Shareholders’ funds match net assets, which is typical for a micro private limited company. The positive net asset figure and equity base suggest the company is solvent with a reasonable capital buffer for its size. The company operates with a small workforce (average 2 employees), aligning with its micro classification.

3. Cash Flow Assessment:
   Current assets exceed current liabilities by £28,713, indicating positive net current assets and a sound short-term liquidity position. This suggests the company can meet its short-term obligations without liquidity strain. The absence of overdue filings and the presence of cash or equivalents within current assets (though exact cash breakdown is unknown) further supports adequate liquidity. However, being a start-up, cash flow volatility risk remains and should be closely watched.

4. Monitoring Points:

• Monitor subsequent financial statements for revenue growth and profitability trends to assess business trajectory.
• Track working capital ratios and any significant changes in current liabilities to ensure liquidity is maintained.
• Review director changes, especially given the recent resignation of one director in October 2024, for any impact on management quality and governance.
• Watch payment behaviour and credit utilization if credit facilities are granted, given the limited trading history.
• Confirm ongoing compliance with filing deadlines and statutory requirements.