KON LIFTING LTD

Executive Summary

Kon Lifting Ltd is a newly established micro-entity with a positive but modest net asset base and working capital. Given its limited trading history and scale, credit approval is conditional, with emphasis on monitoring financial progress and cash flow stability. The company’s small size and early stage pose moderate risk, warranting close review as it develops.

KON LIFTING LTD - Analysis Report

Company Number: 15055378

Analysis Date: 2025-07-20 13:31 UTC

1. Credit Opinion: CONDITIONAL APPROVAL
   Kon Lifting Ltd is a newly incorporated micro-entity with its first set of unaudited accounts filed. The company shows a modest positive net asset position (£3,649) and net current assets, indicating minimal but positive working capital. Given the company’s very short trading history (just over one year) and limited financial data, approval is conditional on monitoring future trading performance and cash flow development. The credit facility should be modest and structured with regular review points.

2. Financial Strength:
   The balance sheet is small but positive. Current assets of £15,511 against current liabilities of £11,862 yield net current assets of £3,649, showing a slight liquidity buffer. There are no fixed assets or long-term liabilities reported, which is typical for a start-up micro company in construction activities. Shareholders’ funds equal net assets, confirming no external debt on the balance sheet. The company’s small scale and limited capital base imply limited financial strength but no immediate solvency concerns.

3. Cash Flow Assessment:
   Limited disclosure on cash flow specifics is available; however, the positive net current asset position suggests the company can cover its short-term liabilities from current assets. The average number of employees is 2, indicating a small operational scale and presumably controlled overhead costs. Cash flow risks remain given the early stage of the company, and there is no information on profitability or cash flow from operations yet.

4. Monitoring Points:

• Future annual accounts filings to confirm revenue growth, profitability, and cash flow generation.
• Working capital trends, especially current asset composition and creditor days.
• Any increase in liabilities or gearing levels as the business scales.
• Confirmation of ongoing trading activity and contract wins in the specialized construction sector.
• Director’s management performance and adherence to filing deadlines.