KREYA QA SERVICES LTD

Executive Summary

Kreya QA Services Ltd is a micro-entity IT consultancy with a strong liquidity position and stable net assets, supported by a director shareholder with full control. The company maintains excellent working capital and demonstrates the ability to service short-term obligations. Close monitoring of the director’s loan and financial performance trends is recommended as part of ongoing credit risk management.

KREYA QA SERVICES LTD - Analysis Report

Company Number: 14111678

Analysis Date: 2025-07-29 17:25 UTC

1. Credit Opinion: APPROVE – Kreya QA Services Ltd demonstrates strong liquidity and balance sheet strength for its size. The company is current with all statutory filings and shows no signs of financial distress or overdue liabilities. The director’s loan is interest-free and repayable on demand, indicating no immediate cash flow strain. Given its micro-entity status and stable net assets, it appears capable of meeting short-term credit obligations.

2. Financial Strength: The company holds net assets of £48,324 as of 31 May 2024, slightly down from £49,339 the previous year, reflecting stable equity. Fixed assets are minimal (£1,617), consistent with an IT consultancy business model. Current assets exceed current liabilities significantly, with net current assets of £46,707, indicating a strong working capital position. The balance sheet is well-capitalized relative to the company’s size and activity.

3. Cash Flow Assessment: Current liabilities are very low (£161), and current assets remain healthy (£46,868), giving a current ratio well above 200, which suggests excellent short-term liquidity. The director’s loan balance (£30,098) is classified within debtors, indicating funds advanced by the director to the company rather than external debt, which supports liquidity but requires monitoring. The company’s cash flow appears sufficient for operational needs and servicing any credit facilities.

4. Monitoring Points:

   • Director’s loan balance: Monitor for any changes in loan advances or repayments, as a growing balance may indicate cash flow pressure.
   • Revenue and profitability trends: As micro-entity accounts do not disclose turnover or profit, request additional financial information if credit exposure increases.
   • Timely filing of accounts and confirmation statements: Continue to ensure statutory compliance.
   • Any material changes in current liabilities or asset composition that could impact liquidity.