LANSDOWN MARINE CONSULTANCY LIMITED

Executive Summary

Lansdown Marine Consultancy Limited displays a strong and improving financial position for a micro-entity, with robust working capital and net assets. The company’s clean, low-leverage balance sheet and timely compliance support a credit approval. Monitoring future profitability and liquidity trends will be important to confirm sustained repayment capacity.

LANSDOWN MARINE CONSULTANCY LIMITED - Analysis Report

Company Number: 13855333

Analysis Date: 2025-07-20 13:50 UTC

1. Credit Opinion: APPROVE
   Lansdown Marine Consultancy Limited demonstrates a strong net asset position and healthy working capital for a micro-entity, with net assets increasing from £294.6k to £311.7k in the most recent year. The company has no overdue filings, indicating good compliance and management discipline. Although the company is relatively new (incorporated 2022) and small in scale, its positive balance sheet and low current liabilities suggest adequate capacity to meet short-term obligations and service credit facilities. The absence of audit requirements is typical for micro-entities but limits insight into profitability. Given the stable financial position and sound governance (two directors with significant control), credit approval is warranted with standard monitoring.

2. Financial Strength:

• Net Assets: £311,684 (2024), up from £294,613 (2023), reflecting modest growth in equity.
• Current Assets: Increased to £330,590 from £268,178, primarily cash/debtors, supporting liquidity.
• Current Liabilities: Reduced significantly from £75,035 to £14,333, markedly improving the net current asset position from £296,893 to £316,257.
• Shareholders’ funds equal net assets, confirming no long-term debt and a clean balance sheet.
• Total employees: 2, consistent with micro-entity size, implying low overhead.
  Overall, the company shows a solid and improving financial base with low leverage and good working capital.

3. Cash Flow Assessment:

• Strong net current assets of £316k indicate ample liquidity to cover short-term liabilities.
• Significant reduction in creditors within one year suggests improved cash management or reduced payables.
• Absence of prepayments and accrued income in 2024 (compared to £103,750 prior year) may reflect timing differences but does not obscure liquidity.
• No audit, so detailed cash flow statements are unavailable, but balance sheet trends imply positive operating cash flow or capital injections.
• Working capital coverage ratio is healthy (>20x), indicating excellent short-term financial resilience.

4. Monitoring Points:

• Profitability: Lack of profit and loss account limits evaluation; monitor future filings for earnings trends to confirm sustainable cash generation.
• Creditors and accruals: Watch for any significant increase in short-term liabilities that could strain liquidity.
• Business growth: Track revenue and client diversification to assess ongoing viability and expansion.
• Director conduct and compliance: Continued timely filing of accounts and confirmations is important to maintain creditworthiness.
• Market conditions: Given the consultancy nature, monitor sector risks and any impact on client payment patterns or contract renewals.