LAPORTE ASSOCIATES LTD

Executive Summary

Laporte Associates Ltd is a newly established micro-entity with a stable initial financial position characterized by positive net assets and working capital. The company currently demonstrates adequate liquidity to meet short-term obligations under the management of an experienced director. Given limited operating history, credit approval is recommended with ongoing monitoring of financial and operational developments.

LAPORTE ASSOCIATES LTD - Analysis Report

Company Number: 14722150

Analysis Date: 2025-07-20 12:31 UTC

1. Credit Opinion: APPROVE
   Laporte Associates Ltd is a newly incorporated micro-entity with its first set of accounts filed for the initial 13-month period ending 31 March 2024. The company shows a positive net asset position and modest working capital, indicating initial financial stability. There are no overdue filings or signs of financial distress. The single director and majority shareholder, Mr. Ian Richard Broadway, has relevant industry experience as a recruitment consultant, which supports sound management oversight. Given the company’s current scale and micro-entity status, it appears capable of meeting short-term obligations. However, limited financial history and small asset base suggest monitoring is advisable before extending significant credit.

2. Financial Strength:
   The balance sheet shows total fixed assets of £300 and current assets of approximately £31,601 against current liabilities of £26,751, resulting in net current assets of £4,851 and net assets of £5,151. The positive net asset figure and net working capital demonstrate that the company’s short-term assets exceed immediate liabilities, which is a positive indicator for financial health at this early stage. Shareholders’ funds equal net assets, reflecting no long-term debt or external financing. The company’s financial strength is modest but adequate for a micro-enterprise.

3. Cash Flow Assessment:
   Current assets mainly comprise cash and equivalents or receivables, supporting liquidity to cover short-term liabilities. Net current assets of £4,851 provide a buffer for operational expenses and creditor payments. The micro-entity accounts do not detail cash flow statements, but the working capital position and absence of overdue creditors imply reasonable liquidity. As a micro company with one employee, cash flow requirements are likely minimal, but cash management should be monitored as the business grows.

4. Monitoring Points:

• Future profitability and cash generation as the company matures beyond its initial year.
• Changes in current liabilities that may pressure liquidity.
• Timely filing of accounts and confirmation statements to maintain good standing.
• Any changes in management or ownership structure that could affect governance.
• Expansion or investment plans requiring additional capital or borrowing.