LONGHOUSEMAN LIMITED

Executive Summary

LONGHOUSEMAN LIMITED demonstrates a sound initial financial position with positive net assets and adequate working capital for its size. The company’s micro-entity status and limited trading history warrant ongoing cash flow monitoring and prudent credit limits. Overall, the company is creditworthy on a conditional basis with close review of financial performance going forward.

LONGHOUSEMAN LIMITED - Analysis Report

Company Number: 14527397

Analysis Date: 2025-07-29 14:03 UTC

1. Credit Opinion: APPROVE with conditions.
   LONGHOUSEMAN LIMITED is a recently incorporated micro-entity with modest assets and a positive net asset position. The company shows no overdue filings and current directors have full control with no adverse records. However, limited financial history and modest scale warrant monitoring cash flow closely before increasing credit exposure.

2. Financial Strength:
   The balance sheet as of 31 December 2023 shows total net assets of £12,142, consisting of fixed assets (£10,424) and net current assets (£12,551) after accounting for short-term creditors (£4,304). Long-term creditors of £9,871 and accruals of £962 reduce total assets but the company retains positive shareholders’ funds. As a micro-entity with 2 employees, the financial base is small but stable with no signs of distress.

3. Cash Flow Assessment:
   Current assets of £16,855 against current liabilities of £4,304 provide a comfortable short-term liquidity buffer. Net current assets indicate adequate working capital to meet obligations in the near term. However, no detailed cash flow statement is available, so ongoing monitoring of receipts and payments is recommended especially given limited operating history.

4. Monitoring Points:

• Track quarterly cash flow and liquidity ratios to ensure operational cash sufficiency.
• Monitor creditor and debtor days as business volume grows.
• Review any changes in director or shareholder structure that could affect governance or control.
• Watch for timely submission of future accounts and confirmation statements to maintain compliance.