LUAZUL LTD

Executive Summary

LUAZUL LTD is a newly established micro-entity with a clean balance sheet, no liabilities, and positive net assets, indicating low credit risk at this early stage. The company’s limited operational history and small scale require cautious approval with emphasis on monitoring future financial performance and liquidity. Continued oversight is recommended before considering larger credit exposures.

LUAZUL LTD - Analysis Report

Company Number: 15145603

Analysis Date: 2025-07-29 16:09 UTC

1. Credit Opinion: APPROVE with caution. LUAZUL LTD is a newly incorporated micro-entity with minimal financial history and no debt obligations reported. The absence of liabilities and positive net assets suggest a stable, low-risk profile at present. However, the company’s very early stage of operation and limited operational data warrant ongoing monitoring before extending significant credit.

2. Financial Strength: The balance sheet as of 30 September 2024 shows total net assets of £256, consisting mainly of current assets (£78) and prepayments/accrued income (£147), with negligible fixed assets (£31). There are no creditors or provisions, indicating no outstanding debts. Shareholders’ funds equal net assets, reflecting no external liabilities. The micro-entity status and zero employees confirm a small-scale operation with limited financial complexity.

3. Cash Flow Assessment: Current liabilities are reported as zero, resulting in net current assets of £225, which implies a positive working capital position. However, the low absolute figures and presence of significant prepayments (likely expenses paid in advance) suggest limited cash reserves. The company’s liquidity appears sufficient for current operations but is untested in a stress scenario. No cash flow statement data is available, so assessment is based on balance sheet proxies.

4. Monitoring Points:

• Revenue generation and profit trends in forthcoming accounts to assess growth and sustainability.
• Cash flow statements when available to evaluate operational liquidity and ability to service debt.
• Any increase in liabilities or creditor balances which may indicate financial stress.
• Director activity and any changes in ownership or control that might impact governance.