LUMIRITHMIC LIMITED

Executive Summary

Lumirithmic Limited exhibits a strong micro-entity financial profile with increasing net assets and excellent liquidity, underpinned by prudent management and compliance. The company’s low liabilities and solid working capital support its capacity to service credit facilities. Continued monitoring of liquidity and market conditions is advisable to sustain creditworthiness.

LUMIRITHMIC LIMITED - Analysis Report

Company Number: 13009639

Analysis Date: 2025-07-20 14:20 UTC

1. Credit Opinion: APPROVE

Lumirithmic Limited demonstrates a strong financial position for a micro-entity with healthy net assets and positive working capital. The company shows no overdue filings, suggesting good compliance and management discipline. The consistent increase in net assets from £433,504 in 2023 to £520,502 in 2024, coupled with low current liabilities, supports confidence in their ability to meet short-term obligations. There is no indication of financial distress or director misconduct. Given these factors, the company appears capable of servicing additional credit facilities.

2. Financial Strength

The balance sheet reflects solid financial strength for a small software development and computer manufacturing business. Fixed assets stand at £193,136, with current assets of £337,232, resulting in net current assets of £327,390. The net asset base of £520,502 indicates a sound equity buffer with no apparent reliance on external debt. The company’s shareholders’ funds have increased year-on-year, demonstrating retained earnings or capital injections supporting growth. The absence of significant liabilities enhances financial stability.

3. Cash Flow Assessment

Current liabilities are minimal at £9,842 relative to current assets, indicating strong liquidity and comfortable working capital coverage. Although detailed cash flow statements are not provided, the cash position implied from prior year data and current asset composition suggests sufficient liquidity to cover operational expenses and short-term debts. The company’s micro-entity status and positive net current assets imply prudent cash management. The stable employee base (13 staff) is manageable within current resources.

4. Monitoring Points

• Continued maintenance of positive net current assets and net asset growth to ensure ongoing liquidity.
• Monitoring any significant increases in current liabilities that could strain working capital.
• Assess impact of any changes in software development or manufacturing markets on revenue streams.
• Keep watch on timely filings to maintain compliance and avoid penalties.
• Review any changes in director ownership or control that could affect governance or financial strategy.