MANSELTERS LTD

Executive Summary

Manselters Ltd is a start-up micro-entity with a clean, positive balance sheet and adequate short-term liquidity. The company’s credit profile is currently low risk given limited liabilities and sound initial financial footing. Approval is recommended with ongoing monitoring of trading performance and cash flow as the business develops.

MANSELTERS LTD - Analysis Report

Company Number: 15020425

Analysis Date: 2025-07-29 20:31 UTC

1. Credit Opinion: APPROVE with Monitoring
   Manselters Ltd is a newly incorporated micro-entity operating in tax consultancy and accounting services. The company shows a modest but positive net asset position and working capital, suggesting an initial ability to meet short-term liabilities. Given the company's recent formation (July 2023) and limited financial history, approval is recommended with close monitoring of future trading performance and cash flow stability as the business matures.

2. Financial Strength:
   The balance sheet as of 31 July 2024 shows fixed assets of £160 and current assets of £5,381 against current liabilities of £2,721, resulting in net current assets (working capital) of £2,660 and net assets of £2,820. This positive equity base is typical for a start-up micro business and indicates initial financial stability. The absence of long-term liabilities and a clean balance sheet reduces credit risk at this stage. However, the very small asset base and lack of operational employees highlight limited scale and resources.

3. Cash Flow Assessment:
   Current assets largely consist of cash or equivalents, with no long-term receivables noted. The working capital surplus of £2,660 indicates sufficient liquidity to cover short-term obligations. No audit or detailed profit and loss figures are available, but the absence of employees and small asset base suggest low overhead costs. Monitoring cash inflows from client payments and managing operating expenses will be critical to maintain liquidity as the business grows.

4. Monitoring Points:

• Track timely filing of next accounts and confirmation statements to ensure compliance and transparency.
• Monitor future profitability and cash flow trends as trading activity increases.
• Watch for any emerging liabilities or credit exposures that could strain liquidity.
• Assess director conduct and any changes in ownership or control that may impact governance or creditworthiness.
• Review client concentration risk given the consultancy nature of the business.