MARIGAR LTD

Executive Summary

Marigar Ltd is a start-up with a small but profitable first year, showing initial financial stability and no liabilities. Given the limited trading history and scale, credit approval should be conditional on continued positive performance and compliance. Close monitoring of turnover growth and liquidity is essential to ensure sustainable creditworthiness as the business develops.

MARIGAR LTD - Analysis Report

Company Number: 15489125

Analysis Date: 2025-07-29 19:24 UTC

1. Credit Opinion: CONDITIONAL APPROVAL
   Marigar Ltd is a newly incorporated private limited company with its first financial year just ended. The company reported modest turnover of £33,930 with an operating profit of £22,090, indicating initial profitability. However, the small scale of operations and limited financial history warrant caution. Approval is recommended subject to ongoing monitoring of trading performance, cash generation, and timely filing of accounts.

2. Financial Strength:
   The balance sheet shows total fixed assets of £3,672, which are office equipment, with net assets equal to this amount. The company has no current liabilities reported, suggesting no short-term debt obligations at this stage. Shareholders’ funds correspond to the issued share capital of £3,672. The financial position is very modest but stable, typical for a start-up trading for just over one year.

3. Cash Flow Assessment:
   No detailed cash flow statement is available, but the profit of £22,090 and absence of current liabilities imply positive working capital management. The company employs one person, limiting payroll burden. Cash liquidity appears adequate for current scale, but the absence of external financing or reserves means any increase in working capital needs or unforeseen costs could strain resources.

4. Monitoring Points:

• Growth in turnover and diversification of income sources over the next 1-2 years.
• Timely submission of future accounts and confirmation statements to maintain good compliance standing.
• Monitoring cash flow cycles, especially working capital changes as business scales.
• Any emergence of debt financing or credit facilities and their servicing capacity.
• Director and shareholder conduct remains clean; no adverse records noted.