MARSEGU LTD

Executive Summary

MARSEGU LTD is a newly formed micro-entity with a healthy liquidity position and positive net assets, indicating initial financial stability. Given the company’s small scale and sole director control, credit approval is recommended for modest facilities with ongoing monitoring of cash flow and operational progress. No adverse financial or governance risks are evident at this early stage.

MARSEGU LTD - Analysis Report

Company Number: 15169270

Analysis Date: 2025-07-20 18:08 UTC

1. Credit Opinion: APPROVE
   MARSEGU LTD is a newly incorporated micro-entity (since September 2023) with a clean status and no history of adverse events. The latest filed accounts show positive net current assets and net assets, indicating the company is currently solvent and has a modest working capital surplus. The single director and sole shareholder controls the business fully, which may simplify decision-making but warrants monitoring for governance. Given the early stage and small scale, the credit risk is low at present with no liabilities beyond short-term creditors. Approval is recommended for modest credit facilities consistent with its size and operational scale.

2. Financial Strength:
   The balance sheet as of 30 September 2024 shows fixed assets of £0 and current assets of £8,960, mainly cash or receivables. Current liabilities are low at £1,702, resulting in net current assets of £7,258 and net assets/shareholders’ funds of £7,259. This indicates a strong liquidity position for a micro-entity with no long-term debt or financial leverage. The company is well-capitalized relative to its size and has a positive equity base supported by the director’s investment.

3. Cash Flow Assessment:
   While detailed cash flow statements are not provided, the net current assets position and low current liabilities suggest the company has adequate liquidity to meet short-term obligations. The presence of only one employee and minimal operating scale reduces fixed overheads, likely aiding cash conservation. However, the absence of fixed assets implies investment in infrastructure or equipment is limited, which may constrain growth unless external funding is secured.

4. Monitoring Points:

• Monitor annual filing compliance and timely submission of accounts and confirmation statements.
• Watch cash and receivables turnover to ensure working capital remains positive as operations scale.
• Assess any increase in liabilities or borrowing that could impact liquidity.
• Review director’s ongoing involvement and any changes in management or ownership structure.
• Track revenue growth and profitability metrics once available to evaluate operational sustainability.