MARSHALL’S SECURITY RISK MANAGEMENT CONSULTANCY LIMITED

Executive Summary

Marshall’s Security Risk Management Consultancy Ltd shows early-stage operational challenges with deteriorating liquidity and net asset position over the last year. While still active and compliant with filings, the company’s weakened financial base warrants caution. Credit facilities could be conditionally approved with close monitoring of cash flow and working capital metrics to mitigate repayment risk.

MARSHALL’S SECURITY RISK MANAGEMENT CONSULTANCY LIMITED - Analysis Report

Company Number: NI678138

Analysis Date: 2025-07-29 14:54 UTC

1. Credit Opinion: CONDITIONAL APPROVAL
   Marshall’s Security Risk Management Consultancy Limited is a relatively new private limited company (incorporated 2021) operating in the private security sector. The company’s latest accounts show a significant decline in net current assets from positive £5,478 in 2022 to a negative £627 in 2023, indicating a tightening liquidity position. Shareholders’ funds have also dropped sharply from £6,243 to £164. While the company remains active and has no overdue filings, the erosion of working capital and equity suggests financial stress. Approval for credit facilities could be considered but on a conditional basis, requiring strict monitoring and possibly shorter-term, secured lending to mitigate risk.

2. Financial Strength:
   The balance sheet reveals fixed tangible assets of £791 as of April 2023, relatively stable but small in scale. Current assets have plummeted mainly due to a sharp reduction in cash from £15,061 to £148, with debtors recorded at £485. Current liabilities stand at £1,260, up from previous levels, turning net current assets negative. The company has minimal share capital (£1) and retained earnings have almost been depleted. The contraction in net assets indicates weakening financial resilience and limited buffer to absorb shocks or downturns.

3. Cash Flow Assessment:
   The drastic fall in cash and net current assets signals potential cash flow difficulties. The company’s cash reserves are insufficient relative to short-term liabilities, which may challenge its ability to meet immediate obligations without additional funding or improved operational cash generation. Absence of detailed profit and loss data (exempt filing) restricts full cash flow analysis, but the balance sheet trend suggests working capital management issues. The company’s ability to generate sustainable positive operating cash flows should be closely evaluated before extending credit.

4. Monitoring Points:

• Liquidity trends: Monitor cash balances and net current assets in upcoming periods closely.
• Receivables collection: Watch debtor turnover and impairment risks, given low debtor levels.
• Profitability indicators: Seek future filing of P&L data or management accounts to assess earnings quality.
• Directors’ financial conduct: Ensure no adverse changes or defaults given the company’s tight financial position.
• Timely filing compliance: Maintain up-to-date statutory filings and transparency to avoid regulatory risk.