MAY MCPOLIN LIMITED

Executive Summary

MAY MCPOLIN LIMITED is a newly established micro-entity with nominal financial resources and no operating history, reflecting start-up status. The company’s minimal balance sheet and liquidity restrict credit exposure, but the sole director’s full ownership provides control and potential funding support. Credit approval is possible for limited facilities under strict monitoring and conditional on business development progress.

MAY MCPOLIN LIMITED - Analysis Report

Company Number: NI683913

Analysis Date: 2025-07-29 20:52 UTC

1. Credit Opinion: APPROVE with conditions
   MAY MCPOLIN LIMITED is a very recently incorporated micro-entity with minimal financial activity and a very small balance sheet. The company shows positive net assets of £200 as of 30 November 2024, but this is a nominal amount with very limited operating history or trading evidence (no employees reported). The controlling director holds 100% share capital and voting rights, indicating a closely held business. Given the limited financial data and scale, approval is possible for small credit facilities but subject to close monitoring and possibly requiring personal guarantees or additional security. Lack of trading history and minimal assets limit credit exposure.

2. Financial Strength:
   The company’s balance sheet at the latest year-end shows total net assets of £200, consisting of £100 in fixed assets and £100 in current assets, exactly balancing £100 in current liabilities. The balance sheet is extremely small and immaterial in scale, with no long-term liabilities or provisions. There is no evidence of profitability, cash generation, or operating income. The micro-entity status reflects minimal filing requirements and likely a start-up or dormant phase transitioning to activity.

3. Cash Flow Assessment:
   There is limited information on cash flow, but the micro-entity accounts show a small cash or current asset base of £100 at year-end, with current liabilities of the same amount, resulting in net current assets of £100. This suggests very tight liquidity with no working capital cushion. No employees or operational expenses are reported, indicating minimal cash outflows. The company’s ability to service debt or meet unexpected expenses is very limited and heavily reliant on shareholder funding or director support.

4. Monitoring Points:

• Confirm trading activity and revenue generation in subsequent filings to assess business viability.
• Monitor liquidity closely as current asset levels are minimal and may not cover liabilities if scaled up.
• Track any increases in debt or liabilities that could strain the balance sheet.
• Review director and shareholder support for funding or guarantees.
• Watch for timely filing of accounts and returns to ensure compliance and transparency.