MAYECC CONSULTING LTD

Executive Summary

Mayecc Consulting Ltd exhibits a strengthening financial position with increasing liquidity and positive net assets, supported by stable ownership and compliance history. The company’s micro-entity status and sector profile suggest low operational risk, making it a suitable candidate for credit facilities. Continued monitoring of liquidity and governance is recommended to maintain credit quality.

MAYECC CONSULTING LTD - Analysis Report

Company Number: 14095840

Analysis Date: 2025-07-29 18:14 UTC

1. Credit Opinion: APPROVE
   Mayecc Consulting Ltd demonstrates a solid improvement in its balance sheet strength over the last two years, showing a more than eightfold increase in net current assets and shareholders' funds from £1,424 in 2023 to £12,085 in 2024. The company operates in management consultancy (SIC 70229), a sector typically less capital intensive and reliant on expertise, which aligns with the micro-entity status and zero employee count. The sole director and 100% owner, Mrs. Dionne Angelique Barrett-Ferguson, appears stable with no adverse filings or disqualifications. Given the positive working capital, no overdue filings, and clear ownership, the company is assessed as capable of servicing modest credit facilities.

2. Financial Strength:
   The company’s financial position is improving, with current assets rising to £17,333 and current liabilities at £5,248, providing net current assets of £12,085 as of May 2024. This indicates adequate liquidity and a clean balance sheet with no long-term liabilities disclosed. Shareholders’ funds increased substantially from £1,424 to £12,085 within a year, reflecting retained earnings or capital injections. The absence of fixed assets and employees suggests a lean operation with low overheads, which may limit asset security but reduces fixed cost risk.

3. Cash Flow Assessment:
   Current assets primarily consist of cash or receivables, sufficient to cover short-term liabilities by over three times, indicating good short-term liquidity and working capital management. The increase implies improved cash generation or funding during the period. No information on profit and loss or cash flow statements was provided, but the liquidity position and net current asset improvement support a positive cash flow outlook. The absence of employees points to minimal payroll obligations, reducing cash flow pressure.

4. Monitoring Points:

• Maintain or grow net current assets and shareholders’ funds to support ongoing creditworthiness.
• Monitor cash flow closely given the consultancy’s potentially variable income streams.
• Watch for any changes in ownership or director status that may impact governance.
• Ensure timely filing of accounts and confirmation statements continue to avoid compliance risk.
• Assess any future plans for scaling operations or hiring, which may impact financial structure and credit risk.