Company Number: 15254385

Analysis Date: 2025-07-29 16:37 UTC

1. Credit Opinion: CONDITIONAL APPROVAL
   MEDI SOURCE SOLUTIONS LIMITED is a newly incorporated micro-entity operating as a temporary employment agency. The company shows positive net current assets and net equity, indicating initial capitalization and a modest liquid buffer. However, with only one accounting period and limited operational history, the credit risk is elevated due to lack of financial track record and scale. Approval is recommended with conditions including regular monitoring of trading performance, cash flows, and timely filing of accounts and returns.

2. Financial Strength:
   The company reports net assets of £3,481, all attributable to shareholders’ funds, with current assets of £7,487 against current liabilities of £4,006. There are no long-term liabilities or fixed assets reported, reflecting its early stage and micro status. The balance sheet is solvent with positive working capital, but the absolute size is small, leaving little financial cushion against adverse events. The absence of debt is positive, but the capital base is modest.

3. Cash Flow Assessment:
   Current assets (mainly cash and receivables) exceed current liabilities by £3,481, suggesting the company has sufficient short-term liquidity to meet obligations. However, the scale of operations is minimal, with only one employee reported, which may limit cash generation capacity. As this is the first financial year, there is no historical cash flow data to assess sustainability. Close attention should be paid to cash flow patterns as trading progresses.

4. Monitoring Points:

• Quarterly or biannual updates on trading results and cash flow statements to track operational progress and liquidity.
• Timely submission of next accounts and confirmation statement to maintain regulatory compliance.
• Any increase in liabilities or deterioration in working capital ratios.
• Expansion plans or capital injections that could affect credit profile.
• Changes in director or ownership structure, especially given sole control by one individual.