Company Number: 14149804

Analysis Date: 2025-07-29 14:34 UTC

1. Credit Opinion: APPROVE with conditions. MEI Analytics Ltd is a very young private limited company incorporated in 2022 and active in data processing and hosting activities. The company shows positive net current assets of £28,136 and net assets of the same amount as at 30 June 2024, indicating initial capitalization and working capital sufficiency at this early stage. However, the company relies on director loans (£10,359) and has a modest absolute scale, so credit limits should be moderate and reviewed as the business matures.

2. Financial Strength: The balance sheet reflects a start-up phase with a small equity base (£28,136) and no fixed assets reported. Current assets of £65,992, mostly cash (£44,219) and trade debtors (£21,773), are sufficient to cover current liabilities (£37,856). The increase in net working capital from £19 (in 2023) to £28,136 (2024) shows operational improvement. Shareholders’ funds are positive, but the overall financial base remains narrow and dependent on the director’s ongoing support.

3. Cash Flow Assessment: The company’s cash position improved markedly over the year, with cash increasing from £10,958 to £44,219. Trade debtor levels suggest some credit is extended to customers, which appears manageable given the cash cover. Current liabilities include VAT and taxes (£27,391 combined) plus director loans, which require careful monitoring to ensure timely repayment. Liquidity appears adequate for current operations but is limited in absolute terms.

4. Monitoring Points:

• Track cash flow generation and debtor collection efficiency to avoid liquidity stress.
• Monitor director loan balances and repayment terms to assess reliance on insider financing.
• Review growth in turnover and profitability as future accounts become available.
• Watch for any overdue filings or changes in company status.
• Assess any changes in control or director conduct that could impact credit risk.