MJAW HOLDINGS LTD

Executive Summary

MJAW Holdings Ltd is a micro-entity dental practice with strong initial financial footing, showing solid liquidity and equity for its size and age. The company’s current asset coverage over liabilities and absence of debt support a positive credit stance for lending or trade credit. Continued monitoring of operational performance and compliance is recommended as the business develops.

MJAW HOLDINGS LTD - Analysis Report

Company Number: 14590294

Analysis Date: 2025-07-20 16:00 UTC

1. Credit Opinion: APPROVE
   MJAW Holdings Ltd is a newly incorporated micro-entity operating in dental practice activities, controlled fully by Dr. Matthew Whittingham. The company shows a strong net current asset position (£241,587) relative to current liabilities (£77,354), indicating good short-term liquidity to meet obligations. The absence of overdraft or loan disclosures suggests limited external debt, reducing risk. Despite limited trading history (just over one year), the business maintains a solid equity base and no overdue filings, reflecting sound financial stewardship and compliance. Given the nature of the dental industry and single employee setup (likely the director), the company appears adequately capitalized and capable of servicing credit.

2. Financial Strength:
   The balance sheet as of 31 March 2024 reports current assets of £298,897 against current liabilities of £77,354, resulting in net current assets of £241,587. Shareholders’ funds equal net assets at £241,587, demonstrating a strong equity buffer. The company carries no long-term liabilities or fixed assets disclosed, consistent with a micro-entity dental practice startup. The company’s financial structure is therefore conservative and liquid, with no apparent gearing or solvency concerns at this early stage.

3. Cash Flow Assessment:
   Current assets, likely including cash and receivables, comfortably cover current liabilities by over 3:1, indicating strong liquidity and working capital. The absence of debt and the high net current asset position suggest sufficient cash flow to meet short-term commitments. While no profit and loss details are provided, the director’s decision not to file them (per micro-entity exemptions) limits cash flow visibility. Nonetheless, the strong net asset and working capital position imply adequate operational cash flow or capital injection to sustain activities.

4. Monitoring Points:

• Monitor future turnover and profitability to ensure the company moves beyond initial capitalization and sustains cash generation.
• Watch for any increase in liabilities or new debt that might impact liquidity ratios.
• Confirm ongoing compliance with filing deadlines to avoid penalties or regulatory issues.
• Review director’s operational involvement given sole control and single employee status to assess management capacity as business grows.
• Track any expansion in asset base or staffing which may alter credit risk profile.