Company Number: 13188538

Analysis Date: 2025-07-29 16:38 UTC

1. Credit Opinion: APPROVE
   MKD CLEANING LTD demonstrates a stable and improving financial position with positive net assets and liquidity. The company is active, with no overdue filings or compliance issues, and its modest liabilities are well-covered by cash reserves. Given its growth trend and sound management evidenced by consistent reporting, the company appears capable of servicing credit facilities.

2. Financial Strength:
   The balance sheet shows steady growth in net assets from £4,163 in 2021 to £14,460 in 2024, driven primarily by cash accumulation and retention of earnings. Fixed assets are minimal (£1,200 computer equipment), indicating a low capital intensity business. The company maintains low long-term liabilities (£1,500), which is manageable given its asset base. There is no indication of gearing or financial strain.

3. Cash Flow Assessment:
   Cash balances increased from £4,463 in 2021 to £14,760 in 2024, resulting in strong net current assets. Current liabilities remain low and stable at £1,500. This implies good short-term liquidity and working capital management, with sufficient cash to meet near-term obligations without stress.

4. Monitoring Points:

• Maintain close watch on cash flow continuity as the business grows, ensuring working capital remains sufficient to support operations.
• Monitor any changes in liabilities or fixed asset investment that could impact liquidity or leverage.
• Keep track of employee numbers and payroll costs, as current filings report zero employees which may change with expansion.
• Stay alert to any delays in filing returns or accounts which could signal administrative or financial difficulties.