Company Number: 14123533

Analysis Date: 2025-07-29 15:31 UTC

1. Credit Opinion: CONDITIONAL APPROVAL Monkey Man Media Limited demonstrates modest but improving financial health. The company is micro-sized and relatively new (incorporated in 2022), with limited fixed assets and a small workforce of two employees. The improvement in net current assets from a negative £680 in 2023 to a positive £149 in 2024 indicates better short-term liquidity management. However, current liabilities remain high relative to current assets, suggesting tight working capital. Given the limited trading history and small scale, credit exposure should be conservative and closely monitored. Approval is recommended with conditions on facility size and regular financial reviews.

2. Financial Strength: The balance sheet shows increasing net assets (£485 in 2023 to £1,024 in 2024), which is positive for a young company. Fixed assets are minimal (£1.7k) reflecting limited capital investment. Shareholders’ funds have more than doubled, indicating equity injections or retained earnings. The company carries current liabilities nearly equal to current assets, resulting in slim net current assets (£149), which limits financial flexibility. Accruals and deferred income remain stable around £830, consistent with prior year. Overall, the balance sheet is stable but lacks significant asset backing.

3. Cash Flow Assessment: Current assets largely comprise cash and receivables but are closely matched by current liabilities, indicating tight liquidity. The positive swing from negative working capital to slight positive is encouraging, but the margin remains narrow. The company must maintain careful cash flow management to avoid liquidity strain. The small size and low asset base imply limited ability to absorb shocks or delays in receivables. Cash flow forecasts and debtor aging should be reviewed regularly to ensure timely collections and payments.

4. Monitoring Points:

• Maintain net current assets positive and aim for gradual improvement in working capital.
• Monitor timely payment of trade creditors and ongoing liquidity.
• Watch for any sudden increases in current liabilities or decline in cash balances.
• Review turnover development and profit generation as financial history lengthens.
• Keep track of any changes in ownership or director conduct that could impact governance.