Company Number: 15257873

Analysis Date: 2025-07-29 13:53 UTC

1. Credit Opinion: CONDITIONAL APPROVAL
   MT Counselling Limited is a newly incorporated micro-entity with limited financial history and small scale operations. The company has minimal assets and working capital is negative, indicating tight liquidity. However, there are no adverse filings or overdue returns, and the sole director has full control, suggesting straightforward governance. Given the early stage and modest financial footprint, credit approval should be conditional on provision of personal guarantees or collateral and regular monitoring of cash flow and trading performance.

2. Financial Strength:
   The balance sheet as of 31 October 2024 shows very modest total net assets of £374, consisting mainly of fixed assets (£412) and negligible current assets (£171). Current liabilities (£209) slightly exceed current assets, resulting in negative net current assets of £-38. This indicates limited working capital and potential liquidity constraints. The company’s equity base is minimal, reflecting its recent incorporation and start-up status. No long-term liabilities or significant debt is reported, reducing financial risk.

3. Cash Flow Assessment:
   With only one employee and limited current assets, cash inflows are likely very small and closely matched to payables. Negative net current assets suggest the company may rely on director funding or external support to meet short-term obligations. The absence of detailed profit and loss data restricts full assessment, but the micro-entity status and start date imply limited trading history. Close attention is needed to cash generation and timely receivables collection to avoid liquidity stress.

4. Monitoring Points:

• Timely filing of next accounts (due 31 July 2025) and confirmation statements (due 16 Nov 2024)
• Cash flow trends and working capital position in subsequent periods
• Revenue growth and profitability indicators as trading matures
• Director’s financial support or external financing arrangements
• Any increase in liabilities or overdue payables