MY GREEN POWER LIMITED

Executive Summary

MY GREEN POWER LIMITED is a newly established micro-entity with a modest but positive net asset and working capital position, controlled fully by a single director. While its financial footing is currently stable, the limited trading history and tight liquidity suggest cautious credit extension with close ongoing monitoring of cash flows and operational progress. Continued compliance and financial transparency will be essential to reassess creditworthiness over time.

MY GREEN POWER LIMITED - Analysis Report

Company Number: 15105426

Analysis Date: 2025-07-20 11:51 UTC

1. Credit Opinion: APPROVE with caution. MY GREEN POWER LIMITED is a newly incorporated micro-entity in the specialised construction sector with modest financials and a single director who holds full ownership and control. The company shows a positive working capital position and net assets, indicating it can meet short-term obligations. However, the limited trading history (first year) and small scale warrant monitoring before extending larger credit facilities.

2. Financial Strength: The balance sheet as of 31 August 2024 shows total net assets of £3,962, consisting mainly of current assets (£165,061) largely offset by current liabilities (£161,899), resulting in a small positive net current asset position of £3,162. Fixed assets are minimal at £800, typical for a micro-entity. The capital is entirely shareholder funds contributed by the sole director. Overall, the financial position is stable but very modest in scale, reflecting early-stage operations.

3. Cash Flow Assessment: Current assets likely include cash and receivables, but current liabilities are high relative to net assets, leaving a tight liquidity buffer. Net current assets of £3,162 indicate limited working capital available. The company employs only one person, so operating overheads are low, but cash flow risk exists if receivables collection or contract inflows falter. No audit or detailed cash flow statements are available, so liquidity management should be closely observed.

4. Monitoring Points:

• Timely filing of next accounts and confirmation statements to ensure compliance.
• Trends in revenue, profit, and cash flow generation in subsequent filings.
• Changes in current liabilities and receivables levels affecting liquidity.
• Any director changes or ownership dilution.
• Contract wins or sector developments influencing business stability.
• Potential increase in workforce or fixed assets indicating growth.