NB CONSULTING (YORKSHIRE) LTD

Executive Summary

NB Consulting (Yorkshire) Ltd is a newly established small business with limited financial history and a very modest equity base. While current assets slightly exceed liabilities, cash resources are tight, and the company relies on director funding to maintain liquidity. Credit exposure should be cautiously limited with ongoing monitoring of cash flow and tax payments to mitigate risk.

NB CONSULTING (YORKSHIRE) LTD - Analysis Report

Company Number: 14671892

Analysis Date: 2025-07-29 18:13 UTC

1. Credit Opinion: CONDITIONAL APPROVAL
   NB Consulting (Yorkshire) Ltd is a very recently incorporated private limited company (Feb 2023) with a small financial footprint as reflected in its inaugural accounts for the period ending Feb 2024. The company shows a positive net current asset position but on a very slim margin (£244). The director, Mr Nigel Edward Blakey, holds full control and has provided a director’s loan, which supports liquidity but also highlights reliance on director funding. Given the early stage of the business, limited trading history, and minimal equity base (£244), credit should be extended cautiously and preferably with monitoring or guarantees in place.

2. Financial Strength:
   The company’s balance sheet shows current assets of £43,913 primarily comprising trade debtors (£23,060), other debtors (£9,874), and a director’s loan (£9,873), matched against current liabilities of £43,669 (mainly corporation tax £32,522 and VAT £10,747). The net asset base of £244 and shareholders funds of £244 reflect minimal equity and no long-term assets or reserves. The company is classified as a small entity under the total exemption full accounts regime. The high tax creditor suggests potential timing or payment issues that should be discussed with management.

3. Cash Flow Assessment:
   Cash at bank is low (£1,106), indicating limited immediate liquidity. The working capital is positive but marginal, and the director’s loan is interest-free and repayable on demand, providing some flexibility. However, the significant tax creditor may pressure cash flow. Receivables are substantial relative to liabilities, but the age and collectability of these debtors should be verified. Overall, cash flow appears tight and depends on efficient debtor collection and director support.

4. Monitoring Points:

• Debtor aging and collection performance, particularly trade debtors and director’s loan repayment.
• Timely settlement of tax liabilities, especially corporation tax and VAT.
• Cash flow trends over the next 12 months and any additional director funding.
• Profitability and turnover development as the company matures beyond its first financial year.
• Any changes in control or director conduct that might impact governance or financial discipline.