Company Number: 14156407

Analysis Date: 2025-07-29 20:20 UTC

1. Credit Opinion: APPROVE
   NECTSOL GLOBAL LIMITED demonstrates a positive and improving financial position with healthy net current assets and net assets increasing from £28,266 in 2023 to £42,425 in 2024. The company is small, active, and has no overdue filings or indications of distress. The director confirms going concern status and the business shows sound financial stewardship. Given these factors, the company appears capable of meeting its short-term liabilities and servicing credit facilities. Approval is recommended with routine monitoring.

2. Financial Strength:
   The company holds net current assets of £42,425 (2024) against current liabilities of £17,239, indicating a comfortable liquidity buffer. Total net assets and shareholders’ funds have increased by roughly 50% year-on-year, reflecting retained earnings growth (£28,166 to £42,425). There are no long-term creditors, and the balance sheet is free from debt outside trade and tax creditors, which reduces financial risk. The absence of fixed assets is typical for an IT services business and does not impair overall financial strength.

3. Cash Flow Assessment:
   Cash balances have improved from £9,315 to £17,924 over the year, demonstrating enhanced liquidity. Debtors have increased moderately, which should be monitored for collectability, but still remain well covered by cash and net current assets. Current liabilities remain stable, primarily tax and social security obligations with some other creditors. Working capital management appears effective with no signs of strain or overdue payables.

4. Monitoring Points:

• Debtor collection periods and credit control effectiveness to ensure cash flow remains strong.
• Tax liabilities and social security payments to avoid future accrual or penalty risks.
• Continued profitability and retention of earnings to sustain net asset growth.
• Any significant changes in business scale or credit exposure as the company grows.