NEPTUNE WEALTH MANAGEMENT LIMITED

Executive Summary

Neptune Wealth Management Limited has demonstrated a solid turnaround from negative to positive equity within two years, supported by improved working capital and shareholder backing. While its micro-entity status and short trading history limit the depth of financial data, current liquidity and capitalization appear adequate to service modest credit facilities. Continued monitoring of profitability, cash flow, and compliance is recommended to mitigate risks associated with its size and early stage of development.

NEPTUNE WEALTH MANAGEMENT LIMITED - Analysis Report

Company Number: 14736704

Analysis Date: 2025-07-29 13:22 UTC

1. Credit Opinion:
   APPROVE with caution. Neptune Wealth Management Limited is a recently incorporated micro-entity with a strong recovery in net assets over the last two years, moving from a negative net asset position of £-6,418 in 2023 and 2024 to a positive £15,120 in 2025. The company shows signs of financial stabilization supported by a shareholder (also the sole director) who appears committed, as evidenced by 100% control and shareholding. The business operates in financial intermediation, which typically generates stable cash flows if client retention and compliance are maintained. However, the limited financial history and small scale necessitate monitoring for consistent profitability and cash flow generation before committing to larger credit facilities.

2. Financial Strength:
   The balance sheet has improved markedly in the latest financial year. Current assets increased from £5,732 to £20,872, while current liabilities decreased from £12,150 to £5,752, resulting in positive net current assets of £15,120. The net asset position turned positive after two years of negative equity, indicating that the company has strengthened its capital base, likely through equity injection or accumulated profits. The company remains small with minimal fixed assets and a lean employee base (2 employees), which keeps overheads low but also limits scalability. Overall, the financial position is currently sound for a micro-entity.

3. Cash Flow Assessment:
   The positive net current assets suggest adequate short-term liquidity to meet liabilities falling due within one year. The significant increase in current assets relative to liabilities is a positive indicator of working capital management. However, without detailed profit and loss or cash flow statements, it is unclear whether the company generates consistent operating cash flows or relies on owner funding. Given the company’s micro status and recent turnaround, liquidity risk appears moderate but should be monitored closely, particularly if growth ambitions increase working capital needs.

4. Monitoring Points:

• Consistent improvement or maintenance of positive net assets and working capital.
• Profitability trends and operating cash flow generation to ensure ongoing debt service capacity.
• Timely filing of accounts and confirmation statements to maintain transparency and regulatory compliance.
• Any changes in control or director conduct, given sole control by one individual.
• Growth in client base or revenues aligned with industry trends in financial intermediation.
• Potential impact of regulatory changes on financial services holding companies.