NEURONZ LIMITED

Executive Summary

NEURONZ LIMITED is a small, active IT consultancy with a stable but modest financial profile showing positive net assets and liquidity. While current financial strength supports short-term obligations, the decline in assets and limited operational scale warrant conditional credit approval with ongoing monitoring of cash flow and business performance. Continued oversight will help ensure the company maintains its ability to service credit facilities as it develops.

NEURONZ LIMITED - Analysis Report

Company Number: 13703224

Analysis Date: 2025-07-20 17:25 UTC

1. Credit Opinion: CONDITIONAL APPROVAL
   NEURONZ LIMITED is a micro-entity with a stable but modest balance sheet and a track record of filing timely accounts and confirmation statements. The company shows positive net current assets and shareholders' funds, indicating an ability to meet short-term obligations. However, its small scale, zero employees, and a decline in current assets from £22,135 in 2023 to £15,789 in 2024 suggest a need for careful monitoring of operational cash flow and future revenue generation before extending credit facilities. Credit approval is recommended with conditions requiring regular financial updates and review of cash flow projections.

2. Financial Strength:
   The company’s net assets decreased from £19,854 in 2023 to £13,709 in 2024, reflecting a reduction in current assets without a corresponding reduction in liabilities. There are no fixed assets reported, indicating limited capital investment and reliance on working capital to operate. Shareholders’ funds mirror net assets, consistent with a micro-entity structure. The balance sheet shows low leverage and no long-term debt, which reduces financial risk but also indicates limited financial cushion or borrowing capacity.

3. Cash Flow Assessment:
   Current liabilities are low at £2,080, and net current assets remain positive at £13,709, suggesting liquidity is adequate to cover short-term debts. However, the decrease in current assets year-over-year highlights potential cash flow constraints or operational challenges. The absence of employees implies low operating overhead but may also mean limited business activity or reliance on contractors/outsourcing. Cash flow should be closely monitored, especially given the scale and recent asset reduction.

4. Monitoring Points:

• Track quarterly cash flow statements and working capital trends to detect any liquidity tightening.
• Monitor turnover and profit trends as the company grows beyond micro-entity status to assess sustainability.
• Review any changes in ownership or director appointments that may affect governance or credit risk.
• Watch for increases in liabilities or delayed filings that might signal financial distress.