Company Number: SC791570

Analysis Date: 2025-07-29 12:44 UTC

1. Credit Opinion: APPROVE with low risk.
   NM51 Ltd is a recently incorporated micro-entity operating in financial services auxiliary activities. Despite its short trading history, the company shows a positive net asset position and working capital, indicating initial financial stability. The director is a financial adviser, suggesting relevant industry expertise. No adverse status or overdue filings are present. The company’s capital structure is sound with no disclosed debt. Given these factors, the company can be considered creditworthy for modest credit facilities, subject to ongoing monitoring.

2. Financial Strength:
   As of the latest accounts (year ended 31 December 2024), NM51 Ltd has total net assets of £15,087 supported by fixed assets of £10,135 and net current assets of £6,884. Current liabilities of £26,317 are covered by current assets of £30,573, yielding a positive working capital position. The small size and micro-entity accounting regime limit detailed profitability data, but the balance sheet reflects prudent financial stewardship with no indication of over-leverage or solvency concerns.

3. Cash Flow Assessment:
   The company maintains a positive net current asset position, which signals adequate short-term liquidity to meet immediate obligations. The accruals and deferred income of £1,932 are minor relative to net assets. Given the lack of detailed cash flow statements, liquidity should be confirmed by reviewing bank statements or management projections. However, current figures do not raise immediate cash flow risk.

4. Monitoring Points:

• Growth trajectory and revenue generation, as no profit and loss data is publicly available yet.
• Working capital trends to ensure current liabilities remain covered as operations scale.
• Director and secretary’s ongoing engagement and any changes in ownership/control.
• Timely filing of subsequent accounts and confirmation statements.
• Any expansion in liabilities or debt that might pressure liquidity.