Company Number: 13062641

Analysis Date: 2025-07-20 13:42 UTC

1. Credit Opinion: APPROVE with conditions.
   NON STOP GAMING LTD shows a stable micro-entity financial profile with growing net asset value and shareholder funds over the last four years. The company is active, compliant with filings, and has no overdue accounts, which supports credit reliability. However, current assets are very low compared to current liabilities, indicating potential liquidity pressure that requires monitoring. Approval is recommended provided that the company demonstrates improved short-term liquidity or access to working capital to cover immediate obligations.

2. Financial Strength:
   The company’s net assets have increased from £9,479 in 2020 to £25,055 in 2023, reflecting accumulation of retained earnings or capital injections. Fixed assets are stable around £40k, showing investment in long-term gaming equipment or vehicles related to their mobile gaming business. Despite this, current assets remain low (below £2k) while current liabilities are significant (around £15k), resulting in negative net current assets positions each year. Overall, the balance sheet shows moderate equity but weak liquidity.

3. Cash Flow Assessment:
   The working capital deficit is a concern, with current liabilities exceeding current assets by approximately £13-16k annually. This suggests the company may rely on credit terms or owner funding to meet short-term obligations. The increase in net assets indicates profitability or capital support, but cash flow from operations is not evident from the data. A detailed review of cash flow statements would be necessary to confirm the ability to service debt. At present, liquidity constraints imply a need for careful cash flow management.

4. Monitoring Points:

• Track current ratio and net current assets closely to ensure working capital remains manageable.
• Monitor timely settlement of creditors and any changes in credit terms from suppliers.
• Review cash flow statements for operating cash generation and any reliance on related party funding.
• Observe trends in revenue and profitability as reported in future accounts to confirm business growth and resilience.
• Keep watch on director’s conduct and any changes in ownership or control that could affect governance.