NOVA FINITOR LTD.

Executive Summary

NOVA FINITOR LTD. shows a stable financial position with increasing net assets and no debt, reflecting good financial stewardship by the sole director. Liquidity is adequate though mainly tied up in accrued income rather than cash, warranting close cash flow monitoring. Overall, the company presents low credit risk suitable for approval with standard oversight.

NOVA FINITOR LTD. - Analysis Report

Company Number: 13639424

Analysis Date: 2025-07-29 13:44 UTC

1. Credit Opinion: APPROVE
   NOVA FINITOR LTD. demonstrates a stable and growing equity base with no current liabilities or debts, indicating a strong capacity to meet short-term obligations. The company is in its early years but shows increasing net assets and positive working capital supported mainly by prepayments and accrued income. The sole director and 100% shareholder, Mr James Michael Partridge, appears to exercise full control, which suggests clear management accountability. Given the absence of liabilities and a clean balance sheet, the company is considered low risk from a credit perspective at this stage.

2. Financial Strength:
   The company falls within the Micro entity category, reflecting modest scale. Fixed assets remain minimal (£547) and current assets are primarily accrued income/prepayments (£2,576 as of 2024) with no cash or trade debtors reported. Net assets improved from £1,157 (Sep 2023) to £3,123 (Apr 2024), indicating retained earnings or capital injections. No debt is recorded, and shareholders’ funds fully support net assets, demonstrating sound capitalization. The balance sheet is clean with no creditors or provisions, highlighting financial prudence but limited asset base.

3. Cash Flow Assessment:
   Liquidity is indicated by positive net current assets (£2,576) mostly in prepayments/accrued income rather than cash or cash equivalents. Absence of current liabilities reduces near-term cash outflows. However, the lack of cash or liquid current assets may pose a risk if immediate cash demands arise. The company has no employees and limited operational scale, suggesting low fixed overheads. Working capital is positive but largely non-cash, so monitoring actual cash inflows and outflows is advisable.

4. Monitoring Points:

• Track cash balances and liquidity closely to ensure operational expenses can be met without delay.
• Monitor growth in trade receivables and cash to confirm conversion of accrued income to cash.
• Observe any increase in liabilities or gearing if credit facilities are sought in future.
• Review director’s operational and financial management as the sole decision-maker to assess governance and risk controls.
• Watch for filing adherence and timely reporting to avoid compliance risks.