O'BRIEN CONTAINER STORAGE LIMITED

Executive Summary

O'Brien Container Storage Limited presents a stable micro-entity financial profile with improving net assets and manageable current liabilities. The company’s liquidity and capital structure are modest but adequate for its scale and early stage. Credit approval with conditions and close monitoring of cash flow and operational growth is advisable to mitigate risks associated with its limited trading history and concentrated ownership.

O'BRIEN CONTAINER STORAGE LIMITED - Analysis Report

Company Number: 13655781

Analysis Date: 2025-07-29 15:49 UTC

1. Credit Opinion: CONDITIONAL APPROVAL
   O'Brien Container Storage Limited is a micro-entity operating in warehousing and storage since 2021. The company shows a positive net asset position with growth in shareholders' funds from £41k in 2022 to £103k in 2023. However, current liabilities remain relatively high compared to current assets, suggesting moderate liquidity risk. The absence of employees and limited fixed assets indicates a lean operational model, which may constrain scalability. The company is still in its early years with limited trading history, so cautious credit extension with monitoring is recommended.

2. Financial Strength:
   The balance sheet shows net assets of £102,744 as of October 2023, an improvement from £41,209 in the prior year. Fixed assets have appeared in 2023 (£65,709), likely investments in equipment or facilities supporting storage operations. Current assets declined slightly to £231,864, while current liabilities decreased to £188,401, yielding positive net current assets of £44,844. The company also carries a small long-term creditor balance (£6,537). Overall, the capital structure appears stable with no overdrafts or apparent short-term overdrafts, but the working capital margin is modest.

3. Cash Flow Assessment:
   The company holds a reasonable level of current assets relative to liabilities, implying liquidity to meet short-term obligations. However, detailed cash flow statements are not available; cash balances in 2022 were £75,447 but not disclosed in 2023. The positive net current assets position and increasing net assets suggest some retained earnings or capital injections. Absence of employees may reduce operational cash outflows, but also limits revenue generation capacity. Cash flow sufficiency should be regularly reviewed to ensure timely servicing of debts.

4. Monitoring Points:

• Liquidity ratios and cash flow statements when available, to confirm ongoing ability to cover current liabilities.
• Profitability trends and revenue growth as the company matures beyond micro-entity status.
• Changes in fixed asset investment indicating capital expenditure plans or operational scale-up.
• Director and shareholder stability, given concentration of control among O’Brien family trusts and related entities.
• Any overdue filings or adverse changes in company status or credit ratings.