Company Number: 14154293

Analysis Date: 2025-07-29 17:50 UTC

1. Credit Opinion: APPROVE
   OCPE Limited demonstrates strong financial performance with consistent growth in turnover and profitability. The company shows robust net assets and working capital positions, indicating a solid ability to service debt. There are no indications of financial distress or overdue filings, and the management appears to maintain prudent financial controls. The company’s exposure to intercompany debt (debtor balance owed by group undertakings) requires monitoring but currently does not impair creditworthiness.

2. Financial Strength:
   The balance sheet shows a strong increase in net assets from £264k in 2023 to over £825k in 2024, driven by retained earnings growth. Fixed assets are modest (£25k), typical for a consultancy business. The company holds minimal liabilities (£278 current liabilities), resulting in excellent shareholders’ funds coverage. Net current assets have improved substantially to £800,506, reflecting a very healthy liquidity buffer.

3. Cash Flow Assessment:
   Current assets are predominantly debtors (£800,725), with very low cash on hand (£59). The large debtor balance is owed by group undertakings, which introduces some risk related to intra-group funding and cash flow timing. However, current liabilities are negligible (£278), suggesting minimal short-term cash obligations. The company generated strong operating profits (£657k), which supports ongoing liquidity, but the low cash balance requires attention.

4. Monitoring Points:

• Monitor the collectability and timing of repayment of the large intercompany debtor balance to ensure liquidity is maintained.
• Keep an eye on cash conversion cycle and working capital management, especially as cash on hand is minimal.
• Watch for any change in administrative expenses or profitability trends that could affect retained earnings accumulation.
• Continue to ensure timely filing of accounts and confirmation statements to avoid compliance risk.