OFFICE MINDER LTD

Executive Summary

Office Minder Ltd is a micro-sized accounting services provider with consistent modest equity but ongoing negative working capital, which constrains liquidity. The company demonstrates reasonable financial stability but requires improved cash flow management to mitigate short-term liquidity risks. Credit facilities can be considered on a conditional basis with close monitoring of liquidity metrics and operational cash flows.

OFFICE MINDER LTD - Analysis Report

Company Number: 13288858

Analysis Date: 2025-07-29 19:16 UTC

1. Credit Opinion: CONDITIONAL APPROVAL. Office Minder Ltd is a micro private limited company operating in accounting and auditing services since 2021. The company shows modest net assets supported primarily by fixed assets, but persistent negative net working capital indicates ongoing liquidity pressure. The firm’s ability to service short-term obligations is strained with current liabilities consistently exceeding current assets. However, the absence of overdue filings and stable shareholder funds reflects reasonable financial discipline. Lending or credit facilities could be considered but should be conditional on improved liquidity management and monitoring of cash flow.

2. Financial Strength: The balance sheet reflects total fixed assets of £27,500 consistently over recent years, with net assets around £13,840 as of March 2024. Shareholders’ funds have slightly increased from £10,549 in 2021 to £13,840 in 2024, showing some retained earnings or capital injection. However, current assets (£14,164) fall short of current liabilities (£29,393), resulting in negative net current assets of £-13,660. This signals reliance on long-term funding or capital to cover short-term debts. Overall, the financial position is stable but constrained by working capital deficits.

3. Cash Flow Assessment: Negative net working capital consistently recorded over four years suggests liquidity risk. The company may face challenges meeting immediate obligations without external funding or cash inflows from operations. The rise in current assets from £5,590 in 2021 to £14,164 in 2024 is positive but not sufficient to cover short-term liabilities. No profit and loss data is available, limiting assessment of operational cash generation. The business should focus on improving cash conversion cycles and reducing short-term creditor exposure to enhance liquidity.

4. Monitoring Points:

• Track net current assets closely to ensure working capital improves or at least stabilizes.
• Monitor cash flow statements (if available) to confirm operational cash generation keeps pace with liabilities.
• Review any changes in creditor terms or concentration risk among suppliers.
• Watch for changes in fixed asset valuations or impairment that could affect equity.
• Keep an eye on director and shareholder activity for capital injections or withdrawals impacting financial strength.
• Observe filing and compliance status for early warning signs of financial distress.