Company Number: 13219183

Analysis Date: 2025-07-29 14:14 UTC

1. Credit Opinion: APPROVE
   OLD HALL STORAGE LIMITED demonstrates a positive and improving financial position with net assets increasing from £460 in 2023 to £1,977 in 2024. The company maintains a positive net current asset position (£1,778), indicating sufficient short-term liquidity to meet obligations. Absence of overdue filings and stable director appointments further support operational stability. Though a micro-entity with minimal fixed assets and only one employee, the financial trends suggest prudent management and capacity to service modest credit facilities.

2. Financial Strength:
   The company’s balance sheet shows incremental growth in both current assets and net assets over the latest reported period. Current assets have increased from £1,990 to £5,258, while current liabilities remain manageable at £3,480. Fixed assets are minimal (£199), indicating limited capital expenditure but also limited asset backing. Shareholders’ funds have more than quadrupled, reflecting retained earnings or capital injections. Overall, the company exhibits a sound but modest financial base typical of a micro-entity.

3. Cash Flow Assessment:
   Positive net current assets of £1,778 imply the company holds adequate working capital to cover short-term liabilities. The increase in current assets relative to current liabilities suggests improving liquidity. With only one employee and limited fixed assets, operational cash demands are likely low, reducing pressure on cash flows. However, detailed cash flow statements are not provided, so ongoing cash flow monitoring is advisable to ensure sustained liquidity.

4. Monitoring Points:

• Continued tracking of net current assets to confirm liquidity stability.
• Monitor any increase in liabilities or fixed assets that may strain cash resources.
• Watch for any changes in director status or filing compliance to avoid governance risks.
• Evaluate revenue growth or diversification to support scaling beyond micro-entity status.