Company Number: 13109224

Analysis Date: 2025-07-20 12:22 UTC

1. Credit Opinion: APPROVE
   Opee Ltd demonstrates a stable financial position with net current assets and net assets slightly improving year-on-year. The company operates in a low-risk sector of retail via internet sales, with a simple structure and one employee, limiting operational risk. No payment delays or overdue filings were noted. The director and majority shareholder, Mrs. Ayesha Javed, shows active management since mid-2023 with clear control. The micro-entity status and consistent net assets imply manageable obligations within its scale, supporting credit approval for modest facilities.

2. Financial Strength:
   The balance sheet reveals healthy liquidity with net current assets of approximately £14,639 as of January 2024, slightly up from £13,967 in 2023. Current liabilities are minimal (£157), indicating low short-term debt exposure. Net assets equal shareholders’ funds, reflecting no long-term liabilities. The company’s small scale and micro-entity reporting limit detail on profitability, but the absence of significant liabilities and steady net assets suggest a sound financial base.

3. Cash Flow Assessment:
   Current assets primarily consist of cash or equivalents, supported by very low short-term creditors, indicating strong working capital and liquidity. The company’s ability to cover current liabilities is robust, with a working capital ratio well above 1. However, the decline in current assets from £23,536 to £14,796 may warrant monitoring to ensure cash inflows remain sufficient for operational needs and any credit servicing.

4. Monitoring Points:

• Track cash balances and current assets to detect any liquidity tightening given the reduction in current assets in 2024.
• Monitor timely filing of annual accounts and confirmation statements to maintain compliance.
• Assess any changes in directors or ownership that could impact governance or financial stewardship.
• Review trading performance when profit and loss data become available to confirm ongoing profitability and cash generation.