Company Number: 13599994

Analysis Date: 2025-07-20 15:30 UTC

1. Credit Opinion: APPROVE with monitoring. Opsycom Limited demonstrates improving financial strength and liquidity, with a growing net asset base from £14.5k in 2023 to £54.3k in 2024, supported by increased cash balances and manageable current liabilities. The company shows sound financial stewardship with directors’ loans indicating shareholder support, although the reliance on director funding (£42k loans) requires watchfulness. Business operations appear stable with ongoing compliance and no overdue filings.

2. Financial Strength: The company’s balance sheet is improving, with net assets nearly quadrupling in one year. Tangible fixed assets are minimal (£774) but appropriate for a consultancy business. Shareholders’ funds have increased primarily via retained earnings, reflecting profitability or capital injection. Current liabilities increased but remain covered by cash and net current assets (£53.5k). Overall, the company remains small but financially healthy within the micro/small category thresholds.

3. Cash Flow Assessment: Cash at bank has nearly tripled from £45.8k to £132.1k, indicating strong liquidity and an ability to meet short-term obligations. The net current asset position is positive and improving, reflecting sound working capital management. Director loans have increased, suggesting reliance on internal funding sources for cash flow, which is common in early-stage companies but should be monitored for sustainability.

4. Monitoring Points:

• Continued growth in retained earnings and net assets to reduce dependence on director loans.
• Maintenance of positive working capital and cash balances relative to current liabilities.
• Profit generation consistency, as profit and loss accounts were not filed; reviewing future P&L trends is critical.
• Compliance with filing deadlines to avoid regulatory issues.
• Any changes in director loans or shareholder funding arrangements.