OXFORD COLLEGE OF FIRST AID LTD

Executive Summary

Oxford College Of First Aid Ltd presents a cautiously improved credit profile with recovering net assets and positive working capital after recent years of strain. While compliant and operational, its modest scale and concentration risk with a single controlling director require a conservative credit limit and active monitoring of cash flow and receivables. Overall, credit approval is recommended with conditional safeguards pending stable cash flow evidence.

OXFORD COLLEGE OF FIRST AID LTD - Analysis Report

Company Number: 03258480

Analysis Date: 2025-11-14 09:47 UTC

1. Credit Opinion: CONDITIONAL APPROVAL
   Oxford College Of First Aid Ltd has demonstrated improved financial health in its latest fiscal year after previous years of fluctuation. The company is active, not in liquidation, and has no overdue filings, suggesting compliance and operational continuity. However, its relatively low asset base and small shareholder funds highlight limited buffers against financial stress. The dependence on a single principal director who also owns 75-100% of shares adds concentration risk. Therefore, credit approval should be conditional on ongoing monitoring of cash flow and receivables, with limits set to safeguard the bank.

2. Financial Strength:
   As of 31 March 2025, net assets stand at £9,279, up significantly from a minimal £341 in the prior year. This improvement is driven by better net current assets of £3,160 versus the prior year's negative £7,489. Fixed assets remain modest at £7,554. Share capital increased sharply to £5,028 from £3, pointing to capital injections or restructuring. Overall, the balance sheet is small but stable, showing a recovery from previous stressed levels. Total liabilities are concentrated in current liabilities of £27,396, primarily trade creditors and tax/social security liabilities.

3. Cash Flow Assessment:
   Cash on hand declined from £15,223 to £13,044, but trade debtors rose markedly from £9,482 to £17,112, partially funding the improved current assets position. The debtor increase may indicate longer receivable cycles or sales growth; monitoring debtor ageing is advised. The company repaid a director loan of £11,423 during the year, indicating some internal cash management but reliance on significant director involvement. Working capital remains positive but tight; liquidity cushions are limited, and cash flow timing should be carefully reviewed.

4. Monitoring Points:

• Debtor quality and collection period to manage credit risk associated with receivables
• Continued profitability and cash generation trends, especially post-year-end
• Maintenance of compliance with filing deadlines and regulatory requirements
• Director and shareholder involvement and any changes in ownership or management
• Changes in current liabilities levels, particularly outstanding tax and social security balances