PALLY UTILITIES SERVICES LTD

Executive Summary

Pally Utilities Services Ltd is a newly formed micro entity with a solid balance sheet and strong working capital, indicating good short-term financial health. Limited trading history and scale warrant cautious optimism, but current data supports credit approval with routine monitoring. The company's clean compliance record and stable single-director control further reduce credit risk at this early stage.

PALLY UTILITIES SERVICES LTD - Analysis Report

Company Number: 15209663

Analysis Date: 2025-07-29 14:28 UTC

1. Credit Opinion: APPROVE with low risk. PALLY UTILITIES SERVICES LTD is a newly incorporated micro private limited company with clean and timely filings. Its balance sheet as at 31 October 2024 shows a healthy net asset position and strong net current assets relative to current liabilities, indicating good short-term liquidity and no immediate solvency concerns. The sole director and 100% shareholder demonstrates stable control and there is no evidence of adverse director conduct. However, being a start-up with only one employee and limited trading history, ongoing monitoring is advised.

2. Financial Strength: The company’s fixed assets are minimal (£2,086), typical for a service-oriented consulting entity. Current assets of £6,165 comfortably cover current liabilities of £677, resulting in net current assets (working capital) of £5,488. Total net assets stand at £6,919, all represented as shareholders’ funds, reflecting no external debt. The micro-entity accounting regime and absence of an audit means financial detail is limited, but reported figures indicate sound financial footing for the early stage of operations.

3. Cash Flow Assessment: With current assets significantly exceeding current liabilities, the company appears to have adequate liquidity to meet short-term obligations. The lack of disclosed profit and loss data limits thorough cash flow analysis, but the working capital surplus and absence of overdrafts or loans suggest positive cash flow management to date. Given the single employee structure, operating expenses are likely low, supporting cash preservation.

4. Monitoring Points:

   • Track revenue growth and profitability as the company matures beyond the start-up phase.
   • Monitor any changes in director or ownership structure.
   • Watch for timely submission of next accounts and confirmation statements.
   • Observe any increase in liabilities or external borrowings that could impact liquidity.
   • Review cash flow statements when available to ensure ongoing operational cash sufficiency.