PATELPV LIMITED

Executive Summary

Patelpv Limited is a newly formed micro-entity with a clean but minimal balance sheet and marginal working capital. The company shows no current solvency issues but limited financial history requires cautious credit consideration. Conditional approval is recommended pending further trading evidence and financial updates to verify sustained liquidity and operational viability.

PATELPV LIMITED - Analysis Report

Company Number: 14290993

Analysis Date: 2025-07-20 13:03 UTC

1. Credit Opinion: CONDITIONAL APPROVAL
   Patelpv Limited is a very young micro-entity (incorporated August 2022) operating in the specialist medical practice sector. The company has modest net current assets of £1,009 as of August 2024, indicating marginal working capital. Absence of liabilities beyond current creditors and positive net assets suggest no immediate solvency concerns. However, due to the company's early stage, limited financial history, and minimal asset base, approval should be conditional on continued trading evidence and updated financial information to confirm stability and ability to service any credit facilities.

2. Financial Strength:
   The balance sheet reflects a very small-scale operation with total net assets of £1,009 and no fixed assets disclosed. The current assets (£37,681) roughly match current liabilities (£36,672), yielding a slightly positive net working capital. Shareholders' funds mirror net assets, indicating no borrowings or external debt at present. The micro-entity status means limited disclosed financial detail, but overall the company shows a clean and simple financial position without apparent gearing or accumulated losses.

3. Cash Flow Assessment:
   Current assets likely include cash or equivalents and possibly receivables, sufficient to cover short-term liabilities. The minimal net current asset buffer suggests liquidity is tight but adequate at this stage. With an average employee count of one, operating costs are expected to be low, supporting manageable cash outflows. However, no detailed cash flow statement is available, so ongoing liquidity monitoring is essential, especially if credit facilities are extended.

4. Monitoring Points:

• Timely filing of annual accounts and confirmation statements to maintain transparency and regulatory compliance.
• Growth in net current assets and net profit generation to improve financial resilience.
• Evidence of positive operational cash flows to ensure ongoing liquidity.
• Any increase in liabilities or external borrowings that could impact debt servicing capacity.
• Business development indicators given the company's recent incorporation and reliance on a single employee.