PATHFINDER ANALYTICS LIMITED

Executive Summary

Pathfinder Analytics Limited is a micro-entity in its start-up phase with a clean balance sheet and strong net current assets relative to liabilities. While it currently shows no trading history or employees, the financial position supports modest credit exposure. Caution is advised until operational cash flows and revenues are established.

PATHFINDER ANALYTICS LIMITED - Analysis Report

Company Number: 15094888

Analysis Date: 2025-07-29 21:00 UTC

1. Credit Opinion: APPROVE
   Pathfinder Analytics Limited is a newly incorporated micro-entity with no history of trading yet. The company shows a healthy net current asset position (£76,245) and no current liabilities beyond £22,275. The sole director and 75-100% shareholder, Mr. Malvik Vaghadia, demonstrates control and presumably close oversight. Given the clean financial position, absence of debt, and no overdue filings, the company appears creditworthy for modest facilities. However, the limited operating history and zero employees suggest credit exposure should be conservative until trading performance is established.

2. Financial Strength:
   The company’s balance sheet at 31 August 2024 shows total current assets of £98,519 against current liabilities of £22,275, providing a strong net working capital of £76,245. No long-term liabilities or fixed assets are reported, consistent with a start-up phase. Shareholders' funds equal the net assets, indicating no external debt financing. The micro-entity status and exemption from audit reflect the small scale of operations. Overall, the financial position is stable but untested operationally.

3. Cash Flow Assessment:
   Current assets are sufficient to cover current liabilities by over four times, indicating good short-term liquidity. The absence of employees suggests low fixed overheads for now, which limits cash burn risk. However, as the company has no trading history or reported revenues, cash inflows are uncertain. Continued monitoring of cash flow statements and working capital management will be critical as business activities commence.

4. Monitoring Points:

• Trading performance and revenue generation once operational
• Changes in working capital, especially cash and receivables
• Increase in current liabilities or introduction of debt facilities
• Director’s management of cash burn and capital deployment
• Timely filing of accounts and confirmation statements as company grows