PAULINE ELLIOTT ESTATE AGENTS LTD

Executive Summary

Pauline Elliott Estate Agents Ltd is financially sound with a strong liquidity position and growing equity base, supporting its ability to service credit facilities. The company’s consistent net asset growth and controlled liabilities reflect prudent management and low credit risk. Continued monitoring of working capital and sector conditions is advised to maintain credit confidence.

PAULINE ELLIOTT ESTATE AGENTS LTD - Analysis Report

Company Number: NI677555

Analysis Date: 2025-07-29 19:54 UTC

1. Credit Opinion: APPROVE
   Pauline Elliott Estate Agents Ltd demonstrates solid financial health for a micro-entity with consistent growth in net assets over the last three years. The company maintains a strong working capital position, indicating good short-term liquidity and ability to meet debt obligations. There are no overdue filings or adverse legal statuses, and the sole director has maintained stable management since incorporation. Given the nature of the real estate agency business and the absence of significant liabilities, the risk profile is low to moderate. Approval is recommended for credit facilities with standard monitoring.

2. Financial Strength:

• Net assets have increased steadily from £108,712 in 2021 to £258,223 in 2024, reflecting retained profits and equity growth.
• Fixed assets are minimal (£600) consistent with the service nature of the business.
• The balance sheet shows a robust net current asset position of £257,623 at the latest year-end, indicating strong liquidity.
• Current liabilities have reduced significantly from £170,173 in 2023 to £96,109 in 2024, improving the working capital ratio.
• Shareholders’ funds equal net assets, showing no long-term debt; the company is equity funded.

3. Cash Flow Assessment:

• The company holds a large amount of current assets (£353,732) relative to liabilities, suggesting good cash or receivables availability.
• Current liabilities are well covered, supporting short-term debt servicing and operational expenses.
• The stable employee count (2) suggests controlled overheads.
• No indication of cash flow strain or reliance on external borrowing is evident from the available data.

4. Monitoring Points:

• Monitor receivables turnover and debtor aging to ensure current assets remain liquid.
• Watch any changes in current liabilities that may indicate increased short-term borrowing.
• Track revenue and profit trends as detailed accounts become available to confirm ongoing profitability.
• Review director appointments and any changes in management or ownership that may affect governance.
• Keep an eye on external market conditions affecting the real estate sector, which may impact cash flow and asset values.