PLACEMENT BOX LTD

Executive Summary

Placement Box Ltd is a newly formed micro-entity with a modest but positive net asset position and current assets exceeding current liabilities. While the initial financial footing appears sound, the limited trading history and small capital base warrant cautious credit exposure with conditions and ongoing monitoring. Approval is recommended with emphasis on maintaining compliance and reviewing future financial performance.

PLACEMENT BOX LTD - Analysis Report

Company Number: 14981793

Analysis Date: 2025-07-29 20:41 UTC

1. Credit Opinion: APPROVE with conditions
   Placement Box Ltd is a newly incorporated micro-entity with limited financial history but currently shows positive net current assets and net assets, indicating initial financial stability. Given its micro status and short trading period, the credit exposure should be limited and closely monitored. Approval is recommended with conditions on facility size and ongoing review of trading performance and cash flows.

2. Financial Strength:
   The balance sheet as of 31 July 2024 shows current assets of £23,883 against current liabilities of £16,544, resulting in net current assets of £7,339. Total net assets and shareholders' funds also stand at £7,339, consistent with a small capital base and no long-term liabilities reported. The company has no fixed assets and has not reported any employees, indicating a lean operational structure, likely relying on the director or outsourced services. The balance sheet is healthy for a micro business, but the capital base is minimal.

3. Cash Flow Assessment:
   Current assets primarily consist of liquid or near-liquid items (cash or receivables), but exact composition is not detailed. The positive net working capital suggests the company can meet short-term obligations as they fall due. However, with limited trading history and no reported turnover or profit/loss data, the company’s cash generation capacity is unproven. Close attention should be paid to cash flow trends as business operations develop.

4. Monitoring Points:

• Timely filing of future annual accounts and confirmation statements to maintain compliance and transparency.
• Trading and profitability metrics once the company has a longer operating history.
• Cash flow statements and liquidity ratios to confirm ongoing ability to service debt.
• Changes in ownership or director appointments that might impact governance or control.
• Credit exposures and payment behavior with suppliers to detect any early signs of financial stress.