Company Number: NI682655

Analysis Date: 2025-07-20 14:47 UTC

1. Credit Opinion: APPROVE
   PM CLEANING DGN LIMITED demonstrates a positive financial trend with increasing net assets over the past two years. The company is small and micro-entity classified, with modest fixed assets and manageable current liabilities. The business appears stable, with no overdue filings or indications of financial distress. The director has full control and is actively managing the company, which supports sound stewardship. Given the stable position and increasing equity, credit facilities could be approved with routine monitoring.

2. Financial Strength:
   The company’s net assets have grown from £3,572 in 2023 to £6,844 in 2024, reflecting a strengthening balance sheet. Fixed assets increased from £4,320 to £7,776, suggesting some reinvestment in tangible assets. Current liabilities remain low relative to assets (£3,032 liabilities vs £2,100 current assets), though net current assets are slightly negative in 2024 if we consider current liabilities exceed current assets by £932; this may be a presentation inconsistency but the reported net current assets figure is positive in the financial information section. Overall, shareholders’ funds have nearly doubled, indicating retained earnings or capital injections improving equity.

3. Cash Flow Assessment:
   Current assets are low (£2,100) and slightly below current liabilities (£3,032), which indicates limited short-term liquidity. However, as a micro-entity with a small employee base (2 employees) and presumably low operating expenses, cash flow demands may be minimal. The company’s ability to generate positive net assets despite tight working capital suggests the business is managing cash effectively. Monitoring receivables and payables will be important to ensure ongoing liquidity.

4. Monitoring Points:

• Working capital position: Watch for fluctuations in current assets and liabilities to avoid liquidity strain.
• Profitability and retained earnings growth: Confirm continued increases in net assets through future filings.
• Director activity and control: Maintain oversight of management actions, particularly as a single director with full control.
• Filing compliance: Ensure accounts and confirmation statements remain timely to avoid regulatory risk.