Company Number: 14305181

Analysis Date: 2025-07-20 14:11 UTC

1. Credit Opinion: APPROVE
   POULTER FX LIMITED demonstrates a stable and improving financial position for a micro-entity in a niche sector (television programme production). The company exhibits positive net assets and increased shareholders’ funds year-over-year, indicating retained profitability and sound management. There is no evidence of overdue filings or financial distress, and the director’s involvement appears stable with no adverse information. The company’s liquidity and working capital are sufficient to meet current liabilities, supporting its ability to service short-term obligations.

2. Financial Strength:
   The balance sheet shows net assets increased from £32,299 (2023) to £42,866 (2024), a 32.8% improvement, reflecting enhanced equity base and retained earnings. Fixed assets decreased slightly but remain modest (£19,794), appropriate for a micro company. Current assets grew substantially from £42,836 to £70,294, primarily cash or receivables, while current liabilities rose but remained well covered by current assets, yielding net current assets of £37,145. The company has some long-term creditors (£12,888), but overall solvency remains sound. The absence of audit and small company exemption is typical and acceptable at this scale.

3. Cash Flow Assessment:
   The increase in current assets relative to current liabilities suggests good liquidity and working capital management. Net current assets improved marginally (£35,462 to £37,145), indicating stable operational cash flow. Although specific cash flow statements are not available, the growth in working capital coupled with positive net assets implies the company generates or retains sufficient cash to cover operational and short-term financing needs. No indications of strained liquidity or over-reliance on creditor financing have been noted.

4. Monitoring Points:

• Continued monitoring of current liabilities and long-term creditor balances to ensure no undue leverage develops.
• Watch the company’s revenue and profitability trends in the television production sector given its niche market and potential volatility.
• Monitor timely filing of annual accounts and confirmation statements to avoid compliance risks.
• Assess cash flow statements in future filings to confirm liquidity remains robust as the company grows.