POWERUP PERFORMANCE LIMITED

Executive Summary

Powerup Performance Limited is a newly incorporated micro-enterprise with a stable initial financial position reflected by positive net assets and working capital. The company’s limited trading history warrants cautious credit exposure with ongoing monitoring of cash flow and profitability to support future credit decisions. Current liquidity appears adequate for present commitments, but further financial data is needed to assess long-term creditworthiness.

POWERUP PERFORMANCE LIMITED - Analysis Report

Company Number: 15206098

Analysis Date: 2025-07-20 15:50 UTC

1. Credit Opinion: APPROVE with caution. Powerup Performance Limited is a newly formed private limited company incorporated in October 2023, with its first financial statements filed for the period ending October 2024. The company has modest net assets and positive working capital, indicating initial financial stability. However, the very limited trading history and small scale (2 employees) mean that credit exposure should be moderate and monitored closely until further financial data confirms sustainable cash flows and profitability.

2. Financial Strength: The balance sheet at 31 October 2024 shows total net assets of £6,693 supported by fixed assets of £2,110 and net current assets of £4,583. The current assets (£21,012) exceed current liabilities (£16,429) providing a positive working capital position. As a micro-entity, the company’s scale is very small, with capital and reserves equivalent to net assets. There is no indication of borrowings or contingent liabilities, suggesting a clean balance sheet with limited financial risk at this stage.

3. Cash Flow Assessment: Current assets primarily consist of cash and short-term receivables, providing liquidity to cover current liabilities. The net current assets of £4,583 represent a modest buffer but given the company’s size and infancy, cash flow may be sensitive to operational changes. The absence of detailed profit and loss data restricts deeper cash flow analysis, but the current liquidity position appears sufficient to meet short-term obligations.

4. Monitoring Points:

• Track subsequent trading performance and profitability to confirm sustainable cash generation.
• Monitor working capital trends and any changes in current liabilities that could impact liquidity.
• Review director credit conduct and any new appointments or changes in ownership/control.
• Ensure timely filing of future accounts and confirmation statements to maintain compliance and transparency.
• Observe industry conditions in management consultancy (SIC 70229) for external risk factors.