Company Number: 15077483

Analysis Date: 2025-07-29 12:18 UTC

1. Credit Opinion: CONDITIONAL APPROVAL
   Preserverance Ltd is a newly incorporated micro-entity (less than 2 years old) with minimal financial history and limited asset base. The company shows a very modest net asset position (£478) and working capital (£478), which indicates a fragile financial structure. Given its small scale and early stage, the ability to service debt is uncertain and heavily dependent on future trading performance. Approval on a conditional basis is recommended, subject to obtaining regular, detailed cash flow forecasts and trading updates.

2. Financial Strength:
   The company operates in hospital activities (SIC 86101) and currently holds £5,524 in current assets against £5,046 in current liabilities, yielding a small positive net working capital of £478. Total net assets equal £478, reflecting a very lean balance sheet. There are no fixed assets or long-term liabilities reported. The micro-entity status limits financial disclosure, but the balance sheet suggests minimal financial buffer and limited capital resources. Shareholders' funds are wholly contributed and retained by the sole director and 100% owner.

3. Cash Flow Assessment:
   With only two employees and minimal net current assets, the company’s liquidity is very tight. The reported current assets likely include cash and receivables, but precise cash flow details are not provided. The absence of significant assets or equity reserves means that any unforeseen expenses or delayed receivables could strain liquidity. Monitoring of cash inflows and outflows is critical to ensure ongoing operational viability and ability to meet short-term obligations.

4. Monitoring Points:

• Monthly cash flow and liquidity position to detect early warning signs of cash shortages.
• Timely filing of accounts and confirmation statements to maintain compliance and transparency.
• Any material changes in turnover, profitability, or working capital that affect financial stability.
• Director’s management actions and business development progress, given sole control and decision-making.
• Potential requirement for external funding or capital injection to support growth or buffer risks.