Company Number: 14157181

Analysis Date: 2025-07-29 19:50 UTC

1. Credit Opinion: APPROVE
   Resolve Scaffolding Ltd demonstrates a sound financial position with improving net assets and positive working capital as of the latest accounts. The company shows growth in current assets and cash balances, indicating an enhanced liquidity position. No overdue filings or adverse legal statuses are present, and the director’s background appears clean. These factors support approval for credit facilities, albeit with standard monitoring given the company's relatively short trading history since incorporation in 2022.

2. Financial Strength:
   The company’s net assets increased from £13,465 in FY 2023 to £18,381 in FY 2024, reflecting retained earnings growth and overall financial strengthening. Fixed assets are modest (£16,101) but appropriate for the scaffolding business. Shareholders’ funds have grown, indicating reinvestment or profitability. Deferred tax liabilities are present at £3,044 but are typical and manageable. The balance sheet presents a healthy equity base relative to liabilities, with no indication of over-leverage.

3. Cash Flow Assessment:
   Cash at bank increased significantly to £16,631 from £5,529 year-on-year, supporting solid liquidity. Current assets of £23,741 comfortably exceed current liabilities of £18,417, providing net current assets (working capital) of £5,324. This positive working capital indicates the company can meet short-term obligations without cash flow strain. Debtor levels are rising but remain manageable, and trade creditors have held stable, showing no signs of payment distress.

4. Monitoring Points:

• Monitor continued growth in cash and net current assets to ensure ongoing liquidity.
• Watch debtor aging and credit control effectiveness due to increased trade debtors.
• Track profitability trends given limited historical data and the company’s young age.
• Review director’s loan accounts and tax liabilities for any potential operational cash flow impacts.
• Ensure timely submission of future accounts and confirmation statements to avoid compliance risks.