Company Number: 13047069

Analysis Date: 2025-07-29 16:16 UTC

1. Credit Opinion: CONDITIONAL APPROVAL
   REVOLT BIKES LTD (formerly EASTHAM PROPERTY SERVICES LIMITED) is a micro-entity with very modest financials and limited operational scale. The company shows a small positive net asset position (£884) as of the last financial year-end (Nov 2023) and maintains a positive working capital (£884). However, the absolute values are minimal, indicating limited financial buffer. Given the company’s micro size, recent name change, and single employee, credit exposure should be carefully managed and possibly limited. Approval is conditional on monitoring cash flow closely and understanding the purpose and expected financial trajectory of the business, as well as any external support or guarantees.

2. Financial Strength:
   The balance sheet shows a very small but positive net asset base (£884) and net current assets of the same value, reflecting that short-term liabilities are currently covered by current assets. The company’s share capital is nominal (£1), and equity has improved slightly from £1 the prior year, indicating some growth or capital injection. There are no fixed assets reported, and current assets are low in absolute terms (£4,843). Overall, the financial strength is very limited, typical of a micro-entity in early stages or low turnover business, and is vulnerable to any unexpected expenses or downturns.

3. Cash Flow Assessment:
   The limited current assets versus current liabilities suggest the company can meet short-term obligations but with very little liquidity cushion. There is no detailed cash flow statement available, but net current assets of £884 provide a narrow working capital margin. The company employs only one person, which suggests low fixed overheads, but the cash flow is likely sensitive to timing of receivables and payables. Without evidence of steady cash inflows or reserves, liquidity risk is elevated.

4. Monitoring Points:

• Regular review of trading performance and cash flow forecasts to ensure ongoing liquidity.
• Watch for any late filing or deterioration in net current assets.
• Monitor director changes and related party transactions given the recent change in control and company name.
• Understand the nature of business activities under the SIC codes to assess revenue sustainability and market risks.
• Check for any increases in short-term liabilities or reliance on external funding.