RIVERO PROJECTS LTD

Executive Summary

Rivero Projects Ltd demonstrates a stable financial footing for its first year with positive net assets and solid liquidity. However, limited trading history and low capitalization suggest cautious credit exposure. Conditional approval is recommended, subject to ongoing monitoring of cash flow, profitability, and compliance with filing deadlines.

RIVERO PROJECTS LTD - Analysis Report

Company Number: 15425441

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

1. Credit Opinion:
   CONDITIONAL APPROVAL. Rivero Projects Ltd is a newly incorporated private limited company (incorporated January 2024) engaged in management consultancy. The company shows modest net assets of £25,130 and positive working capital at the first year-end. The director is also the sole significant controller, which simplifies governance but concentrates risk. The financials indicate a stable start with no overdrafts or overdue filings, but limited trading history and low equity mean credit exposure should be conservative initially. Approval may be granted with conditions including monitoring of trading performance, cash flow, and timely filing of future accounts.

2. Financial Strength:
   The balance sheet as of 31 January 2025 shows current assets of £63,878 against current liabilities of £38,748, yielding net current assets (working capital) of £25,130. The company holds £46,237 in cash, which is a strong liquidity position relative to liabilities. Fixed assets are nil or negligible. Share capital is minimal (£1), with retained earnings accounting for the net assets figure, suggesting early profitability or capital injections. Overall, the financial position is sound for a start-up, but the scale is small, and capitalization is limited.

3. Cash Flow Assessment:
   Cash reserves of £46,237 provide comfort for near-term liquidity needs. Debtors of £17,641 represent approximately 28% of current assets, indicating some credit risk if collection is delayed but not excessive given the company size. Current liabilities of £38,748 appear manageable. With a single employee (the director), overheads should be low, supporting positive cash flow generation. However, absence of detailed profit and loss data limits full cash flow analysis, so ongoing monitoring is required.

4. Monitoring Points:

• Revenue growth and profitability trends in subsequent accounting periods to confirm business viability.
• Debtor aging and credit control effectiveness to prevent cash flow strain.
• Timely filing of statutory accounts and confirmation statements.
• Director’s management of working capital and any new borrowing requests.
• Potential changes in ownership or control structure that could affect governance or risk profile.