ROBERT LINDSAY ENERGY LTD

Executive Summary

Robert Lindsay Energy Ltd is a newly established micro-entity showing early signs of financial improvement but remains fragile with negative working capital and minimal equity. Credit provision is possible on a conditional basis, requiring director guarantees and close financial monitoring due to the company’s limited liquidity and short trading history. The business requires careful oversight to ensure it can meet obligations as it grows.

ROBERT LINDSAY ENERGY LTD - Analysis Report

Company Number: 14007800

Analysis Date: 2025-07-29 21:05 UTC

1. Credit Opinion:
   CONDITIONAL APPROVAL. Robert Lindsay Energy Ltd is a micro-entity with a very recent incorporation (2022) and limited financial history. The company currently shows marginal positive net assets (£198) after two years of initial losses and weak liquidity (negative net current assets of £1,342). While there is some improvement from prior years, the company remains undercapitalized and has inadequate working capital to comfortably meet short-term obligations. Extension of credit facilities should be conditional on obtaining personal guarantees from the sole director and shareholder, Mr. Robert Lindsay, as well as regular financial monitoring.

2. Financial Strength:
   The balance sheet indicates very low fixed assets (£1,540) and net assets just above zero (£198) as of the latest year-end (March 2024). The company has shown a progression from negative shareholders’ funds (£-1,860 in 2023) to a slight positive position, signaling early signs of financial stabilization but still fragile equity. The company’s liabilities due within one year (£5,455) exceed current assets (£4,113), resulting in negative net current assets, which implies potential liquidity stress.

3. Cash Flow Assessment:
   The company’s working capital position is weak with negative net current assets, indicating short-term liquidity constraints. The small cash and receivables balance relative to short-term creditors suggests limited buffer for operational disruptions or unexpected cash demands. Given the company’s micro size and only one employee, cash flow appears tightly managed but vulnerable. Ongoing cash flow monitoring and possibly tighter credit terms with suppliers or customers are advisable.

4. Monitoring Points:

• Watch for improvement in net current assets and liquidity ratios.
• Monitor timely filings and updates to confirm ongoing compliance and business activity.
• Track profitability trends in coming years to confirm sustainability beyond initial startup losses.
• Review director’s financial support or guarantees given the company’s limited equity base.
• Confirm no adverse changes in company status or director conduct records.