Company Number: 14402029

Analysis Date: 2025-07-20 18:15 UTC

1. Credit Opinion: APPROVE

Rok Surveying Ltd presents a stable financial position despite being a newly incorporated entity (October 2022). The company demonstrates positive working capital and net asset growth over two years, indicating prudent financial management and capacity to meet short-term obligations. The director holds full control with relevant industry experience as a quantity surveyor, suggesting sound operational oversight. No overdue filings or signs of financial distress are apparent, supporting a favorable credit stance.

2. Financial Strength:

The balance sheet shows net assets increasing from £12,268 in 2023 to £25,374 in 2024. Current assets rose from £26,841 to £39,577, mainly cash, while current liabilities remained stable around £14,200. Net current assets improved from £12,268 to £25,374, reflecting enhanced liquidity and working capital. The company holds no fixed assets, consistent with its service-oriented business. Equity equals net assets, indicating no external debt. This solid equity base and absence of long-term liabilities reduce financial risk.

3. Cash Flow Assessment:

Cash balances are strong and rising (£26,193 to £38,929), covering current liabilities comfortably (cash to current liabilities ratio approx. 2.7x in 2024). Trade receivables are nominal (£648), suggesting prompt collection or limited credit sales. The company employs no staff currently, limiting cash outflows. Overall, liquidity is robust with minimal risk of cash flow shortfall to meet obligations.

4. Monitoring Points:

• Revenue and profitability data are unavailable; monitoring future income streams is critical to confirm ongoing cash generation.
• The company’s small scale and absence of employees warrant watching for operational capacity constraints.
• Continued timely filing of accounts and confirmation statements should be ensured to mitigate compliance risk.
• Monitor any changes in director or ownership structure that may affect management quality or control.