Company Number: 14890073

Analysis Date: 2025-07-19 12:06 UTC

1. Credit Opinion: APPROVE
   Rokeby Property Limited is a newly incorporated active micro-entity operating in real estate management and related activities. The company’s balance sheet as of 31 May 2024 shows a solid net asset base (£300,280) with positive working capital and no overdue statutory filings, indicating good compliance discipline. The directors are experienced bankers and a retired individual, suggesting prudent financial stewardship. Although the company is in its infancy with limited operational history and no employees, the absence of liabilities beyond manageable provisions supports its ability to meet short-term obligations. Given these factors, the company presents a low credit risk profile suitable for credit approval, albeit with recognition of its early-stage status.

2. Financial Strength:
   The company holds fixed assets of £292,600, which represent the core of its asset base, likely real estate holdings given its SIC code classification. Current assets of £16,057 exceed current liabilities of £7,605, yielding net current assets of £16,091, which supports liquidity. After accounting for long-term creditors (£7,605) and provisions (£806), net assets stand at £300,280, fully represented by shareholders’ funds, indicating no external debt financing. This strong equity position and clean balance sheet demonstrate financial stability but given the startup nature, asset liquidity and income generation remain to be proven over time.

3. Cash Flow Assessment:
   The micro-entity’s current assets and net working capital are positive, suggesting adequate liquidity to cover short-term obligations. However, with no employees and limited current assets (£16k) largely comprising receivables or cash equivalents, operating cash flow details are unavailable, making cash flow predictability uncertain at this stage. The absence of any off-balance sheet liabilities or contingent exposures adds comfort. Ongoing monitoring of cash inflows from real estate activities will be critical to assess sustainability of cash flow as business operations mature.

4. Monitoring Points:

• Revenue and profitability trends as the company progresses beyond its first year to establish sustainable cash generation.
• Changes in asset valuation and liquidity of fixed assets, considering real estate market conditions.
• Any new borrowing or changes in creditor profile that could impact leverage and solvency.
• Timely filing of future accounts and confirmation statements to maintain regulatory compliance.
• Continued oversight of director conduct and ownership control to ensure stability in governance.