Company Number: 14762037

Analysis Date: 2025-07-19 12:13 UTC

1. Credit Opinion: APPROVE – Roxie Industries Limited is a newly incorporated micro-entity with a clean and straightforward financial profile. The company maintains positive net current assets and net assets, indicating a modest but stable financial footing. Given its current scale and absence of debt beyond current liabilities, it demonstrates adequate capacity to meet short-term obligations. The company’s single director and 100% shareholder control by an individual with no adverse records support confidence in management quality. However, as a very young company with limited trading history, credit exposure should be moderate and subject to regular review.

2. Financial Strength: The balance sheet at 31 March 2024 shows total net assets of £9,150 with current assets of £13,095 against current liabilities of £3,945, yielding positive working capital of £9,150. No long-term liabilities or fixed assets are reported, typical for a micro-entity in an early stage. The company’s capital is entirely equity funded, reflecting no external debt. This conservative structure limits financial risk but also indicates limited asset base or operational scale at this time.

3. Cash Flow Assessment: The positive net current assets suggest the company has sufficient liquidity to cover current liabilities comfortably. With only one employee and low overhead implied, operating cash requirements should be modest. However, no detailed cash flow statement or profit and loss data is available to assess operational cash generation. Monitoring incoming cash flows and receivables turnover will be important as the business develops.

4. Monitoring Points:

• Track annual turnover and profit development to ensure business growth and sustainability.
• Monitor working capital trends for any tightening liquidity or increased short-term borrowing needs.
• Review director’s filings and any changes in control or appointments.
• Assess timely filing of accounts and confirmation statements to maintain compliance.
• Evaluate credit requests in line with business expansion and financial performance.