RPC PROJECT MANAGMENT LIMITED

Executive Summary

RPC Project Managment Limited is a newly formed micro-entity with minimal financial history and weak balance sheet metrics. Negative working capital and limited cash reserves suggest constrained liquidity and high credit risk. Without demonstrated profitability or cash flow, credit approval is not advisable at this stage.

RPC PROJECT MANAGMENT LIMITED - Analysis Report

Company Number: 14961125

Analysis Date: 2025-07-29 18:36 UTC

1. Credit Opinion: DECLINE. RPC Project Managment Limited is a newly incorporated company (June 2023) with only one year of financial data. The latest accounts (period ended June 2024) show minimal net assets (£247) and a working capital deficit of £1,756, indicating liquidity strain. Current liabilities exceed current assets primarily due to corporation tax and other creditors. Cash balance is modest (£27,418) but insufficient to cover immediate liabilities (£29,174). The company’s financial profile and short trading history provide limited evidence of repayment capacity or operational resilience. Without a trading track record or positive cash flow generation, extending credit carries high risk.

2. Financial Strength: The balance sheet is weak and reflects the company's infancy. Fixed assets are minimal (£2,003 net book value) and mainly consist of property, plant, and equipment. Shareholders’ funds are negligible (£247), indicating no significant retained earnings or equity buffer. Current liabilities slightly exceed current assets, resulting in negative net working capital. There is no long-term debt, but the short-term obligations, including a sizeable corporation tax creditor (£13,553), weigh on liquidity. The company is classified as a micro-entity with limited financial scale and no audit requirement, reducing transparency.

3. Cash Flow Assessment: Reported cash of £27,418 is nearly matched by current liabilities of £29,174, leaving very little liquidity cushion. The working capital deficit suggests potential cash flow constraints in the short term. The absence of an income statement limits insight into profitability or operational cash generation. Given the company's recent incorporation and limited financial history, there is no evidence of stable or growing cash flows. Cash flow risk is heightened by the tax creditor and other short-term payables.

4. Monitoring Points:

• Future filing of full statutory accounts including profit and loss statements to assess profitability trends.
• Changes in working capital metrics, especially current asset and liability balances.
• Payment patterns on corporation tax and other creditors.
• Cash flow statements to evaluate operational liquidity and financing needs.
• Any director loans or related party transactions that may affect creditworthiness.
• Business development progress and contract wins to support revenue growth.
• Timeliness of future accounts and confirmation statement filings.