RUMI LIFE LTD

Executive Summary

Rumi Life Ltd is a small, newly established private company with a healthy net asset base and strong current asset coverage over liabilities, indicating good short-term liquidity. The company demonstrates sound financial stewardship with no overdue filings and clear ownership control. Credit facilities can be approved cautiously, with ongoing monitoring focused on business growth and cash flow stability.

RUMI LIFE LTD - Analysis Report

Company Number: 13910908

Analysis Date: 2025-07-20 16:57 UTC

1. Credit Opinion: APPROVE – Rumi Life Ltd is a newly incorporated micro private limited company with a clean statutory filing record and no overdue accounts or confirmation statements. The financials indicate a modest but positive net asset position, with net current assets of £32,298 and no indications of financial distress. The company is wholly controlled by a single director with a professional background, suggesting stable governance. Given the early stage of the business, credit exposure should be modest and facilities carefully sized to the company’s scale and cash flow capabilities.

2. Financial Strength: The company’s balance sheet as of March 31, 2023, shows total assets less current liabilities of £33,827, fully represented by shareholders’ funds. Fixed assets are minimal (£1,529), reflecting likely limited capital investment to date, while current assets (£40,945) comfortably exceed current liabilities (£8,647), yielding strong net working capital. The micro-entity status means detailed profit and loss data is limited, but the equity position is positive and there are no signs of leverage or external debt. Overall, the financial position is sound but modest in scale.

3. Cash Flow Assessment: Current assets significantly exceed current liabilities, indicating healthy short-term liquidity and working capital sufficiency. The absence of overdrafts or short-term borrowings reported reduces risk of refinancing pressure. However, as a new business with only one employee and limited fixed assets, cash flow volatility is likely and dependent on operational performance not detailed here. Monitoring cash receipts and payments closely will be important for ongoing credit risk assessment.

4. Monitoring Points:

• Business growth trajectory and revenue generation to support future credit needs.
• Timely filing of accounts and confirmation statements to maintain statutory compliance.
• Cash flow trends, particularly working capital cycles and any emerging liabilities.
• Any changes in ownership or director status that might affect control and governance.
• Expansion plans or capital expenditures that could impact financial stability.