SAINT LIVING LIMITED

Executive Summary

Saint Living Limited is an early-stage property development company with a weak financial position marked by negative equity and working capital deficits. The directors’ commitment to ongoing financial support mitigates immediate solvency concerns, but credit approval is conditional on continued support and effective cash flow management. Monitoring receivables and liquidity metrics will be essential going forward.

SAINT LIVING LIMITED - Analysis Report

Company Number: 14596952

Analysis Date: 2025-07-29 13:05 UTC

1. Credit Opinion: CONDITIONAL APPROVAL
   Saint Living Limited is a newly incorporated property development and real estate letting company with current financials showing an operating loss and net current liabilities. The negative working capital and shareholders’ funds indicate tight liquidity and a weak balance sheet. However, the directors have committed to providing financial support, which supports going concern. Credit approval is conditional on continued director support and monitoring receivables collection and creditor payment terms closely. The company’s limited trading history and current negative equity necessitate caution.

2. Financial Strength
   The balance sheet reveals a net current liability position of £3,880 at 31 January 2025, worsening from -£2,361 the prior year. Shareholders’ funds are negative at £3,980, reflecting accumulated losses since inception. Current assets are primarily debtors (£1.77m) with negligible cash (£121), while current liabilities (£1.78m) slightly exceed current assets. No fixed assets are disclosed. The financial structure is weak with no equity buffer, exposing the company to liquidity risks if receivables are delayed or creditors demand payment.

3. Cash Flow Assessment
   The company’s cash balance is minimal (£121), indicating limited liquid resources. The large debtor balance suggests significant amounts are tied up in receivables and not yet converted to cash. Negative net current assets imply working capital constraints which could impact timely payment of obligations. The directors’ statement of ongoing financial support is critical to bridging cash flow gaps. Close attention to debtor aging and creditor payment terms is advised to maintain cash flow stability.

4. Monitoring Points

• Receivables collection performance and aging analysis to ensure conversion to cash.
• Creditor payment terms compliance and any supplier pressure for early payment.
• Directors’ financial support commitment and any changes thereto.
• Cash flow forecasts demonstrating ability to meet short-term liabilities.
• Progress and profitability of building development projects and property lettings.