Company Number: 14071681

Analysis Date: 2025-07-29 19:48 UTC

1. Credit Opinion: CONDITIONAL APPROVAL
   Sandra Oliveira Ltd demonstrates a positive trajectory with increasing net assets and equity from £13,069 in 2023 to £27,999 in 2024. However, the presence of significant non-current liabilities (£32,691 due after more than one year) warrants close scrutiny. The company’s ability to meet short-term obligations appears adequate given current assets exceed current liabilities. Approval is recommended on condition of monitoring the servicing of long-term creditors and ensuring continued profitability and cash flow generation.

2. Financial Strength:
   The company’s balance sheet reflects growth with net assets rising significantly over one year, indicating retained profitability or capital injection. Tangible fixed assets of £34,552 represent investment in business infrastructure, likely supporting operational capacity. Shareholders’ funds increased from £13,069 to £27,999, strengthening the equity base. Current assets at £37,235 comfortably cover current liabilities of £11,097, yielding a strong current ratio (~3.36). The sizeable long-term creditor balance of £32,691 (not present in prior year) may represent a loan or finance lease and increases gearing, but does not yet undermine solvency.

3. Cash Flow Assessment:
   Cash balances increased from £19,367 to £28,591, supporting liquidity. Trade debtors have grown moderately, consistent with business expansion. Working capital is positive at £26,138, improving from £13,069, indicating good short-term financial health. The company’s cash position and net current assets provide sufficient buffer to meet near-term liabilities. However, the impact of long-term liabilities on cash flow should be monitored, especially if repayment schedules are accelerated.

4. Monitoring Points:

• Track the servicing and repayment of the £32,691 long-term creditors to avoid liquidity strain.
• Monitor profitability trends since profit & loss details were not disclosed; sustaining retained earnings growth is critical.
• Watch debtor collection periods to ensure cash inflows remain timely.
• Assess any further capital expenditure plans against available cash and financing.
• Confirm no adverse director or company status changes, especially given the sole director’s significant control.