Company Number: NI688332

Analysis Date: 2025-07-29 18:13 UTC

1. Credit Opinion: CONDITIONAL APPROVAL
   Score Draw Media Ltd demonstrates a solid current asset base relative to current liabilities, indicating good short-term liquidity. However, the company is very young (incorporated 2022), with only a few years of financial history and micro-entity scale, which limits the ability to assess longer-term creditworthiness. Profit and loss data is not available, so profitability and cash flow from operations cannot be confirmed. Approval is recommended with conditions requiring ongoing monitoring of trading performance and timely filing of full accounts including profit and loss information.

2. Financial Strength:
   The balance sheet as of 31 May 2025 shows net assets of £223,691, down slightly from £301,614 the prior year. Fixed assets are minimal (£559), and the company’s strength lies in net current assets (working capital) of £223,132, demonstrating adequate short-term financial resources. The decline in net assets and current assets since 2024 suggests some reduction in liquidity or investment in working capital, warranting attention. Overall, the balance sheet is healthy for a micro entity, with no long-term liabilities reported.

3. Cash Flow Assessment:
   Current assets of £278,556 comfortably exceed current liabilities of £55,424, indicating good liquidity and working capital management. The company’s ability to cover short-term obligations appears strong. However, absence of profit and loss accounts and cash flow statements means operational cash generation and debt servicing capacity cannot be fully assessed. The low fixed assets and small employee base (3 employees) imply low overheads, which may support cash flow stability.

4. Monitoring Points:

• Obtain future full accounts including profit and loss and cash flow statements to assess profitability and operational cash generation.
• Monitor changes in working capital and current ratio to detect any liquidity deterioration.
• Track any increases in liabilities or new borrowings that could impact credit risk.
• Review director and shareholder stability and any changes in control or management that could affect governance.
• Watch compliance with filing deadlines to avoid regulatory penalties or red flags.