SECUREBRIX LIMITED

Executive Summary

SECUREBRIX LIMITED demonstrates strong financial health for a micro-entity, with growing working capital and net assets indicating stable and improving liquidity and equity. The company shows no signs of financial distress and is well-positioned for modest growth. Continued prudent financial management and enhanced governance will support ongoing business success.

SECUREBRIX LIMITED - Analysis Report

Company Number: 13952999

Analysis Date: 2025-07-20 11:23 UTC

Financial Health Assessment for SECUREBRIX LIMITED

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1. Financial Health Score: A-

Explanation:
SECUREBRIX LIMITED demonstrates a robust financial position typical of a micro-entity in the IT consultancy sector. Key indicators such as net current assets and net assets have grown steadily year-on-year, reflecting healthy working capital and equity. The absence of overdue filings and consistent director involvement add to the company’s financial and operational stability. Minor caution is noted due to the limited scale of operations and the micro-entity status, which inherently limits the complexity and breadth of financial data available.

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2. Key Vital Signs

Metric	2024 (£)	2023 (£)	Interpretation
Current Assets	209,212	191,308	Healthy cash and receivables base; increasing liquidity.
Current Liabilities	49,047	54,863	Low short-term obligations; manageable debt levels.
Net Current Assets (Working Capital)	160,165	136,445	Strong positive working capital indicates good short-term financial health.
Net Assets (Shareholders’ Funds)	160,165	136,445	Solid equity base, reflecting retained earnings and capital contributions.
Employee Count (Average)	2	1	Growth in workforce points to business expansion.

Interpretation:

• The company’s net current assets (working capital) have increased by approximately 17% year-on-year, indicating a "healthy cash flow" situation where short-term assets comfortably cover current liabilities.
• Net assets growth suggests the business is accumulating value, either through profit retention or capital injection, a positive "diagnostic sign" of financial stability.
• The increase in employees aligns with operational growth but remains modest, consistent with a micro-entity.
• No overdue accounts or returns filings show compliance discipline, reducing any risk of regulatory distress.

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3. Diagnosis

Overall Financial Condition:
SECUREBRIX LIMITED exhibits no symptoms of financial distress. The company’s balance sheet reveals a stable and strengthening financial structure with growing liquidity and equity. The micro-entity status means limited disclosure but the available data shows a business in a stable and expanding phase. The increase in working capital indicates the company is generating or receiving more cash than it needs to cover short-term debts, which is akin to a "healthy pulse" in financial terms.

There are no significant liabilities or red flags such as negative net assets or overdue statutory obligations. The control structure is clear, with directors holding majority shares and voting rights, which can contribute to decisive governance but should be monitored for good corporate governance practices.

Underlying Business Health:
The steady increase in net assets and current assets reflects positive operating results or capital inputs. The director's ability to manage liabilities effectively suggests good financial stewardship. The company’s focus on IT consultancy (SIC 62020) is a sector with generally stable demand, supporting the positive outlook.

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4. Recommendations

1. Maintain Strong Cash Flow Management:
   Continue monitoring cash inflows and outflows closely to preserve the healthy working capital. As the company grows, consider building cash reserves to buffer against any unforeseen downturns.

2. Plan for Growth and Scalability:
   With a growing employee base, implement scalable financial controls and budgeting processes. This will help manage increased operational complexity as the business expands.

3. Enhance Financial Reporting:
   Although exempt from audit, consider voluntary periodic internal reviews or audits to strengthen financial transparency and attract potential investors or clients.

4. Corporate Governance:
   Given the majority control by a single director, maintain robust governance practices—such as clear documentation of decisions and conflict of interest policies—to ensure long-term sustainability.

5. Strategic Investment:
   Explore reinvestment opportunities in technology or staff training to enhance service offerings and competitive advantage.

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