Company Number: 14196608

Analysis Date: 2025-07-29 13:55 UTC

1. Credit Opinion: CONDITIONAL APPROVAL
   SELF STUDYUK LTD is a very young private limited company incorporated in mid-2022, operating in educational support services and business support activities. The latest unaudited abridged accounts to June 2024 show a modest net asset position (£211) and positive working capital (£211). The cash balance has increased notably from £127 to £6,703, improving liquidity. However, overall financial scale and resources remain very limited, with no employees and minimal equity capital. The company’s ability to service larger credit facilities or absorb shocks is constrained. Credit approval should be conditional on facility size limits aligned with the company’s small scale and close monitoring of trading performance and cash flow forecasts.

2. Financial Strength:
   The balance sheet shows a small but positive net asset base of £211 at the latest year-end, improving from a negative net asset position of -£582 the prior year. Net current assets have turned positive (£211) due to a significant increase in cash and current liabilities remaining stable around £6,500. There are no fixed assets or long-term debts reported, indicating a simple capital structure. The shareholder funds are minimal (£211), reflecting a company in an early stage of development. The business is classified as a small company under the Companies Act regime, filing abridged accounts, which limits detailed financial disclosure. Overall, the financial position is fragile but improving.

3. Cash Flow Assessment:
   Cash increased substantially from £127 to £6,703 over the year, which is a positive liquidity signal. Current liabilities remain low and stable at £6,492, giving a small but positive net working capital buffer. The company has no reported employees or staff costs, likely implying low overheads and limited operational expenses. However, the lack of detailed profit and loss information and absence of audit reduce visibility on cash flow sustainability. Continued positive cash flow management will be critical given the limited equity and resources.

4. Monitoring Points:

• Cash balances and liquidity trends in subsequent interim periods to ensure ongoing ability to meet short-term obligations.
• Turnover and profitability development as the company grows, including any new hires or operational expenses.
• Timely submission of annual accounts and confirmation statements to maintain compliance and transparency.
• Changes in current liabilities or introduction of borrowings that may affect financial risk.
• Director and management performance in executing growth strategy and managing risks.