Company Number: 14123145

Analysis Date: 2025-07-29 15:05 UTC

1. Credit Opinion: APPROVE
   Sels and Vims Ltd shows a solid liquidity position and positive net assets with no overdue filings. The company is active, recently incorporated (2022), and operating in a specialized medical practice sector, which typically has stable demand. The low current liabilities relative to current assets and positive working capital indicate the company can meet short-term obligations comfortably. The director has maintained compliance and timely filing, indicating sound management oversight. Given the absence of audit requirements under the small companies regime and modest scale, the financial data suggests low risk for lending.

2. Financial Strength:
   The balance sheet reflects healthy financial strength for a micro/small company. Net assets increased from £76,934 in 2023 to £96,134 in 2024, driven by an increase in debtors and reduction in current liabilities. Shareholders’ funds mirror net assets, showing no long-term debt or external liabilities. The company’s capital structure is entirely equity-based with £100 in share capital and accumulated profits of £96,034. No fixed assets are reported, typical for a service-focused specialist practice.

3. Cash Flow Assessment:
   Cash at bank remains strong at £84,744 in 2024, only slightly lower than the previous year’s £87,474, indicating stable cash flow management. Debtors increased to £17,106, which is manageable given the low current liabilities of £5,716. The resulting net current assets of £96,134 show excellent working capital availability, confirming sufficient liquidity to cover short-term obligations comfortably without reliance on external financing.

4. Monitoring Points:

• Track debtor collection periods to ensure receivables do not increase beyond manageable levels.
• Monitor any growth in liabilities or changes in cash balances to detect liquidity stress early.
• Observe profitability trends as the company matures beyond its initial incorporation years.
• Maintain oversight on compliance with filing deadlines and any changes in director or ownership structure.