Company Number: 12991999

Analysis Date: 2025-07-20 14:31 UTC

1. Credit Opinion: APPROVE
   Shopskinclinic Ltd demonstrates a stable financial position with positive net assets and net current assets that have increased year-on-year. The company shows no overdue filings, indicating good compliance and management oversight. Although small in scale with limited tangible assets and no employees, its consistent net current asset surplus and positive working capital support its capability to meet short-term liabilities and service any modest credit facilities. The director’s continuous involvement since inception suggests stable management with sound financial stewardship.

2. Financial Strength:
   The company’s balance sheet is healthy for its size. Net assets have grown modestly from £1,636 in 2022 to £1,695 in 2023, primarily driven by retained earnings. Tangible fixed assets are minimal (£200), reflecting low capital intensity, suitable for the service nature of the business. Current assets (£2,322) comfortably exceed current liabilities (£827), resulting in net current assets of £1,495, indicating adequate liquidity. The presence of director loans (£81) is minor and manageable. Share capital remains nominal at £100.

3. Cash Flow Assessment:
   Cash on hand increased slightly from £699 to £772, showing stable cash generation or controlled cash usage. Inventory levels have grown moderately from £1,250 to £1,550, which is reasonable and indicates ongoing business activity. The company has no employees, reducing payroll cash outflows. Current liabilities are modest and well covered by current assets, suggesting sufficient working capital to support operations and short-term obligations.

4. Monitoring Points:

• Monitor growth in inventory relative to sales to avoid cash flow strain.
• Watch director loans to ensure they do not excessively increase and impact financial flexibility.
• Observe any changes in operational scale that might require staff or increased capital expenditures.
• Ensure continued timely filing of accounts and returns to maintain compliance and transparency.