SIMON THORPE DESIGN LTD

Executive Summary

Simon Thorpe Design Ltd is a start-up micro-entity with a positive initial financial position but limited trading history. Conditional credit approval is advised with close monitoring of its financial performance and liquidity as it establishes operations. The company’s modest scale and asset-light model warrant prudent credit limits aligned with its evolving financial profile.

SIMON THORPE DESIGN LTD - Analysis Report

Company Number: 15168040

Analysis Date: 2025-07-20 19:04 UTC

1. Credit Opinion: CONDITIONAL APPROVAL
   Simon Thorpe Design Ltd is a newly established micro-entity with limited trading history (incorporated September 2023). The company shows a positive net working capital position (£17,248 current assets vs. £8,085 current liabilities) and modest shareholder funds (£8,663). However, the absence of longer financial history and limited scale (one employee, small turnover implied) suggest cautious credit extension. Approval is recommended with conditions such as monitoring early trading performance, cash flow, and prompt filing of subsequent accounts.

2. Financial Strength:
   The balance sheet reflects a small but positive net asset base and working capital surplus (£9,163). There are no fixed assets reported, indicating an asset-light business model typical of a design consultancy. The company’s equity supports a modest buffer against liabilities. Overall, the financial position is stable for a micro-entity but lacks scale and diversification of assets.

3. Cash Flow Assessment:
   Current assets likely consist primarily of cash and receivables, supporting short-term liquidity. Current liabilities are relatively low, and the company maintains positive net current assets, which is favorable. The single-employee structure suggests operating expenses are minimal, which may help preserve cash flow. However, actual cash flow trends cannot be fully assessed from limited data, so ongoing liquidity monitoring is essential.

4. Monitoring Points:

• Timely submission of next accounts and confirmation statements to ensure compliance and updated financial data.
• Evolution of turnover and profitability to assess capacity to service credit facilities.
• Cash flow statements when available to confirm liquidity trends.
• Continued maintenance of positive net working capital and equity buffer.
• Any changes in director or ownership structure that might affect governance or credit risk.