SMART VISIONS CONSULTING LIMITED

Executive Summary

Smart Visions Consulting Limited is a recently established micro IT consultancy with a modest but positive net asset position and adequate short-term liquidity. While financially stable at present, the decline in net assets and absence of profit details warrant cautious monitoring. Conditional approval is advised, emphasizing oversight on profitability and cash flow sustainability before extending substantial credit facilities.

SMART VISIONS CONSULTING LIMITED - Analysis Report

Company Number: 14368306

Analysis Date: 2025-07-29 18:58 UTC

1. Credit Opinion: CONDITIONAL APPROVAL
   Smart Visions Consulting Limited is a micro private company operating in IT consultancy since late 2022. The company is active with timely filings and no overdue accounts or returns. The director and sole significant controller, Daniel Gooding, demonstrates stable governance. However, the financial data reveals a modest scale with limited asset base and equity, and a decline in net assets from £18,116 (2023) to £12,757 (2024). The absence of profit and loss data limits insight into operational profitability. Conditional approval is recommended, subject to monitoring future financial performance and cash flow improvements to ensure ongoing debt servicing capability.

2. Financial Strength:
   The balance sheet reflects a very small business with total net assets of £12,757 as of 29 September 2024, down from £18,116 the previous year. Current assets stand at £14,655 against current liabilities of £1,504, generating positive net current assets and working capital. No long-term liabilities are reported. The company’s financial structure is sound but fragile due to the low asset base and equity. The decline in net assets suggests either operational losses or distributions that reduce equity, which should be clarified in future filings.

3. Cash Flow Assessment:
   Liquidity appears adequate given current assets exceed current liabilities by a comfortable margin, supporting short-term obligations. The company employs one person, indicating limited payroll burden. However, the lack of detailed cash flow statements and profit/loss accounts restricts full assessment of cash generation and expenditure patterns. Continuous monitoring of cash flow statements is advisable to confirm the company’s ability to meet creditor demands and potential loan repayments without strain.

4. Monitoring Points:

• Future annual accounts filings to review profitability and net asset trends.
• Cash flow statements or management accounts to evaluate liquidity dynamics more precisely.
• Any changes in director or ownership structure that could impact financial stewardship.
• Industry and market conditions in IT consultancy that may affect revenue stability.
• Timely submission of statutory filings to avoid compliance risks.