Company Number: 14808965

Analysis Date: 2025-07-29 20:58 UTC

1. Credit Opinion: APPROVE with caution. STUDIO GLASS LTD is a newly incorporated micro-entity (since April 2023) with modest assets and positive net working capital, indicating initial financial stability. However, the company’s limited operating history and small scale (only 2 employees) require ongoing monitoring. The absence of any overdue filings or director disqualifications supports management reliability.

2. Financial Strength: The balance sheet as at 30 April 2024 shows fixed assets of £1,837 and current assets of £22,993 against current liabilities of £7,704, resulting in net current assets of £15,289 and net assets of £17,126. The positive equity and working capital position indicate a sound financial base for a micro-entity. However, total asset size is low, reflecting the company’s early stage and limited scale.

3. Cash Flow Assessment: The net current assets position suggests adequate short-term liquidity to meet obligations due within one year. While cash specifics are not detailed, the working capital cushion of approximately £15k provides reasonable assurance of operational liquidity. The small employee base and micro classification imply relatively low cash burn, but close cash flow management is advised.

4. Monitoring Points:

   • Track revenue growth and profitability as the company matures beyond initial start-up phase.
   • Monitor any increase in current liabilities versus current assets that may strain liquidity.
   • Watch for timely filing of future accounts and confirmation statements to avoid compliance risk.
   • Assess any changes in directors or ownership that might impact creditworthiness or governance.
   • Evaluate business expansion or capital expenditure plans that could affect financial leverage.