Company Number: 13442993

Analysis Date: 2025-07-29 20:31 UTC

1. Credit Opinion: CONDITIONAL APPROVAL
   SUPERSAVE INC LTD shows a modest but stable net asset position with no current liabilities reported in the latest accounts. However, a significant reduction in current assets from £72k in 2023 to £5k in 2024 and the absence of fixed assets raise concerns about operational scale and liquidity volatility. The company is very small (micro-entity) with no employees, indicating limited operational complexity and potentially constrained cash generation capacity. The recent change in directorship and control to Mr. Sukhpreet Singh, who holds full ownership and voting rights, suggests tight management control but also increased risk concentration. Credit approval should be conditional on monitoring cash flow closely and verifying the sources and stability of working capital.

2. Financial Strength:
   The balance sheet shows net assets of £5,042 for both 2023 and 2024, indicating no deterioration in equity despite a sharp drop in current assets. The company has eliminated its current liabilities as of 2024, improving its short-term solvency. The disappearance of fixed assets (from £11,502 in 2023 to zero in 2024) may indicate asset disposals or write-offs, which could affect operational capacity. Overall, equity is modest and the company operates with minimal tangible asset backing.

3. Cash Flow Assessment:
   The latest accounts show no current liabilities and net current assets of £5,042, but the current asset base has drastically reduced, especially debtors and cash balances. This suggests potential challenges in cash collection or reduced business volume. The absence of employees and minimal capital employed implies limited ongoing cash burn, but also limited internal cash generation. Without recent profit and loss data, it is difficult to assess cash flow from operations, so liquidity remains a key monitoring point.

4. Monitoring Points:

• Monthly cash flow and bank balances to confirm liquidity
• Customer debtor aging and credit risk to understand collection efficiency
• Any new liabilities or trade creditors emerging on filings
• Stability of ownership and management, given recent director change
• Evidence of revenue growth or business expansion in future filings