SYSTEMS INTELLIGENCE LIMITED

Executive Summary

Systems Intelligence Limited demonstrates a stable financial position with positive working capital and no overdue filings. While net assets declined in the latest year, the company remains liquid and capable of meeting short-term obligations. Approval for credit is recommended with ongoing monitoring of liquidity and profitability trends.

SYSTEMS INTELLIGENCE LIMITED - Analysis Report

Company Number: 13006864

Analysis Date: 2025-07-29 18:25 UTC

1. Credit Opinion: APPROVE with monitoring.
   Systems Intelligence Limited is a micro private limited company operating in management consultancy, with a steady balance sheet and no overdue filings. Although the company shows a reduction in net assets from £61,312 in 2022 to £37,170 in 2023, it maintains positive net current assets and no indications of liquidity stress. The director has been consistent since incorporation, and there are no records of adverse conduct. Given the modest scale and stable financial position, the company is capable of servicing modest credit facilities, but attention should be paid to the recent decline in asset base and current liabilities increase.

2. Financial Strength:
   The company has a minimal fixed asset base (£142), typical for a consultancy, and relies primarily on current assets, which decreased from £62,906 in 2022 to £30,913 in 2023. Current liabilities changed from a negative balance (creditors as a negative liability, i.e., net creditor position) of (£1,808) in 2022 to £6,115 in 2023, indicating a shift to actual payables. Despite this, net current assets remain positive at £37,028, supporting short-term obligations. Shareholders’ funds declined by approximately 40% year-on-year, which warrants monitoring but does not currently indicate insolvency risk.

3. Cash Flow Assessment:
   Current assets mainly consist of cash or equivalents and receivables, with no apparent stock (typical for the sector). The working capital position is positive and sufficient to cover short-term liabilities. The company’s cash conversion cycle appears manageable with only one employee, limiting overheads. However, the significant drop in current assets suggests decreased liquidity which should be observed closely. No audit report or profit and loss data is available, limiting deeper cash flow analysis.

4. Monitoring Points:

• Continued trend in net current assets to ensure liquidity is maintained.
• Movements in current liabilities to assess any emerging payment delays.
• Profitability and cash flow trends once profit and loss accounts become available.
• Director’s ongoing stewardship and any change in management or ownership.
• Timely filing of accounts and confirmation statements to maintain transparency.