TALKING HOUSE NORTH EAST LTD

Executive Summary

Talking House North East Ltd is an early-stage micro-entity with minimal financial resources but no compliance issues. While currently solvent with a small positive working capital, the company's credit risk is moderate due to its nascent financial position and limited trading history. Conditional credit approval is recommended with close monitoring of liquidity and operational performance.

TALKING HOUSE NORTH EAST LTD - Analysis Report

Company Number: 15161934

Analysis Date: 2025-07-20 17:36 UTC

Credit Opinion:
CONDITIONAL APPROVAL. TALKING HOUSE NORTH EAST LTD is a newly incorporated micro-entity in the human health sector, with limited financial history and modest net current assets of £1,329. The company has no overdue filings, indicating compliance discipline, but the scale of operations and financial resources are minimal. Credit should be extended cautiously and with conditions such as regular financial updates and limits aligned to working capital needs until a more robust financial track record is established.

Financial Strength:
The company’s balance sheet at 30 September 2024 shows current assets of £17,130 against current liabilities of £15,801, resulting in a small positive net current asset position of £1,329. There are no long-term assets or liabilities reported, consistent with a micro-entity start-up profile. Shareholders’ funds equal net assets at £1,329, indicating no accumulated reserves or retained earnings yet. Overall financial strength is minimal but stable given the company's age and size.

Cash Flow Assessment:
Limited data is available on cash flow, but the slight positive working capital suggests the company can meet short-term obligations presently. However, the narrow margin between current assets and liabilities leaves little room for cash flow volatility. Given the nature of the business (health activities) and small scale, careful management of receivables and payables will be critical. There is no evidence yet of operating cash inflows or profitability.

Monitoring Points:

• Track growth in current assets and net working capital to ensure liquidity improves.
• Monitor timely filing of accounts and confirmation statements as indicators of governance.
• Watch for any increase in current liabilities that could strain liquidity.
• Review director conduct and credit behavior given their dual control and significant influence.
• Assess operational progress and profitability as more financial data becomes available.