Company Number: 13149080

Analysis Date: 2025-07-29 15:24 UTC

Credit Opinion:
APPROVE. TAN 1 LTD demonstrates strong financial stability for a micro-entity with significant net assets relative to its liabilities. The company shows a solid increase in net current assets and shareholders’ funds over recent years, indicating positive financial management and growth. The absence of debt beyond short-term liabilities and the clean status of filings support creditworthiness for typical small-scale commercial credit facilities.

Financial Strength:
The company has a very healthy balance sheet relative to its size. As of 31 December 2023, TAN 1 LTD holds £240,326 in current assets against a minimal £2,340 in current liabilities, resulting in net current assets of £237,986. Shareholders’ funds have nearly doubled from £132,563 in 2022 to £237,988 in 2023, showing retained earnings or capital injection without any long-term debt. Fixed assets are nominal (£2), reflecting the nature of the business as a holding company (SIC 64209). Overall, the balance sheet is conservative with strong equity backing.

Cash Flow Assessment:
Current assets are predominantly liquid or short-term, suggesting good liquidity and working capital position. The company’s current liabilities are very low, indicating minimal short-term obligations. With net current assets nearly 100 times the current liabilities, the company is well-positioned to meet immediate financial commitments. The increase in current assets from £141,561 in 2022 to £240,326 in 2023 suggests improving liquidity, and there is no indication of cash flow stress.

Monitoring Points:

• Continue monitoring the trend in current liabilities, ensuring they remain manageable relative to current assets.
• Track any material changes in the company’s equity position and working capital to detect early signs of financial distress.
• Review director transactions and related party dealings given the holding company structure and significant control by two individuals.
• Monitor for any changes in business activity or industry classification that may affect asset realizability or income streams.