TAN 1 LTD

Executive Summary

TAN 1 LTD shows a robust financial position with strong liquidity and equity for a micro-entity holding company. The company’s increasing net assets and low liabilities support its ability to service credit facilities reliably. Continued monitoring of working capital and equity trends is advised to maintain confidence in its creditworthiness.

TAN 1 LTD - Analysis Report

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.