Company Number: 13630379

Analysis Date: 2025-07-19 13:04 UTC

1. Credit Opinion: CONDITIONAL APPROVAL
   TASAMY LTD is a very small micro-entity operating in the professional membership organization sector with a sole director and 100% ownership concentration. The company maintains positive net current assets and net assets, indicating a basic buffer to meet current obligations. However, the declining working capital from £3,690 in 2023 to £2,688 in 2024 and very modest asset base suggest limited financial strength and minimal operational scale. The absence of audit and detailed profit & loss data, typical for micro-entities, restricts full insight into profitability and cash flow quality. Credit approval can be considered with limits commensurate with the size and scale, and with ongoing monitoring.

2. Financial Strength:
   The balance sheet shows a stable though small equity base, with net assets of £2,688 at the 2024 year-end, down from £3,690 the previous year. Current assets have fallen from £5,051 to £3,188, while current liabilities have decreased from £1,361 to £500, maintaining positive net current assets of £2,688. The company carries no fixed assets and employs only one person, indicating very low operational complexity and capital intensity. The small size and decline in net assets suggest vulnerability to unexpected financial shocks.

3. Cash Flow Assessment:
   The limited data implies tight liquidity but positive working capital. Current liabilities are less than one sixth of current assets, which suggests the company can meet short-term obligations. However, the reduction in current assets year-on-year points to potential cash flow constraints or reduced receivables/inventories. Given the micro-entity status, detailed cash flow statements are unavailable, necessitating cautious credit limits and close attention to payment patterns.

4. Monitoring Points:

• Track changes in net current assets and net assets for continued liquidity adequacy.
• Monitor timely submission of statutory filings to avoid compliance risk.
• Observe any significant changes in director or ownership structure given single-person control.
• Review any available management information or bank statements for evidence of consistent cash flow sufficiency.
• Watch for growth or contraction trends in business activities or membership base.