TECHPROUK LIMITED

Executive Summary

TECHPROUK LIMITED is a micro-entity in the mobile phone retail sector with minimal financial resources and a very small operational scale. The company demonstrates a positive but modest working capital position and a clean balance sheet free of long-term debt. Credit approval is possible but should be conditional on low exposure and ongoing financial monitoring due to the early-stage nature and limited financial history.

TECHPROUK LIMITED - Analysis Report

Company Number: 14415916

Analysis Date: 2025-07-29 16:37 UTC

1. Credit Opinion: CONDITIONAL APPROVAL
   TECHPROUK LIMITED is a newly incorporated micro-entity with very limited financial history, showing modest net assets of £1,401. The company’s balance sheet indicates low fixed and current assets with no long-term liabilities, suggesting low financial leverage. However, the small asset base and limited scale of operations present some risk in servicing larger credit exposures. Approval is recommended with conditions such as low credit limits, close monitoring of operating performance, and possibly requiring personal guarantees given the director’s significant ownership and control.

2. Financial Strength:
   The company’s balance sheet as of 31 October 2023 shows total net assets of £1,401, consisting mainly of a small amount of fixed assets (£1,000) and minimal current assets (£500). Net current assets of £400 indicate positive working capital, but the scale is minimal reflecting a very small business footprint. Absence of long-term liabilities reduces financial risk but also indicates limited access to external finance. The micro-entity status and minimal employee count (1) align with an early-stage business profile.

3. Cash Flow Assessment:
   Current assets (£500) exceed current liabilities (£300), resulting in net current assets of £400, which provides a small buffer for short-term liquidity needs. However, the absolute cash and asset levels are very low, limiting operational flexibility and ability to absorb shocks or delays in receivables. The lack of detailed cash flow statements or profit and loss data constrains deeper analysis but the small scale suggests cash flow is tight and dependent on ongoing support from the principal director or external funding.

4. Monitoring Points:

• Growth in turnover and profitability once reported in subsequent accounts.
• Changes in working capital and liquidity ratios to ensure sustainability.
• Timely filing of next accounts and confirmation statements to maintain transparency.
• Any increase in debt levels or credit utilization that might stress cash flows.
• Director’s continued involvement and any changes in ownership or control.