TETELESTAI MINI MART LTD

Executive Summary

Tetelestai Mini Mart Ltd is a micro, newly established retail and postal services company with limited financial history and small working capital. The company currently displays a stable but minimal balance sheet and tight liquidity, warranting cautious credit exposure. Conditional approval is recommended with monitoring focused on cash flow development and business performance in future periods.

TETELESTAI MINI MART LTD - Analysis Report

Company Number: 15020417

Analysis Date: 2025-07-29 20:31 UTC

1. Credit Opinion: CONDITIONAL APPROVAL
   Tetelestai Mini Mart Ltd is a newly incorporated small private limited company operating in retail food and postal services. The company's financial data covers just its first accounting period and shows modest net assets and positive working capital. However, the limited trading history and very low cash balance (£305) require close monitoring. The single director and 100% owner, Mr. Arthur Kwame, appears to have full control, which centralizes management risk. The company presently poses a low credit risk but will need to demonstrate stable cash flow generation and profitability to support ongoing credit facilities. Approval can be granted conditionally with limits commensurate to scale and subject to regular financial updates.

2. Financial Strength:
   The balance sheet as at 31 July 2024 shows net assets of £247 and net current assets of £247, indicating a positive working capital position. The company has minimal fixed assets reported and no long-term liabilities, which is typical for a micro entity in its first year. Shareholders' funds are equal to net assets, reflecting initial capital and accumulated profit. The very low cash balance is a concern, but current liabilities are also minimal (£58), primarily tax and social security. Overall, the financial position is stable but limited in scale and resilience.

3. Cash Flow Assessment:
   Cash at bank and in hand is £305, which is minimal, reflecting the company's recent start and limited trading. Net current assets are positive but driven by very low current liabilities rather than significant current assets. This suggests tight liquidity, and the company will need to manage working capital carefully to meet obligations. No detailed cash flow statement is available, but given the small scale, cash flow volatility risk is high. The company’s ability to generate positive operating cash flow needs to be monitored.

4. Monitoring Points:

• Cash balances and liquidity trends in subsequent filings to ensure capacity to meet short-term obligations.
• Profitability and revenue growth to assess business sustainability beyond initial start-up phase.
• Timely filing of accounts and confirmation statements to maintain compliance and transparency.
• Director conduct and management capacity, given sole control by one individual.
• Changes in liabilities, particularly trade creditors, that may indicate cash flow stress.