Company Number: 13286489

Analysis Date: 2025-07-20 12:49 UTC

1. Credit Opinion: APPROVE
   Tiagh Consultancy Ltd presents a stable micro-entity financial profile with improving net current assets and net assets over the past three years, indicating positive financial stewardship by management. The company shows a clear capacity to meet short-term obligations with a net current asset position of £28,923 as of 31 March 2024. There is no indication of overdue filings or adverse director conduct. The single director appears committed, and the business operates in IT consultancy, a sector with generally strong demand. The credit risk is low given the improving working capital and absence of liabilities exceeding current assets.

2. Financial Strength:
   The company’s balance sheet reflects healthy financial strength for a micro-entity. Net assets grew from £1,834 in 2021 to £28,923 in 2024, demonstrating retained earnings accumulation or capital injections. Current liabilities have decreased from £125,753 in 2021 to £41,516 in 2024, while current assets remained stable around £70,000, improving net current assets from £1,834 to £28,923. Shareholders’ funds match net assets, indicating no hidden liabilities or off-balance sheet risks. The small capital base (£1) is typical for micro-entities but is supported by consistent asset growth.

3. Cash Flow Assessment:
   The company maintains a positive liquidity position with current assets exceeding current liabilities by £28,923, suggesting sufficient working capital to cover short-term debts. While cash specifics are not detailed, stable current assets and a reduction in creditors indicate good cash management and operational cash flow. The company employs only one staff member, limiting payroll obligations. No off-balance sheet liabilities were reported, reducing hidden liquidity risks.

4. Monitoring Points:

• Monitor ongoing accounts filings to ensure continued compliance and timely submission.
• Watch for changes in current liabilities and assets to detect any deterioration in working capital.
• Review director’s report and any subsequent filings for changes in business strategy or financial commitments.
• Maintain vigilance on client concentration risk given the small scale of operations.
• Track sector performance (IT consultancy) for external risks impacting cash flow.