TIME SHARP LTD

Executive Summary

Time Sharp Ltd is a micro-entity with minimal financial resources and a marginally positive working capital position. The company demonstrates compliance and no immediate distress but its very limited scale and equity suggest credit should be provided cautiously with tight limits. Close monitoring of liquidity and management stability is advised to ensure ongoing creditworthiness.

TIME SHARP LTD - Analysis Report

Company Number: 13786146

Analysis Date: 2025-07-20 17:29 UTC

1. Credit Opinion: CONDITIONAL APPROVAL
   Time Sharp Ltd is a micro private limited company with very limited financial history and resources. The company shows positive net current assets (£843) and net assets (£423) for the latest year ending 31 December 2023, indicating a marginally positive working capital position. However, its scale is very small with minimal fixed assets and equity. The company’s ability to service credit depends heavily on its cash flow and ongoing operational performance, which is limited given only one employee and very low asset base. The company has no overdue filings and appears compliant. Management changes in 2025 may introduce some uncertainty. Credit facilities could be considered but with tight limits and close monitoring.

2. Financial Strength:
   The balance sheet shows current assets of £19,796 mainly balanced against current liabilities of £18,953, yielding a net current asset position of £843. Net assets at £423 reflect a very small equity base, primarily share capital of £1 and retained earnings or reserves that are minimal or nil (not disclosed in detail). The lack of fixed assets suggests the business is likely service-oriented or digital retail, consistent with SIC 47990 (Other retail sale not in stores). Overall financial strength is weak due to minimal capitalisation and thin asset base, but no signs of distress as liabilities are contained within current assets.

3. Cash Flow Assessment:
   While detailed cash flow statements are not provided, the company’s working capital is positive but tight. Current liabilities almost equal current assets, leaving a small buffer of £843. This indicates limited liquidity to absorb shocks or delays in receivables. The company’s ability to generate cash internally or access external funding will be critical. The presence of only one employee and minimal operational scale implies low overheads, which may help manage cash flow risk. However, without profit and loss data, cash flow sustainability is uncertain.

4. Monitoring Points:

• Watch for any increase in current liabilities that could erode working capital.
• Monitor director changes and their impact on governance and financial control.
• Review forthcoming financial statements for evidence of profit generation or cash flow improvements.
• Assess any changes in business activity or scale, especially given the micro entity status.
• Keep track of filing compliance to avoid penalties or regulatory issues.