TKI BOOKKEEPING & ACCOUNTS LTD

Executive Summary

TKI BOOKKEEPING & ACCOUNTS LTD shows a positive financial trajectory with improving net assets and liquidity, supporting a credit approval for moderate facilities. The company’s small scale and limited financial history require ongoing monitoring of working capital and compliance. Overall, the business appears financially stable and well-managed for its size and industry.

TKI BOOKKEEPING & ACCOUNTS LTD - Analysis Report

Company Number: 13436441

Analysis Date: 2025-07-29 15:05 UTC

1. Credit Opinion: APPROVE with monitoring
   TKI BOOKKEEPING & ACCOUNTS LTD is a micro private limited company with a short trading history since incorporation in 2021. The latest accounts (to June 2024) show positive net assets of £14,087 and a healthy increase in net current assets, indicating improved liquidity and working capital management. The company has no overdue filings, and the sole director holds full control with no adverse records. The business shows signs of growth with increased current assets and employment. Given its bookkeeping activities, the risk profile is moderate, but the company’s small scale and limited financial history warrant close monitoring. Approval for modest credit facilities is reasonable, subject to ongoing financial updates.

2. Financial Strength:
   The balance sheet is sound for a micro-entity. Fixed assets have grown modestly from £503 to £3,111 over three years, reflecting some investment in operational resources. Current assets increased significantly to £22,754, predominantly cash or receivables, against current liabilities of £3,325, resulting in strong net current assets of £19,429. The presence of long-term creditors (£8,453 in 2024) should be clarified but does not currently impair net assets. Shareholders’ funds have improved from a negative £52 at inception to £14,087, indicating retained earnings and equity growth. Overall, the company demonstrates a stable and improving financial position with no signs of distress.

3. Cash Flow Assessment:
   The increase in current assets and net working capital suggests good short-term liquidity. The company increased its employee base to 2, which may impact future cash flow, but no indication of strained liquidity exists. The absence of overdue payments or significant creditor pressure supports a positive cash flow outlook. However, detailed cash flow statements were not provided, so continued assessment of operating cash flow and creditor payment terms is recommended before extending larger credit facilities.

4. Monitoring Points:

• Track continued growth in net current assets and net profit margins.
• Monitor any increase in long-term liabilities and their impact on solvency.
• Watch for timely filing of accounts and confirmation statements to ensure compliance.
• Assess the impact of business scaling with new employees on cash flow management.
• Review any changes in director or shareholder structure given sole control by one individual.