TRAN PROPERTY SERVICES LTD

Executive Summary

Tran Property Services Ltd is a recently established micro-entity with a modest but sound balance sheet and positive working capital. While initial financials do not raise immediate concerns, limited trading history and absence of profit data suggest cautious credit exposure. Ongoing monitoring of cash flow and operational performance is recommended before increasing credit limits.

TRAN PROPERTY SERVICES LTD - Analysis Report

Company Number: 14928085

Analysis Date: 2025-07-20 13:19 UTC

1. Credit Opinion: APPROVE with caution. Tran Property Services Ltd is a newly incorporated micro-entity with its first set of accounts filed, showing modest net assets of £4,388 and positive net current assets of £3,555. The company operates in real estate management and trading, which can generate stable fee income. However, given the company's very short trading history (just over one year), small scale, and limited financial data, the credit exposure should be cautiously sized. The absence of profits or cash flow data limits full assessment, but current liquidity indicators are positive.

2. Financial Strength: The balance sheet is small but healthy for a micro-entity. Fixed assets are minimal (£833), indicating low capital intensity, which reduces risk. Current assets of £18,015 against current liabilities of £14,460 yield positive net current assets, reflecting adequate short-term liquidity. Shareholders’ funds equal net assets at £4,388, showing the company is currently equity-funded without long-term debt. As a new private limited company, the financial base is stable but very modest in scale.

3. Cash Flow Assessment: The accounts do not provide explicit cash flow statements or profit and loss figures. However, the positive net current assets suggest working capital is sufficient to meet short-term obligations. The business has only one employee, implying low operating costs. Without detailed cash flow data, we cannot confirm operating cash flow sufficiency, so monitoring cash conversion cycles and receivables/payables management is advised.

4. Monitoring Points:

• Track profitability and cash flow generation as future accounts become available.
• Monitor changes in working capital components, especially debtor and creditor balances.
• Watch for any changes in business scale or asset acquisitions that may increase financial risk.
• Review director’s compliance with filing deadlines and any changes in ownership or management.
• Be alert to sector-specific risks in property management and real estate trading markets.