TTECH GROUP LTD

Executive Summary

Ttech Group Ltd is a newly formed micro-entity with a solid liquidity position and no overdue compliance filings, supporting an initial credit approval with cautious limits. The company’s small size and early stage of trading require close monitoring of cash flow and profitability as business operations develop. Continued financial discipline and timely reporting will be key to sustaining creditworthiness.

TTECH GROUP LTD - Analysis Report

Company Number: 15264903

Analysis Date: 2025-07-29 12:58 UTC

1. Credit Opinion: APPROVE with conditions.
   Ttech Group Ltd is a newly incorporated micro-entity (Nov 2023) with a strong net current asset position (£51,426) relative to current liabilities (£47,114), indicating reasonable short-term liquidity. The company has no overdue filings and shows adequate shareholders’ funds (£53,638) for its size. However, as a start-up with limited operating history and only two employees, the credit exposure should be limited initially and reviewed periodically as trading develops. Approval is recommended with a condition for ongoing monitoring of cash flow and profitability trends.

2. Financial Strength:
   The balance sheet shows modest fixed assets (£2,212) and a healthy current asset base (£98,540), primarily cash or receivables. Net assets equal shareholders’ funds (£53,638), reflecting no long-term debt or external liabilities, which supports financial stability. The micro-entity status and small equity base mean the company’s capacity to absorb losses is limited. The capital structure is simple, with £100 share capital and retained funds contributing to net worth.

3. Cash Flow Assessment:
   Current assets substantially exceed current liabilities, resulting in positive working capital (£51,426), a good indicator of liquidity at this early stage. The company’s ability to meet short-term obligations appears strong. However, as no profit & loss data are available, cash flow sustainability depends on operational performance and management’s ability to convert receivables and control payables efficiently. Early cash flow monitoring is critical.

4. Monitoring Points:

• Timely filing of next accounts and confirmation statements to ensure compliance.
• Evolution of net current assets and liquidity ratios to detect cash flow stresses.
• Profitability and turnover growth as indicators of business viability.
• Management changes or director conduct issues that might affect governance.
• Exposure to client concentration risk given the employment placement agency SIC code.