Company Number: 15162520

Analysis Date: 2025-07-20 18:47 UTC

1. Credit Opinion: CONDITIONAL APPROVAL
   TwoEighty Consulting Limited is a newly incorporated private limited company (incorporated Sept 2023) operating in management consultancy (SIC 70229). The company shows a very modest net asset base (£123) and a slight working capital deficit (£-118), indicating limited financial cushion. While it has no overdue filings and is active with a single director/shareholder controlling 100%, its financial scale and liquidity are minimal. For credit purposes, approval can be considered but should be conditional on limited exposure and regular monitoring, given the company’s infancy, small size, and tight liquidity position.

2. Financial Strength:
   Balance sheet strength is weak but typical of a start-up consultancy. Fixed tangible assets are minimal (£297 net book value) and current liabilities (£8,749) slightly exceed current assets (£8,631), resulting in a net current liability position. Shareholders’ funds of £123 represent a very thin equity base. The company does not appear to have significant debt beyond trade creditors, tax, VAT, and directors’ current accounts. Overall, financial resilience is low, with limited buffer to absorb shocks or delays in receivables.

3. Cash Flow Assessment:
   Cash at bank is low (£2,332), and the company relies on trade debtors (£4,986) and other debtors (£1,313) to fund current liabilities. The working capital deficit and limited cash suggest constrained liquidity, which poses risk in meeting short-term obligations promptly. The director’s current accounts owing £637 indicate possible reliance on director funding to bridge cash flow gaps. As a consultancy, cash flow may be cyclical, so tight management of receivables and payables is critical.

4. Monitoring Points:

• Regular review of cash flow forecasts and debtor ageing to ensure timely collections.
• Watch tax and VAT liabilities closely as these form a large part of current liabilities.
• Monitor any increases in trade creditors and director loans for signs of cash flow stress.
• Track growth in turnover and profitability once reported to assess trajectory beyond start-up phase.
• Confirm timely filing of accounts and confirmation statements continue to avoid regulatory risk.