Company Number: 14408900

Analysis Date: 2025-07-29 15:41 UTC

1. Credit Opinion: APPROVE with low credit risk. UK WORKERS PERMIT LIMITED is a micro-entity incorporated in late 2022, with its first set of accounts filed for the year ending October 2023. The company demonstrates a positive working capital position and no overdue filings, indicating good compliance and operational status. Given the micro size and limited trading history, credit exposure should remain modest, but the early signs show sound financial stewardship by the sole director/shareholder.

2. Financial Strength: The balance sheet as at 31 October 2023 shows current assets of £31,394 against current liabilities of £7,921, resulting in net current assets of £23,473. Net assets and shareholders’ funds are also £23,473, reflecting a clean, debt-light structure. Fixed assets are not reported, indicating a service business model with minimal capital investment. The positive net asset position and absence of long-term liabilities suggest a financially stable foundation.

3. Cash Flow Assessment: The company’s net current assets provide a healthy short-term liquidity buffer. With only one employee and modest liabilities, the company’s working capital is sufficient to meet its immediate obligations. However, no profit and loss data or cash flow statements are available to assess operational cash generation. As a micro-entity, cash flow volatility could be higher, so continued monitoring of cash inflows and outflows is recommended.

4. Monitoring Points:

   • Revenue and profitability trends in subsequent filings to confirm sustainable operations.
   • Changes in current liabilities and working capital to detect liquidity pressures.
   • Director’s continued engagement and any changes in ownership or control.
   • Compliance with filing deadlines and any material changes in business size or activity.
   • Potential growth or diversification plans given the management consultancy SIC code that could impact financial risk.