Company Number: 12951453

Analysis Date: 2025-07-20 14:28 UTC

1. Credit Opinion: APPROVE
   Vyzon20 Ltd demonstrates a stable and improving financial position with consistent net asset growth and positive working capital. The company is active, compliant with filing deadlines, and under the stewardship of a single director with no adverse records. Its ability to maintain net current assets above liabilities and increase shareholders’ funds signals solid creditworthiness for typical SME lending or credit facilities.

2. Financial Strength:
   The balance sheet shows growth in net assets from £25,209 in 2023 to £34,815 in 2024, reflecting retained profits and sound capital management. Tangible fixed assets have increased, indicating investment in operational capacity. Current liabilities have decreased slightly, and long-term liabilities have increased moderately but remain manageable relative to assets. Share capital is nominal (£1), typical for private limited companies, with accumulated reserves providing the real equity buffer.

3. Cash Flow Assessment:
   Current assets increased from £38,538 to £46,016, driven by higher debtors and cash balances, with cash holding steady around £9,600. Net current assets improved by about £10,000 year-over-year, indicating stronger liquidity and working capital management. Debtors form a significant part of current assets (£36,333), so monitoring debtor aging and collection efficiency is important. The company has sufficient liquidity to meet short-term obligations, with current liabilities at £12,990 well covered by current assets.

4. Monitoring Points:

• Debtor quality and days outstanding given their large proportion of current assets.
• The increase in long-term creditors from £1,652 to £6,626, ensuring this does not stress cash flow.
• Continued profitability to sustain net asset growth and working capital.
• Any changes in director or ownership that could affect governance and credit risk profile.