Company Number: 14146908

Analysis Date: 2025-07-29 18:04 UTC

1. Credit Opinion: APPROVE

W Bowyer Limited is a micro private limited company operating in accounting and auditing services since June 2022. The company shows solid financial improvement over the past two years with increasing net assets and working capital, indicating a positive ability to meet short-term obligations. There are no overdue filings or signs of distress, supporting a low-risk credit profile for typical SME credit facilities.

2. Financial Strength:

• The balance sheet shows growth in net assets from £112.7k in 2023 to £151.5k in 2024.
• Fixed assets declined slightly to £50.6k but current assets grew substantially from £86.8k to £143.5k.
• Current liabilities increased modestly but net current assets nearly doubled from £53.1k to £100.9k, reflecting stronger liquidity.
• Shareholders’ funds equal net assets, showing no hidden liabilities.
• The company employs 2 people, consistent with a micro entity classification.

3. Cash Flow Assessment:

• The significant increase in current assets, likely cash or receivables, combined with stable current liabilities, indicates good working capital management.
• Net current assets of £100.9k provide ample short-term liquidity buffer.
• The absence of audit requirements under micro-entity exemptions suggests straightforward financials with no red flags.
• No evidence of negative cash flow or dependence on external funding seen in the data.

4. Monitoring Points:

• Continue to monitor net current assets and liquidity to ensure maintenance of working capital.
• Watch for any sudden increase in current liabilities which could strain cash flow.
• Review future filing deadlines are met to avoid compliance risks.
• Maintain oversight on business growth and profitability trends beyond balance sheet strength, as no profit & loss data is available here.
• Confirm no director changes or adverse credit events occur.