W STEWART LTD

Executive Summary

W STEWART LTD is a recently incorporated micro-entity with a strong net asset position and healthy working capital. The company is well-managed by a sole director with full ownership and shows no signs of financial distress. Given the current financials and governance, the company is suitable for credit approval with routine monitoring focused on growth and liquidity maintenance.

W STEWART LTD - Analysis Report

Company Number: 14679089

Analysis Date: 2025-07-29 12:27 UTC

1. Credit Opinion: APPROVE
   W STEWART LTD is a newly established micro-entity with a clean balance sheet and no overdue filings. The company shows positive net current assets and shareholders' funds, indicating sufficient short-term liquidity and equity cushion. The director and sole significant controller is experienced and has full ownership and control. Although the business is in its infancy, the financial position and governance suggest a low risk profile for modest credit facilities.

2. Financial Strength:
   The balance sheet as of 28 February 2024 reports total net assets of £37,394, with fixed assets of £9,953 and current assets of £43,429 against current liabilities of £15,988. This yields net current assets of £27,441, which is a strong working capital position relative to liabilities. The company’s equity fully supports its asset base, reflecting no external debt or onerous obligations. As a micro-entity, the scale is modest but the capital structure is sound.

3. Cash Flow Assessment:
   Current assets primarily represent cash or receivables, providing adequate liquidity to meet short-term commitments. The positive net current assets demonstrate good working capital management for the size and stage of the business. There is no evidence of overdraft or creditor pressure. Given the single employee structure and consultancy nature, cash burn is expected to be low. Cash flow risk is minimal at this point.

4. Monitoring Points:

• Track revenue generation and profitability trends as the company matures beyond its first full financial year.
• Monitor any increase in liabilities or external borrowing that could strain liquidity.
• Keep an eye on director’s credit conduct and any changes in control or ownership.
• Review management accounts periodically to confirm ongoing cash flow adequacy and expense control.
• Watch for timely filing of next accounts and confirmation statements to maintain compliance.