Company Number: 14418646

Analysis Date: 2025-07-29 17:28 UTC

1. Credit Opinion: CONDITIONAL APPROVAL
   WEBTECH TECHNOLOGIES LTD is an active micro-entity with a relatively strong net asset position (£283k) for its size. However, the company is newly established (incorporated in late 2022) and has limited trading history, which increases the risk profile. The recent director turnover and changes in significant control may also indicate some management instability. Conditional approval is recommended with close monitoring of trading performance and management stability before increasing credit exposure.

2. Financial Strength:
   The company shows a solid balance sheet for a micro-entity. Fixed assets stand at £201,600 and current assets at £153,500, with low current liabilities (£23,295). The net current assets of £130,205 indicate good short-term liquidity. Long-term creditors are £48,725, leaving net assets at £283,080, which equals shareholders’ funds. This healthy equity base supports solvency and suggests the company is not highly leveraged.

3. Cash Flow Assessment:
   Current assets exceed current liabilities by a good margin, providing comfortable working capital. However, as a startup, cash flow predictability is uncertain without full profit and loss details. The company employs only one person, indicating low fixed overheads, which is positive for managing cash outflows. Continued monitoring of receivables collection and creditor payments is advised to ensure liquidity remains stable.

4. Monitoring Points:

• Stability and experience of management team, given recent director changes and control shifts.
• Timely filing of future accounts and confirmation statements to maintain transparency.
• Trading performance trends once profit and loss data become available.
• Cash conversion cycle and working capital management to mitigate liquidity risk.
• Any new borrowing or creditor relationships that could affect gearing or liquidity.