Company Number: 13248990

Analysis Date: 2025-07-29 13:55 UTC

1. Credit Opinion: APPROVE

Reasoning: Wellbuild Estates Limited is a small private limited company with a stable and improving financial position since incorporation in 2021. The company shows consistent positive net current assets and shareholders’ funds, with cash balances increasing year-on-year. There are no indications of overdue filings or director disqualifications. The controlling shareholder/director has maintained control since inception, which supports continuity and governance. Given the company's strong liquidity and lack of external debt, it appears capable of servicing modest credit facilities.

2. Financial Strength: The balance sheet reflects a healthy financial position for a small company. As of 31 March 2024, the company holds £111,350 in current assets, predominantly cash (£111,250), against nominal current liabilities of £300, resulting in net current assets of £111,050. Shareholders’ funds match net assets at £111,050, reflecting no long-term liabilities or borrowings. The company has grown its equity base steadily from £31,701 in 2021 to £111,050 in 2024, indicating retained earnings accumulation or capital injections. The absence of fixed assets and low liabilities suggests a low-risk balance sheet with minimal gearing.

3. Cash Flow Assessment: Cash flow appears strong and liquid, with cash increasing from £32,000 at incorporation to £111,250 at the latest year end. The minimal current liabilities create a comfortable liquidity buffer. The company’s working capital is positive and improving, indicating that it has sufficient short-term resources to meet obligations as they fall due. The reliance on cash rather than receivables or stock reduces risk of cash flow volatility. Overall, the company’s liquidity profile is robust, supporting its ability to service debt or fund operational needs.

4. Monitoring Points:

• Maintain positive net current assets and monitor cash flow trends, especially if credit facilities increase.
• Review any forthcoming changes in business activity or sector risks in security dealing on own account (SIC 64991).
• Observe any changes in ownership or director composition that could affect governance.
• Watch for any increase in liabilities or introduction of debt which may impact financial stability.
• Monitor filing timeliness to avoid regulatory penalties or creditability concerns.