WIDEVIEW TECH LTD

Executive Summary

Wideview Tech Ltd is a newly established micro-entity operating in IT consultancy with minimal financial history. The company is solvent but shows slight net current liabilities, signaling tight liquidity. Conditional credit approval is recommended with careful monitoring of cash flow and working capital to mitigate short-term risks as the business develops.

WIDEVIEW TECH LTD - Analysis Report

Company Number: 15438528

Analysis Date: 2025-07-20 17:57 UTC

1. Credit Opinion: CONDITIONAL APPROVAL
   Wideview Tech Ltd is a very recently incorporated micro-entity with a minimal operating history (just over one year). The financial statements show a small positive net asset position (£343) but a slight net current liability position (-£223), indicating marginal working capital constraints. The sole director and majority shareholder is actively involved, which supports management oversight. However, the limited trading history and small scale of operations restrict the ability to fully assess ongoing repayment capacity. Approval is recommended with conditions including ongoing monitoring of cash flow, timely filing of accounts, and evidence of improving liquidity before extending significant credit facilities.

2. Financial Strength:
   The balance sheet reflects a micro-entity with minimal fixed assets (£566) and current assets of £8,456 against current liabilities of £8,679, resulting in a slight working capital shortfall. Net assets stand at £343, supported entirely by shareholders’ funds contributed by the director. The company does not have material reserves or retained earnings, which is typical for a start-up. Overall financial strength is modest but not weak; the company is solvent with a positive net asset position but lacks financial buffer.

3. Cash Flow Assessment:
   Current liabilities marginally exceed current assets, indicating potential short-term liquidity risk. The company’s cash and equivalents are not explicitly stated, but given the low current asset figure, liquidity appears tight. Working capital is negative by £223, which could pose challenges in meeting immediate creditor obligations without additional funding or improved cash inflows. The single director’s involvement and equity funding are vital at this stage to maintain liquidity. Cash flow projections and stronger working capital management will be important going forward.

4. Monitoring Points:

• Quarterly review of cash balances and working capital ratios to ensure liquidity remains adequate.
• Timely filing of next annual accounts and confirmation statements to maintain compliance and transparency.
• Track any increases in current liabilities that could exacerbate liquidity pressure.
• Monitor revenue growth and profitability trends as the company matures beyond the start-up phase.
• Ongoing assessment of director’s financial support and willingness to inject funds if needed.