Company Number: 13001319

Analysis Date: 2025-07-20 13:02 UTC

1. Credit Opinion: APPROVE
   YUNGSNEE LIMITED demonstrates a solid improvement in financial strength over the past three years, with net assets increasing from £22,985 in 2020 to £94,069 in 2023. The company maintains positive net current assets, indicating good short-term liquidity to meet obligations. No overdue filings or compliance issues are noted, and the sole director holds full control and appears stable. Although the company is small and un-audited, its financial trajectory and working capital position support credit approval with standard monitoring.

2. Financial Strength:
   The balance sheet shows steady growth. Fixed assets decreased modestly but remain consistent (~£6k). Current assets expanded significantly from £18k in 2020 to £179k in 2023, while current liabilities increased but remain well covered, resulting in net current assets rising to £87,923. Shareholders’ funds have nearly tripled since 2020, reflecting accumulated reserves and retained earnings, suggesting prudent capital management and profitability, despite the absence of detailed P&L data.

3. Cash Flow Assessment:
   Strong net current assets imply good liquidity and working capital management. Current assets (largely cash or receivables) exceed current liabilities by nearly double, reducing short-term liquidity risk. The company employs no staff beyond the director, limiting fixed overheads, which contributes positively to cash flow stability. However, absence of explicit cash flow statements requires ongoing attention to actual cash generation and operational inflows/outflows.

4. Monitoring Points:

• Continued growth in net assets and maintenance of positive working capital.
• Timely filing of annual accounts and confirmation statements to avoid compliance risks.
• Watch for changes in director control or significant related-party transactions, given sole director ownership.
• Monitor cash flow details if available, especially if company expands or takes on external financing.