Company Number: 14101571

Analysis Date: 2025-07-29 16:40 UTC

1. Credit Opinion: APPROVE
   Apportal Solutions Limited demonstrates a solid financial base for a micro-entity with positive net current assets increasing year-on-year. The company is active, compliant with filings, and shows no signs of financial distress or overdue obligations. Given its steady balance sheet growth and clear ownership/control structure, it appears capable of meeting short-term liabilities and servicing modest credit facilities. However, as a very small entity with limited trading history (incorporated 2022), credit lines should be modest and reviewed periodically.

2. Financial Strength:
   The company’s net assets increased from £35,711 in 2023 to £48,361 in 2024, indicating improved equity through retention or capital injection. Current assets grew to £61,590 while current liabilities reduced to £13,229, providing a comfortable working capital buffer (net current assets of £48,361). The balance sheet is simple, with no fixed assets or long-term liabilities reported, typical for a micro IT services company. Shareholders’ funds fully support the net asset base, indicating no reliance on external debt.

3. Cash Flow Assessment:
   Cash (reported as part of current assets) was £55,026 in 2023, and current assets increased in 2024, implying maintained or improved liquidity. Current liabilities are low and declining, so the company’s short-term obligations are well covered by liquid assets. Working capital is strong relative to liabilities, suggesting sufficient cash flow for operational needs and debt servicing at the current scale. The limited number of employees (average 2) also reduces fixed overhead risk.

4. Monitoring Points:

• Monitor revenue and profit trends as the company matures beyond its startup phase to assess sustainability and growth.
• Watch for any increase in liabilities or fixed asset commitments that may strain liquidity.
• Keep track of director and PSC changes to detect any governance or control risks.
• Review future filings for any indication of financial stress or overdue submissions.
• Given the micro entity status, ensure the company maintains its compliance with filing deadlines to avoid penalties.