Company Number: 15112679

Analysis Date: 2025-07-29 19:24 UTC

1. Credit Opinion: APPROVE
   MDA COACHING SERVICES LTD is a recently incorporated micro-entity with a clean filing history and no overdue statutory returns. The company demonstrates positive net current assets and modest equity, indicating initial financial stability. Given its early stage, the risk is moderate, but the solid balance sheet and sole ownership by a single director who controls the company suggest responsible management. Approval is recommended for modest credit facilities, subject to ongoing monitoring as the business develops.

2. Financial Strength:
   As of 30 September 2024, the company reported current assets of £21,640 against current liabilities of £12,259, resulting in net current assets of £9,381. This positive working capital indicates the company can meet short-term obligations. Net assets and shareholder funds also stand at £9,381, reflecting the initial capital invested. Being a micro-entity, the company has minimal fixed assets and a very small employee base (1 employee), consistent with a start-up phase.

3. Cash Flow Assessment:
   Current assets mainly comprise cash and equivalents or receivables, sufficient to cover short-term liabilities. The company's working capital position is positive but limited in scale, reflecting early operational activity. There is no detailed cash flow statement available, but the net current assets position suggests liquidity is currently adequate. The company should maintain careful cash flow management to support growth without liquidity stress.

4. Monitoring Points:

• Revenue and profit growth trends as the company matures beyond its first year.
• Maintenance of positive working capital and liquidity ratios.
• Timely filing of accounts and confirmation statements to avoid compliance risk.
• Any changes in director or ownership structure that might impact governance or financial stewardship.
• Expansion in employee count and fixed assets that accompany business scaling.