This last week there has been commentary in the media about the...

This last week there has been commentary in the media about the delayed book build for rival roll-up Sterling Early Education. Various articles have noted that Sterling has had to revise down its revenue forecast in its prospectus, due to operating information received for the start of 2014.

At 31 Dec 2013, Affinity Education had a net current liability position of $2.5 million, and an undrawn upon overdraft facility of $7 million.

On 30 April (7 weeks time), this overdraft facility will be reduced to $1 million.

My question, which I'd really like to know the answer to, is if Affinity Education has similarly had a worse than expected start to the year, will they have enough working capital at the end of April?