ALL ABOUT YOU PERFORMANCE LTD

Executive Summary

All About You Performance Ltd shows modest financial growth with stable net assets and increased cash balances, but current liabilities and tax obligations significantly constrain liquidity. The company’s close control by the sole director is a factor both for governance and concentration risk. Credit approval is recommended on a conditional basis with emphasis on monitoring liquidity and receivables.

ALL ABOUT YOU PERFORMANCE LTD - Analysis Report

Company Number: 12830782

Analysis Date: 2025-07-20 12:02 UTC

1. Credit Opinion: CONDITIONAL APPROVAL. All About You Performance Ltd is a small, active private limited company engaged in physical well-being activities. The company demonstrates modest growth in net assets and working capital but has a tight liquidity position with current liabilities almost equal to current assets. The director is the sole controlling party with significant involvement, which can be positive for oversight but adds concentration risk. Credit should be extended with conditions including regular monitoring of liquidity and receivables collections, and possibly limits on additional borrowing until liquidity improves.

2. Financial Strength: The balance sheet shows incremental improvements in net assets from £733 (2022) to £869 (2023), reflecting retained earnings growth. Fixed assets are minimal (£736) and mostly gym and computer equipment, suggesting limited capital intensity. The company’s current liabilities have increased significantly to £59,841, primarily VAT (£32,441) and corporation tax (£23,740), which indicates tax obligations are a major part of short-term liabilities. Net current assets are positive but very modest at £273, down from £562 the prior year, indicating working capital is tight.

3. Cash Flow Assessment: Cash balances increased to £21,840 from £4,398, which is a positive liquidity indicator. However, the large increase in current liabilities, especially tax-related items, consumes most of this liquidity buffer. Debtors increased to £38,274, including a significant director’s loan receivable of £20,730, which is unsecured and repayable on demand but may not be readily collectible. The company pays dividends to the director, which reduces available cash for operations and debt servicing. Overall, cash flow appears sufficient for current obligations but leaves limited headroom for unexpected cash demands.

4. Monitoring Points:

• Monitor collections on trade debtors and director’s loan account to ensure timely cash inflows.
• Watch VAT and corporation tax liabilities closely as they represent the bulk of current liabilities.
• Assess dividend payments against cash flow to prevent liquidity strain.
• Review profitability and cash flow in subsequent periods to ensure working capital does not deteriorate further.
• Evaluate any new credit exposure carefully given the limited net current assets and concentrated ownership.