Company Number: 14718633

Analysis Date: 2025-07-29 17:41 UTC

1. Credit Opinion: DECLINE
   Beyond Midwives Limited shows significant financial distress as of the latest accounts dated 30 November 2024. The company has a large negative net asset position of £60,125 and a net current liability of £76,773, indicating poor liquidity and insufficient working capital to meet short-term obligations. The current liabilities exceed current assets by a wide margin, and there is no evidence of profitability or cash flow generation to support debt servicing. Given the company’s recent incorporation in 2023 and rapid deterioration in financial health, it presents a high credit risk. Approval of credit facilities is not recommended without substantial improvement in financial stability and operational performance.

2. Financial Strength
   The balance sheet reveals a fragile financial position. Fixed assets are modest at £16,648, but current liabilities of £84,630 heavily outweigh current assets of £7,857, leading to a working capital deficit. Shareholders’ funds are deeply negative at -£60,125, reflecting accumulated losses. The capital structure is weak, with only £100 in share capital and no retained earnings. This indicates that equity financing is minimal, and the company relies heavily on creditors or possibly loans to fund operations. The negative net asset base raises concerns about solvency and the company’s ability to sustain operations without additional capital injections.

3. Cash Flow Assessment
   Cash reserves stand at £6,832, which is insufficient to cover immediate liabilities totaling £84,630. Given the working capital deficit, the company likely faces liquidity challenges. The accounts do not disclose profit and loss details, but the large negative reserves imply operating losses. Without positive cash flow from operations or external funding, the company’s ability to meet payment terms and service any debt is questionable. The absence of auditors’ report and limited financial disclosures also hinder a full cash flow analysis, but current data signals tight liquidity and high risk of cash shortfall.

4. Monitoring Points

• Monitor improvement in net current assets and reduction in current liabilities to restore working capital balance.
• Track profit and loss performance when next available to assess operational viability and cash flow generation.
• Watch for any capital injections or financing arrangements that strengthen equity and liquidity.
• Review management actions to control costs, increase turnover, and improve cash collections.
• Keep updated on timely filing of accounts and confirmation statements for governance compliance.
• Monitor directors’ activities and any related party transactions given the small number of shareholders and directors with significant control.