Company Number: 13120315

Analysis Date: 2025-07-20 13:42 UTC

1. Credit Opinion: DECLINE
   Converse Coaching Limited demonstrates persistent negative net asset values (£-2,497 in 2024 and £-2,141 in prior years) indicating a weak balance sheet and potential insolvency risk. The company has no fixed or current assets reported and carries short-term liabilities exceeding any assets. These factors suggest limited capacity to service debt or meet commercial obligations reliably. Additionally, minimal turnover or cash inflow evidence and micro-entity status with only one employee point to a very small operational scale, raising concerns about business resilience and financial sustainability.

2. Financial Strength:
   The company’s balance sheet shows net liabilities consistently over the past three years, with current liabilities around £2,497 and no reported current assets or fixed assets as of the latest accounts. Shareholders’ funds are negative, reflecting accumulated losses or undercapitalization. The absence of tangible or liquid assets severely limits financial strength and flexibility. The small share capital (£100) further indicates limited equity buffer.

3. Cash Flow Assessment:
   Lack of reported current assets suggests negligible cash or receivables available to cover liabilities. This implies poor liquidity and working capital position. Without assets or cash on hand, the company’s ability to meet short-term obligations is questionable. The sole director’s role as a business consultant might suggest owner involvement but does not offset the apparent lack of cash resources.

4. Monitoring Points:

• Watch for improvement or deterioration in net asset position in future filings.
• Monitor current liabilities and any emergence of current assets or cash balances.
• Review director and shareholder changes that might affect financial strategy or capital injection.
• Keep track of operating performance indicators if available, such as turnover or profit figures.
• Confirm timely filing of accounts and confirmation statements to assess compliance and ongoing viability.