Company Number: 13527373

Analysis Date: 2025-07-20 18:44 UTC

1. Risk Rating: MEDIUM
   The company demonstrates a positive net asset position but has very limited current assets and no employees, indicating potential operational constraints. The small scale and micro-entity status limit financial disclosure depth, increasing uncertainty around ongoing viability.

2. Key Concerns:

• Liquidity is constrained, with current assets dropping sharply from £5,437 in 2023 to £612 in 2024, which may impact short-term obligations.
• No employees are reported, suggesting limited operational capacity or reliance on third parties, which could impair business continuity or growth.
• The company is very young (incorporated mid-2021) and operates in a competitive sector (fitness facilities), with limited financial history to assess resilience.

3. Positive Indicators:

• The company is solvent with net assets increasing from £1,543 in 2023 to £2,183 in 2024, suggesting some retained earnings or capital injection.
• Compliance with filing deadlines is up to date, indicating good regulatory discipline and governance practices.
• The single director and majority shareholder is consistent, simplifying control and decision-making.

4. Due Diligence Notes:

• Investigate the nature of current assets and cash flow patterns to assess liquidity risks more precisely.
• Clarify the operational model given zero employees reported—confirm whether services are outsourced or the company is dormant operationally.
• Review contracts, client base, and revenue streams to evaluate sustainability in the fitness facilities sector.
• Confirm no related party transactions or undisclosed liabilities that might affect financial stability.