GO BEYOND CHALLENGE INTERNATIONAL LIMITED

Executive Summary

GO BEYOND CHALLENGE INTERNATIONAL LIMITED is a newly formed micro-entity with a sound but very modest financial base and positive net current assets. The company shows no immediate liquidity concerns but lacks extensive trading history to fully assess creditworthiness. Conditional approval is recommended with close monitoring of future financial performance and cash flow sustainability.

GO BEYOND CHALLENGE INTERNATIONAL LIMITED - Analysis Report

Company Number: 14757908

Analysis Date: 2025-07-29 14:15 UTC

1. Credit Opinion: CONDITIONAL APPROVAL
   GO BEYOND CHALLENGE INTERNATIONAL LIMITED is a newly incorporated private limited company active in the sports activities sector. The company has modest financial resources with net current assets of £990 and positive shareholders’ funds. Given its very recent incorporation (less than two full years trading) and minimal operational scale (average of 1 employee), credit exposure should be limited. Approval is recommended conditionally, subject to ongoing monitoring of trading performance and financial statements as they mature. Current liquidity is sufficient for small-scale obligations, but the company’s ability to service larger debt or extended credit terms remains unproven due to limited historical data.

2. Financial Strength:
   The company’s balance sheet at 31 December 2023 shows a healthy but very small capital base:

• Cash of £2,051 and current liabilities of £1,061 yield net current assets of £990.
• Net assets equal £990, all funded by shareholders' equity, indicating no bank or external borrowings.
• Share capital is minimal (£100), with retained earnings/profit and loss reserve of £890, reflecting initial trading profit or capital injection.
• No fixed assets or long-term liabilities reported, consistent with early-stage operations.
  Overall, the financial strength is limited by scale but shows no signs of leverage or solvency risk. The company meets the “micro” size category, indicating modest operational footprint and filing requirements.

3. Cash Flow Assessment:
   The company’s cash position is positive but modest (£2,051), sufficient to cover current liabilities (£1,061) comfortably. This implies an adequate short-term liquidity buffer for day-to-day operations. However, the lack of historical cash flow data beyond the inaugural trading period restricts deeper analysis of working capital cycle or cash generation sustainability. The company’s deferred income (£312) signals some prepayments or advance receipts, which could support near-term revenue recognition. The absence of debt obligations reduces immediate cash flow pressure but also limits financial flexibility.

4. Monitoring Points:

• Future trading results and profitability to confirm sustainability beyond start-up phase.
• Cash flow trends, especially working capital management and ability to generate positive operating cash flows.
• Changes in current liabilities, particularly accruals and deferred income, which may impact liquidity.
• Director and shareholder stability, especially given family management structure (directors and PSCs are closely linked).
• Timely filing of accounts and confirmation statements to ensure regulatory compliance and transparency.
• Potential expansion or capital raising that could affect financial leverage and credit profile.