GO ON DO SOMETHING LTD

Executive Summary

GO ON DO SOMETHING LTD is a newly incorporated micro-entity with limited financial resources and a negative working capital position, signaling liquidity risks. The absence of profit and cash flow data and minimal operational scale impede confidence in the company’s ability to service credit. Credit facilities are not recommended at this stage without significant financial improvement or additional security.

GO ON DO SOMETHING LTD - Analysis Report

Company Number: 14025597

Analysis Date: 2025-07-29 16:16 UTC

1. Credit Opinion: DECLINE
   GO ON DO SOMETHING LTD is a micro-entity with very limited financial resources and a negative working capital position, which raises concerns about its ability to meet short-term obligations. The company shows net current liabilities of £1,426 and minimal fixed and current assets relative to current liabilities. With only one employee and no profit and loss information available, there is insufficient evidence of revenue generation or cash flow to support debt servicing. The lack of an audit and the company’s early stage of operation further increase risk. Given these factors, the company currently does not demonstrate adequate financial strength or liquidity to support credit.

2. Financial Strength:
   The balance sheet is very modest, with total net assets of £2,124 primarily composed of fixed assets (£3,550) offset by current liabilities (£3,090). The net current liabilities indicate a working capital deficit, signaling potential liquidity stress. Shareholders’ funds equal net assets, showing no accumulated losses or additional equity injections beyond the initial capital. However, the absence of profit and loss data limits assessment of earnings capacity or financial trajectory.

3. Cash Flow Assessment:
   Current assets of £1,664 are insufficient to cover current liabilities of £3,090, resulting in a negative net current asset position of £1,426. This suggests the company may struggle to meet short-term liabilities as they fall due. Without profit and cash flow statements, it is unclear how operating activities are funded or whether the business generates positive cash flow. The company’s ability to service debt or meet commercial obligations on a timely basis is uncertain.

4. Monitoring Points:

• Future annual accounts, particularly profit and loss and cash flow data, to assess operational performance and liquidity improvements.
• Changes in working capital position and current ratio to determine if short-term financial health improves.
• Any equity injections or external financing that may strengthen the balance sheet.
• Business development or contracts secured in the fitness and health activities sector that could enhance revenue streams.
• Director’s compliance with filing deadlines and any changes in ownership or control.