Company Number: 15169718

Analysis Date: 2025-07-29 12:48 UTC

1. Credit Opinion: DECLINE. GYM CARE SERVICES LTD is a newly incorporated company (Sep 2023) that has filed dormant accounts for the financial year ending Sep 2024. It has not commenced trading and shows minimal financial activity, with cash and net assets of only £100. There is no operating history or financial data to assess its ability to service debt. Its dormant status and negligible financial footprint present a high risk for any lending or credit facility.

2. Financial Strength: The company’s balance sheet is minimal, reflecting only £100 in cash and shareholders’ funds, with no liabilities or assets beyond initial share capital. This indicates no operational assets or revenue-generating capacity. The financial position is effectively that of a start-up company, with no proven financial strength or capital base to support lending.

3. Cash Flow Assessment: With only £100 in cash and no reported revenues or expenses, the company currently has no cash flow from operations. Working capital is nominal and there is no evidence of liquidity to meet even small obligations beyond initial share capital. This lack of cash flow and working capital means the company cannot currently service debt or sustain operations.

4. Monitoring Points:

• Monitor the company’s transition from dormant to active trading status.
• Review future filed accounts for evidence of revenue generation, profitability, and cash flow improvements.
• Watch for any additional capital injections or changes in ownership/control.
• Assess director’s financial stewardship once trading commences.