HAPPY HEADSPACE PSYCHOTHERAPIES LTD

Executive Summary

Happy Headspace Psychotherapies Ltd is a newly formed dormant micro-entity with no trading history or financial activity. It currently has negligible financial strength and no cash flow, making it unable to support credit facilities. Credit approval is not recommended until there is evidence of trading and positive financial performance.

HAPPY HEADSPACE PSYCHOTHERAPIES LTD - Analysis Report

Company Number: 15075575

Analysis Date: 2025-07-20 15:07 UTC

1. Credit Opinion: DECLINE
   Happy Headspace Psychotherapies Ltd is a newly incorporated company (August 2023) with dormant status for its first financial year to August 2024. The company has not traded, has no revenue, no employees, and negligible balance sheet values (£1 net current assets and shareholders funds). There is no operating history or financial activity to assess repayment capability or business resilience. Without trading history or financial data, the company cannot currently service debt or demonstrate cash flow. The credit risk is high due to lack of financial substance and operational track record.

2. Financial Strength:
   The company’s balance sheet is minimal, showing only £1 in current assets and shareholders funds, and no liabilities. There are no fixed assets or working capital. As a micro-entity dormant company, it has not generated income or incurred expenses. This indicates zero tangible financial strength or capital backing beyond the nominal share capital. The net asset position is positive but trivial.

3. Cash Flow Assessment:
   There is no cash flow to evaluate. The company did not trade during the period, and no profit and loss account was prepared. Current assets are limited to £1, implying no cash or liquid resources available for operations or debt servicing. Working capital is effectively nil. The company’s liquidity position is non-existent.

4. Monitoring Points:

• Commencement of trading and generation of sales revenue
• Filing of subsequent accounts showing turnover, expenses, and cash flow
• Changes in capital structure or external financing arrangements
• Director’s financial commitments and any personal guarantees
• Timely filing of statutory returns to maintain regulatory compliance