Company Number: 15086397

Analysis Date: 2025-07-29 16:42 UTC

1. Credit Opinion: DECLINE. Heartstrong Holistic CIC is a newly incorporated community interest company with minimal financial activity and no substantive assets or equity. The company shows no net assets, no profit, no revenues, and only nominal cash and liabilities of £20. It has no employees and no evidence of sustainable income or operational scale to support credit risk. The absence of tangible financial strength and operating history indicates insufficient capacity to service debt or meet commercial obligations.

2. Financial Strength: The balance sheet as of 31 August 2024 shows zero fixed assets, £20 current assets (all cash), matched by £20 current liabilities, resulting in net current assets and net assets of zero. Shareholders’ funds are nil, reflecting no retained earnings or capital injection beyond nominal amounts. The company operates under a guarantee structure with no share capital. Overall, financial resources are negligible, and the balance sheet does not provide any buffer against financial stress or unexpected costs.

3. Cash Flow Assessment: Cash holdings are minimal at £20 with current liabilities of £20, indicating a break-even working capital position but no liquidity cushion. The company’s cash flow position is fragile, with no evidence of incoming revenue or operational cash inflows. Given the lack of employees and operating scale, the cash flow generation capacity is unproven and likely dependent on external funding or directors’ support. This severely limits the company’s ability to meet ongoing obligations or service any credit facility.

4. Monitoring Points:

• Future filing of accounts to assess progress in revenue generation, profitability, and asset accumulation.
• Cash flow development and working capital improvements as the company moves beyond startup phase.
• Management’s ability to secure grants, contracts, or other funding sources to sustain operations.
• Any increase in liabilities or delayed payments that could signal financial stress.
• Changes in the business model or scale of operations impacting credit risk.