HEKA COACHING LTD

Executive Summary

Heka Coaching Ltd is a micro private company with extremely limited financial strength, negligible net assets, and minimal liquidity. The company’s balance sheet is fragile, relying heavily on director loans and showing no evidence of profitability or cash flow generation. Due to these factors, the credit risk is high, and credit facilities are not recommended at this time.

HEKA COACHING LTD - Analysis Report

Company Number: 12519769

Analysis Date: 2025-07-29 16:17 UTC

1. Credit Opinion: DECLINE

Heka Coaching Ltd exhibits extremely weak financial health with negligible net assets (£1) and minimal working capital (£1) over the last three years. The company's cash position is almost non-existent (£130 at year-end 2025), barely covering current liabilities. Despite being active and compliant with filings, the financials indicate very limited operational scale and no material equity buffer. The director’s loans (£4,223) are substantial relative to company size but do not improve liquidity. Given the minimal tangible assets (fully depreciated computer equipment at zero net book value), and no evidence of profitability or cash flow generation, the risk of default on any credit facility is high. The business appears to be a micro entity with little financial resilience and no demonstrated growth or profitability.

2. Financial Strength:

The balance sheet is extremely weak, with net assets consistently at £1 and shareholders’ funds unchanged, indicating no retained earnings or capital growth. The company is fully reliant on director loans for funding, which are recorded as liabilities. Current liabilities approximated current assets, showing a razor-thin net working capital position. The absence of fixed assets of value and minimal cash on hand further underscore fragile financial footing. There is no indication of positive equity growth or capital injection beyond the initial £1 share capital since incorporation in 2020.

3. Cash Flow Assessment:

Cash balances have plummeted from £2,845 in 2021 to only £130 in 2025, signaling poor operational cash generation or heavy cash outflows. The company’s current liabilities remain close to cash levels, indicating tight liquidity and potential difficulty in meeting short-term obligations. Working capital is effectively nil, so the business has no meaningful buffer to cover unexpected expenses or downturns. The reliance on director loans suggests cash flow constraints are being managed through related party funding rather than operational profitability.

4. Monitoring Points:

• Cash position and liquidity trends in subsequent periods to detect worsening or improvement.
• Director loans balance and terms, given their prominence in funding working capital.
• Profit and loss account data when available, to assess operating performance or losses.
• Timely filing of accounts and confirmation statements to monitor compliance.
• Any changes in ownership, management, or business strategy that might affect credit risk.
• Potential accumulation of trade creditors or overdue liabilities indicating payment difficulties.