HYPERLOCAL FYI LIMITED

Executive Summary

Hyperlocal FYI Limited is currently financially distressed with significant negative net current assets and equity, relying heavily on director funding to sustain operations. Liquidity is very weak, and the company shows no signs of profitability or asset growth, resulting in a high credit risk profile. Without substantial financial improvement or external support, the company is not a suitable candidate for credit facilities at this time.

HYPERLOCAL FYI LIMITED - Analysis Report

Company Number: 14365082

Analysis Date: 2025-07-20 15:39 UTC

Credit Opinion:
DECLINE. Hyperlocal FYI Limited exhibits significant financial distress with persistent negative net current assets and shareholders’ funds, indicating an inability to meet short-term liabilities from its current assets. The company relies heavily on director funding to continue operations, which raises concerns about sustainability and repayment capacity without external support.

Financial Strength:
The balance sheet shows a deteriorating financial position. Net current liabilities increased from £3,586 in 2023 to £6,166 in 2024, reflecting a worsening liquidity crunch. Shareholders’ funds are deeply negative (£-6,166 in 2024), suggesting accumulated losses and no equity buffer. Total assets less current liabilities remain negative, and the company holds minimal fixed assets or cash (£99 in 2024). The financial trajectory is negative, with no indication of profitability or asset growth.

Cash Flow Assessment:
Cash at bank is minimal and has decreased from £358 in 2023 to £99 in 2024. Debtors slightly reduced from £1,624 to £1,334, indicating limited improvement in cash collections. Current liabilities have increased substantially, including a notable portion (£5,898) owed to the director, indicating reliance on director loans rather than operational cash generation. Working capital is severely negative, highlighting poor liquidity and cash flow constraints.

Monitoring Points:

• Watch for any increase in director loans or other related party funding as this is currently a key support element.
• Monitor improvements in cash generation and reduction in current liabilities to assess whether liquidity position stabilizes.
• Track filing of next accounts and confirmation statements to ensure continued compliance and review for any material changes in financial health.
• Assess any operational changes or new revenue streams that could improve the company’s ability to service debts independently.