MARCHING MUTTS BOOTCAMP LTD

Executive Summary

Marching Mutts Bootcamp Ltd is financially weak with a critical liquidity deficit and very low equity. The company’s negative working capital and declining net assets suggest it cannot comfortably meet short-term liabilities or service debt. Without operational improvements or capital support, granting credit is not advisable at present.

MARCHING MUTTS BOOTCAMP LTD - Analysis Report

Company Number: SC717567

Analysis Date: 2025-07-29 15:50 UTC

1. Credit Opinion: DECLINE
   Marching Mutts Bootcamp Ltd shows significant liquidity challenges and a weak financial position. The company’s current liabilities substantially exceed current assets, indicating poor short-term liquidity and a working capital deficit of £12,964 at the latest year-end. Shareholders’ funds have dramatically decreased from £1,822 in 2022 to only £154 in 2023, reflecting erosion of equity and limited financial buffer. Given the micro-entity scale and negative net current assets, the company is unlikely to have the financial strength to service debt or absorb adverse economic conditions without additional capital injection or operational improvement. The absence of auditors and reliance on micro-entity exemptions further limit external assurance on financial robustness.

2. Financial Strength:
   The balance sheet reveals very low fixed assets (£13,118) and almost negligible current assets (£75) compared to current liabilities (£13,039). The net asset position is marginally positive (£154), but this is a sharp decline from prior years, indicating deterioration in financial health. The company is essentially undercapitalized, with minimal equity and insufficient liquid assets to meet immediate obligations. This fragile position exposes it to insolvency risk if liabilities crystallize or cash inflows falter.

3. Cash Flow Assessment:
   Working capital is negative and worsening, highlighting liquidity strain. The company’s current assets have collapsed from £1,325 to £75, suggesting a depletion of cash or receivables. Such a tight liquidity position limits operational flexibility and increases the risk of payment defaults. With only one employee and no audit, detailed cash flow data is unavailable, but the balance sheet indicators strongly imply cash flow difficulties.

4. Monitoring Points:

• Liquidity ratios (current ratio, quick ratio) going forward.
• Equity levels and capital injections to restore financial stability.
• Timely filing of future accounts and confirmation statements to monitor compliance and financial trends.
• Operational cash flow trends and any changes in creditor payment terms.
• Director’s actions to address negative working capital or secure financing.