Company Number: 13816841

Analysis Date: 2025-07-29 17:00 UTC

1. Credit Opinion: DECLINE
   RS FIT TRAINING LTD currently exhibits negative net assets (-£500) and net current liabilities, indicating a weak balance sheet and insufficient short-term liquidity to meet current obligations. The company is micro-sized, with limited operating history since incorporation in late 2021. Absence of fixed or current assets and no reported revenue or cash reserves raise concerns about its ability to service any new credit facilities. The single director/owner has no apparent external financial support disclosed, and the business operates with only one employee, suggesting limited scale and resilience. Given this profile, the company poses a high credit risk and is not recommended for credit approval at this time.

2. Financial Strength:
   The balance sheet reveals zero fixed and current assets and £500 of current liabilities as at 31 December 2024, resulting in negative net assets and shareholders funds of -£500. There is no evidence of retained earnings or equity injection since incorporation. The company has not built any tangible asset base or working capital cushion. This weak financial position is typical of an early-stage micro entity but insufficient to demonstrate financial strength or stability.

3. Cash Flow Assessment:
   No current assets or cash balances are reported, while current liabilities of £500 indicate an immediate funding gap. Negative net current assets suggest the company may struggle to meet short-term debts or supplier payments without additional capital or cash inflows. The absence of any disclosures on operating cash flows or trade receivables further limits insight but the available data suggests cash flow constraints.

4. Monitoring Points:

• Improvement in net current assets and positive working capital generation
• Evidence of revenue growth and cash inflows to improve liquidity
• Any capital injections or shareholder loans to bolster equity
• Timely payment of creditors and avoidance of overdue liabilities
• Director conduct, given sole control by one individual, to ensure prudent financial management and compliance