NEW DAY PT LIMITED

Executive Summary

New Day PT Limited is a recently established fitness and health services company with a sound initial financial position, demonstrating positive net current assets and sufficient liquidity to meet short-term obligations. The business is in its infancy with limited operating history; however, its balance sheet health and management control support a credit approval for modest exposure. Ongoing monitoring of cash flow and operational performance is recommended as the company develops.

NEW DAY PT LIMITED - Analysis Report

Company Number: 15381302

Analysis Date: 2025-07-29 17:10 UTC

1. Credit Opinion: APPROVE
   New Day PT Limited is a newly incorporated private limited company operating in the fitness facilities and health activities sector. The company has a positive net current asset position and modest but positive shareholders' funds. With no overdue filings and a director who holds full control, the company shows sound initial financial stewardship. Given its small scale and early stage, credit exposure should be limited, but the company demonstrates adequate capability to meet short-term obligations.

2. Financial Strength:
   As of 31 March 2025, the company reports total net current assets of £7,040 and shareholders’ funds of £7,040, indicating a sound balance sheet with no long-term liabilities. The company holds cash reserves of £10,625 and current liabilities of only £3,585, which primarily consist of tax and social security liabilities and other creditors. The absence of fixed assets and minimal liabilities is consistent with a start-up in the service sector. The balance sheet is healthy for its size and age.

3. Cash Flow Assessment:
   The company has positive liquidity with cash exceeding current liabilities by approximately £7,000, indicating sufficient working capital to cover near-term obligations. The director is the sole employee, limiting payroll exposure. While detailed profit and loss data is unavailable, the cash position and net current assets suggest the company is managing cash flow prudently in its first operating period.

4. Monitoring Points:

• Track growth in turnover and profitability as accounts for subsequent periods become available.
• Monitor cash flow patterns to ensure ongoing liquidity, especially as the business scales.
• Watch for any increase in liabilities or delayed payments that could stress working capital.
• Observe director changes or any sign of operational difficulties given sole control by one individual.
• Monitor compliance with filing deadlines to avoid regulatory penalties.