Company Number: 13347900

Analysis Date: 2025-07-20 16:07 UTC

1. Credit Opinion: DECLINE
   Reboot Clinic Ltd demonstrates persistent negative net assets and net current liabilities over the last three years, indicating a weakening financial position and insufficient working capital to cover short-term obligations. The company is consistently reporting shareholder funds in deficit (e.g., -£1,337 in 2024), reflecting accumulated losses and erosion of capital. The absence of fixed assets or other long-term resources further diminishes creditworthiness. Given these financial weaknesses and the micro entity scale, the risk of default on credit facilities is elevated. Without evidence of turnaround or external financial support, extending credit is not advisable.

2. Financial Strength:
   The balance sheet reveals a small-scale operation with minimal equity (share capital £1) and negative net assets each year, worsening from -£249 in 2023 to -£1,337 in 2024. Current liabilities have increased from £249 to £1,337, while current assets are minimal or zero, resulting in negative working capital and weak liquidity. The company is dependent on short-term funding with no buffer for unforeseen expenses. There are no fixed assets to leverage, indicating limited collateral value.

3. Cash Flow Assessment:
   Negative net current assets indicate ongoing cash flow constraints. The company’s inability to generate or maintain sufficient current assets to cover liabilities suggests liquidity risk. The average headcount is one employee, implying very limited operational scale, which may constrain cash inflows. No evidence is provided of positive cash flow generation or external financing injections, raising concerns about the ability to meet debt servicing or supplier payments timely.

4. Monitoring Points:

• Track net current assets and net assets improvements or deterioration in future accounts.
• Monitor any changes in current liabilities levels and payment behavior.
• Evaluate management actions to improve capital structure or cash flow, including new financing or cost control.
• Watch for any changes in business scale or client base that could impact revenue and liquidity.
• Review director conduct and company filings for any signs of operational distress or restructuring.