Company Number: 13125988

Analysis Date: 2025-07-20 12:54 UTC

Financial Health Assessment for REBOUTIQUE LIMITED

---

1. Financial Health Score: D

Explanation:
The company shows clear symptoms of financial distress with negative net current assets and net liabilities on the latest balance sheet. The decline from a positive net asset position in prior years to a negative position in 2024 indicates weakening financial stability. The minimal share capital and lack of fixed assets limit financial robustness. Overall, the financial "vital signs" suggest the company is currently in a fragile state and needs urgent intervention.

---

2. Key Vital Signs

Metric	2024 (£)	2023 (£)	Interpretation
Current Assets	236	83,594	Drastic reduction in liquid assets, warning sign.
Current Liabilities	240	83,736	Slightly less than assets but still high in proportion to assets.
Net Current Assets	-4	-142	Negative working capital indicates liquidity stress.
Net Assets (Shareholders’ Funds)	-4	-142	Negative equity indicates potential insolvency risk.
Share Capital	8	8	Very low capital base, limiting financial cushion.
Employees	0	0	No employees, suggesting very limited operational activity.

• Liquidity: Net current assets turning negative signals difficulty in covering short-term obligations — akin to a patient running a fever.
• Solvency: Negative net assets imply the company owes more than it owns, a symptom of financial distress.
• Operational Activity: No employees and steep asset decline indicate minimal business operations or winding down.

---

3. Diagnosis

REBOUTIQUE LIMITED is currently exhibiting symptoms of financial distress, with negative net current assets and net liabilities reported for the financial year ending December 2024. The drastic drop in current assets from £83,594 in 2023 to just £236 in 2024, while liabilities remain roughly stable, indicates a severe depletion of cash or receivables that could be due to operational losses, poor collections, or asset write-downs.

The company has no fixed assets and no employees, suggesting a very lean or possibly dormant operational model. The micro-entity status and minimal share capital further limit its ability to absorb financial shocks. The presence of a corporate director (an LLP) appointed very recently could indicate restructuring or ownership changes — potentially a sign of attempts to stabilize or transition the business.

The overall diagnosis is that REBOUTIQUE LIMITED is in a precarious financial position, with liquidity issues and negative equity that, if left untreated, may lead to insolvency or forced liquidation.

---

4. Recommendations

Immediate Actions (Short-Term):

• Cash Flow Management: Prioritize improving liquidity by accelerating receivables, negotiating extended terms with creditors, or injecting additional capital. A "healthy cash flow" is vital to keep the business breathing.
• Cost Control: Since there are no employees, ensure overheads remain minimal. Avoid incurring new liabilities that cannot be serviced.
• Financial Review: Conduct a detailed forensic review of the 2024 financials to identify causes of asset depletion and liability persistence.

Medium-Term Measures:

• Capital Injection: Consider equity financing or loans from stakeholders to restore positive net assets.
• Business Model Review: Assess the viability of current business operations or consider pivoting. The retail clothing niche (SIC 47710) is competitive; exploring niche markets or online channels may help.
• Governance Strengthening: With recent director and corporate director changes, ensure strong financial oversight and clear accountability.

Long-Term Outlook:

• Develop a sustainable business plan that builds working capital buffers and operational resilience.
• Monitor financial "vital signs" regularly to detect early symptoms of distress and intervene promptly.

---