Company Number: 13519403

Analysis Date: 2025-07-19 12:23 UTC

1. Credit Opinion:
   DECLINE. Simba Coaching Ltd shows persistent net liabilities and negative working capital over the last two reported financial years. The company’s inability to generate positive net current assets and a negative equity position indicate weak financial stability and potential difficulties in meeting short-term obligations. The absence of employees and lack of audit further limit transparency on operational viability. Given these factors, the company poses a high credit risk with limited assurance of debt servicing capability.

2. Financial Strength:
   The balance sheet reveals a fragile financial position. Fixed assets are minimal (£2,591 in 2023), and current assets have decreased from £1,005 in 2022 to £674 in 2023. Current liabilities have slightly increased (~£10,343 in 2023). This results in net current liabilities of £9,669 and net liabilities overall of £7,077 as of July 2023. Shareholders’ funds remain negative, reflecting accumulated losses or capital deficiency. No significant equity buffer exists to absorb shocks.

3. Cash Flow Assessment:
   The working capital deficit signals liquidity concerns. Current liabilities exceed current assets by a large margin, implying difficulty in covering short-term debts with available liquid assets. The company’s micro-entity status and absence of employees suggest limited operational cash inflows or business scale. No cash flow statements are provided, but the balance sheet structure implies insufficient internal cash generation and potential reliance on external funding.

4. Monitoring Points:

• Regular review of updated financial statements to track if net current assets improve.
• Watch for any increase in current liabilities or further erosion of shareholders’ funds.
• Monitor director’s actions or external funding sources that might improve liquidity.
• Check for operational activity resumption or employee hiring as indicators of business development.
• Observe any late filings or signs of financial distress such as administration or liquidation proceedings.