Company Number: 14224079

Analysis Date: 2025-07-20 17:15 UTC

1. Credit Opinion: DECLINE
   Young Heart Screening Ltd shows persistent net current liabilities and negative net assets (~£1,812) over the past two years, indicating weak financial footing and an inability to cover short-term debts from current assets. The company has minimal current assets (£2) versus current liabilities (£1,814) in the latest year, which raises significant liquidity concerns. Given its micro size, absence of employees, and no positive change in financial position since incorporation, the credit risk is high. Without material improvement in working capital or equity injection, the company is unlikely to meet debt obligations reliably.

2. Financial Strength:
   The balance sheet reflects negative net assets and shareholders’ funds of -£1,812 consistently for three reporting periods. No fixed assets or tangible equity buffers are present. The company operates with minimal resources and limited financial resilience. The lack of retained earnings or positive net asset growth suggests ongoing operational losses or initial capital deficiency. This fragile financial position limits the company’s capacity to fund growth or absorb adverse business shocks.

3. Cash Flow Assessment:
   Current assets have declined sharply from £19,188 to £2, indicating a near depletion of liquid resources. Current liabilities remain substantial at £1,814, resulting in negative net working capital (-£1,812). The apparent absence of employees and operational scale implies limited cash inflows, and no evidence of cash reserves exists to cover immediate liabilities. This points to poor liquidity and a risk of payment default without prompt capital support.

4. Monitoring Points:

• Improvement in net current assets and net asset position in future filings.
• Evidence of capital infusion or external funding to shore up liquidity.
• Changes in operational scale or revenue generation to support cash flow.
• Director actions to reduce liabilities or increase assets.
• Timely filing of accounts and confirmation statements maintaining compliance.