HEATHLANE PROPERTIES LIMITED

Accounts Analysis

The following analysis is opinion only and should not be interpreted as financial advice.

The analysis is based on the following accounts:

Annual Accounts dated 31 March 2022
Based on the provided financial statements of Heathlane Properties Limited for the year ended March 31, 2022, the following analysis can be made:

1. Financial Health:
- The company has total assets of £1,599,339 in 2022, slightly higher than the previous year's £1,585,002.
- The net assets of the company have increased from £1,248,364 in 2021 to £1,272,944 in 2022, indicating a positive trend.
- This increase in net assets suggests that the company is financially healthy.

2. Solvency:
- The company's total liabilities falling due within one year amount to £104,084 in 2022, while the total current assets are £47,594.
- The company has a net current liability of (£56,490) in 2022, indicating that its current liabilities exceed its current assets.
- However, the company also has amounts falling due after more than one year (£224,782), which are not included in the calculation of solvency.
- Therefore, a more comprehensive analysis would require considering the long-term liabilities and the company's ability to repay them.

3. Asset Composition:
- The company's fixed assets consist of tangible assets worth £829 in 2022, slightly lower than the previous year's £1,037.
- The company holds an investment property valued at £1,655,000, which remains unchanged from the previous year.
- Investment property constitutes a significant portion of the company's total assets, indicating a reliance on property investments.

4. Debtors and Creditors:
- Debtors falling due within one year amount to £20,226 in 2022, which has decreased from £25,135 in the previous year.
- The company has creditors falling due within one year of £104,084 in 2022, which has decreased from £128,276 in the previous year.
- The company also has long-term creditors falling due after more than one year of £224,782 in 2022, slightly lower than the previous year's £235,026.
- The presence of creditors, especially long-term ones, indicates the company's borrowing activities to support its operations.

5. Profitability:
- The financial statements do not include the Statement of Income and Retained Earnings, making it challenging to assess the company's profitability for the year.
- Additional information, such as revenues, expenses, and net profit, would be required to evaluate the company's profitability.

It is important to note that a comprehensive analysis of the company should consider additional financial and non-financial information, such as industry trends, market conditions, and management strategies.

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