ANDREWS HOLDING GROUP LIMITED

Executive Summary

Andrews Holding Group Limited exhibits a low financial risk profile with positive net current assets and compliance with filing obligations. However, its very small equity base and heavy intercompany balances warrant further investigation into cash flow sustainability and operational performance. Overall, the company appears solvent and stable but limited financial disclosure constrains a full risk assessment.

ANDREWS HOLDING GROUP LIMITED - Analysis Report

Company Number: 12838044

Analysis Date: 2025-07-19 12:26 UTC

1. Risk Rating: LOW
   The company demonstrates a stable balance sheet with net current assets positive and marginally increasing shareholders' funds. It is current with statutory filings and shows no signs of insolvency or liquidation.

2. Key Concerns:

• Very low net asset base (£620 at 30 April 2024), indicating minimal equity buffer against liabilities.
• High reliance on intra-group balances, with debtors and creditors primarily owed to/from group undertakings, potentially indicating limited external trading activity.
• Absence of profit and loss details due to small company exemption limits insight into operational profitability and cash flow generation.

3. Positive Indicators:

• Timely filing of accounts and confirmation statements, demonstrating regulatory compliance.
• Stable net current assets maintained over multiple years, indicating ability to meet short-term liabilities.
• Directors report confidence in going concern status despite small net assets.
• Clear ownership and control structure with two directors actively involved since incorporation.

4. Due Diligence Notes:

• Review the underlying nature and collectability of intra-group debtor balances to assess liquidity risk.
• Obtain or request management accounts or other financial disclosures to evaluate profitability and cash flow trends absent from statutory filings.
• Confirm the operational status of subsidiary investments and their contribution to group cash flows.
• Assess any contingent liabilities or off-balance sheet obligations not captured in small company filings.