Company Number: 13801069

Analysis Date: 2025-07-29 19:35 UTC

1. Risk Rating: MEDIUM

While Bard Group Limited shows positive net assets and shareholder funds, the significant increase in liabilities falling due after more than one year and the negative net current assets position raise moderate concerns about short-term liquidity and solvency risks. The company remains active with timely filings and appears operationally stable but warrants close monitoring.

2. Key Concerns:

• Negative Net Current Assets in 2023: The current liabilities (£87,257) exceed current assets (£2,718), resulting in a negative working capital of £13,996, which may indicate potential liquidity challenges in meeting short-term obligations.
• Introduction of Long-term Creditors: The 2023 accounts show £87,257 in creditors due after more than one year, a new liability not present in prior years, which could indicate increased financial leverage or deferred obligations.
• Limited Financial Disclosure: Being a micro-entity, the company has minimal filing requirements and has not submitted a profit and loss account, limiting the ability to assess profitability and cash flow trends.

3. Positive Indicators:

• Growing Net Assets and Shareholders’ Funds: Net assets increased from £48,269 in 2022 to £65,581 in 2023, reflecting an improvement in overall equity.
• Timely Statutory Filings: Both accounts and confirmation statements are filed on time with no overdue status, suggesting good compliance and governance practices.
• Stable Management and Control: The sole director and 100% shareholder, Christopher Timothy Moran, has been in place since incorporation with no indications of disqualification or governance issues.
• Operational Presence: The company is active in advertising and video production activities and maintains a functioning website, indicating ongoing business operations.

4. Due Diligence Notes:

• Examine the nature and terms of long-term creditors introduced in 2023: Understand what these liabilities represent and their impact on cash flow and solvency.
• Request internal management accounts or cash flow forecasts: To better assess liquidity beyond the limited micro-entity financial statements.
• Review any contingent liabilities or off-balance sheet commitments: Not disclosed in the micro-entity filings but potentially relevant to risk.
• Clarify the company’s profitability and revenue trends: Since no P&L account was filed, request supplementary financial information to understand operational sustainability.
• Confirm the accuracy of fixed asset valuation: The fixed assets increased significantly in 2023; verify the nature and valuation methodology.