Company Number: 13161107

Analysis Date: 2025-07-29 15:40 UTC

1. Risk Rating: LOW
   Haarkon Limited demonstrates a positive net asset position with consistent equity growth since incorporation. The company is current with statutory filings and shows no indications of insolvency or operational distress.

2. Key Concerns:

• Modest net current assets: While positive, net current assets decreased from £9,609 in 2023 to £6,665 in 2024, suggesting a slight tightening of working capital.
• Limited operational scale: The company has only one employee on average, which may present operational risk if key personnel are unavailable.
• Minimal share capital (£100), which is typical for micro companies but limits buffer against unexpected losses.

3. Positive Indicators:

• Healthy solvency: Shareholders’ funds increased from £3,951 at incorporation to £29,143 in 2024, indicating retained earnings or capital injections.
• Compliance: All statutory accounts and confirmation statements are filed on time with no overdue filings or penalties.
• Stable management: Both directors have been in place since incorporation, and there are no disqualifications or governance issues reported.

4. Due Diligence Notes:

• Review the company’s profit and loss account details to confirm profitability trends and cash flow sufficiency.
• Assess contractual obligations underlying current liabilities to understand liquidity demands within the year.
• Consider the company's business model and market position within "Other publishing activities" (SIC 58190) for operational sustainability.
• Verify whether the single employee structure is sufficient for ongoing operations or if outsourcing/contracting is used.
• Confirm no contingent liabilities or off-balance-sheet risks exist that could affect solvency.