Company Number: 15076093

Analysis Date: 2025-07-20 14:02 UTC

1. Risk Rating: LOW
   HAB Packing Limited presents a low risk profile based on the available data. The company is newly incorporated (August 2023) and has filed accounts on time with no overdue filings. The financials show a positive net current asset position and shareholders’ funds, indicating initial capital adequacy and liquidity.

2. Key Concerns:

• Limited Operating History: Being less than one year old, the company has limited operational track record to assess sustainability and revenue generation.
• Modest Financial Scale: Total current assets of £11,096 and net current assets of £8,292 reflect a micro-scale business with limited buffer against unforeseen expenses or downturns.
• Concentration of Control: A single entity (Tohc Holdings Limited) owns 75-100% of shares and voting rights, which could present governance and minority interest concerns in the future.

3. Positive Indicators:

• Timely Compliance: All statutory accounts and confirmation statements have been filed on time, showing good regulatory compliance.
• Positive Working Capital: Net current assets of £8,292 indicate the company can cover short-term liabilities (£2,804) comfortably at year end.
• Strong Cash Position: Nearly all current assets are cash (£10,996), supporting liquidity and immediate operational needs.
• Clear Governance: Three appointed directors are identified with no adverse information noted, suggesting stable management structure.

4. Due Diligence Notes:

• Review the company’s business plan and projected cash flows to assess operational sustainability given the small asset base and lack of turnover data.
• Confirm absence of related party transactions or loans from the parent holding company (Tohc Holdings Limited) that may impact financial health.
• Monitor future filings for revenue trends, profitability, and any changes in liabilities or capital structure that could affect solvency or liquidity.
• Verify director backgrounds and any potential conflicts of interest due to concentrated ownership and control.