HAGB LTD

Executive Summary

HAGB LTD is currently in a financially distressed position with negative net assets and significant short-term liabilities exceeding current assets. The company’s cash flow and liquidity position are weak, raising concerns about its ability to meet debt obligations. Given these factors, credit facilities are not recommended at this time without substantial evidence of financial recovery.

View Full Analysis Report →

Company Analysis

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

HAGB LTD - Analysis Report

Company Number: SC678616

Analysis Date: 2025-07-29 20:22 UTC

  1. Credit Opinion: DECLINE
    HAGB LTD presents significant credit risk due to its weak financial position. The latest accounts show substantial net current liabilities (£28,065) and negative shareholders’ funds (£24,216), indicating insolvency on a balance sheet basis. The company’s micro-entity status with no employees and minimal assets further limits operational resilience. Without evidence of improving cash flows or capital injection, the ability to service debt or meet commercial obligations is doubtful.

  2. Financial Strength:
    The balance sheet reflects a deterioration from positive net assets (£10) in 2022 to a material deficit in 2023. Fixed assets are minimal (£3,849), and current assets (£1,777) are significantly outweighed by current liabilities (£29,842). This negative working capital position suggests liquidity stress. The absence of shareholders’ equity and accumulated losses implies the company’s financial foundation is unsound.

  3. Cash Flow Assessment:
    Current assets largely consist of cash and receivables totaling £1,777, which is insufficient against short-term liabilities of nearly £30k. The company has no employees, indicating limited operational scale and possibly minimal cash inflows. The lack of audit and detailed cash flow statements prevents thorough analysis, but net current liability position signals poor liquidity and potential difficulties in meeting immediate obligations.

  4. Monitoring Points:

  • Watch for improvements in net current assets and shareholders’ funds in subsequent filings.
  • Monitor any capital injections or loans that could alleviate liquidity constraints.
  • Track operational developments or changes in business structure that might enhance cash flow generation.
  • Review director actions or external financing arrangements that address solvency concerns.

More Company Information