HALLAM PARTNERS LIMITED

Executive Summary

Hallam Partners Limited is an early-stage micro-entity with a weak liquidity position primarily due to high current liabilities against minimal current assets. While the company shows positive net assets, its cash flow capability to meet short-term obligations is limited. Conditional credit approval is recommended with close monitoring of working capital and operational cash flow development before extending significant credit facilities.

HALLAM PARTNERS LIMITED - Analysis Report

Company Number: 15092999

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

1. Credit Opinion: CONDITIONAL APPROVAL
   Hallam Partners Limited is a newly incorporated micro-entity engaged in building project development. Its balance sheet shows a modest net asset position (£3,374) with fixed assets of £191,879 but a significant shortfall in net current assets (-£188,505) due to current liabilities (£193,302) exceeding current assets (£4,797). The negative working capital position is a concern for liquidity and short-term debt servicing capacity. However, the company has no employees and is in an early stage of development, which may explain low current assets. Directors have filed accounts on time and there are no adverse director conduct records. Credit approval is recommended with conditions requiring monitoring of liquidity improvement and evidence of cash flow generation before increasing credit exposure.

2. Financial Strength:
   The company’s financial position is weak in terms of liquidity given current liabilities nearly 40 times current assets, resulting in negative net current assets. Fixed assets form the bulk of total assets, but these are relatively illiquid. The company’s net assets and shareholder funds are positive but minimal (£3,374), reflecting the early stage of operations and likely initial capital injections. No accumulated reserves or profits are reported. Overall, the balance sheet indicates a capital-intensive start-up with limited working capital buffers.

3. Cash Flow Assessment:
   Current assets are very low, and the company holds minimal cash or equivalents. Given current liabilities exceed current assets by a large margin, this suggests potential cash flow pressure to meet short-term obligations. Absence of employees may mean limited operating costs currently, but future growth will require working capital. Monitoring of cash inflows from operations or external funding will be critical. No detailed cash flow statement is available, so liquidity risk remains elevated until further financial history is established.

4. Monitoring Points:

• Improvement in net current assets and working capital position
• Generation of positive operating cash flows or evidence of external financing
• Timely filing of future accounts and confirmation statements
• Any material changes in liabilities or asset composition
• Business progress in development projects and resultant revenue streams
• Director conduct and governance compliance