HALLIWELL JONES DEVA LIMITED

Executive Summary

Halliwell Jones Deva Limited demonstrates improved financial position with positive net assets and liquidity after its first full year of trading, supported by related party funding. While the company shows operational growth and investment, the significant related party balances and contingent vehicle purchase obligations introduce risk factors. Conditional credit approval is recommended with continued monitoring of related party exposure, profitability, and cash flow stability to ensure ongoing creditworthiness.

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