HAPPY BEAR TOYS LTD

Executive Summary

Happy Bear Toys Ltd shows a consistent pattern of negative net assets and significant liquidity shortfalls, raising substantial solvency concerns. While regulatory compliance is maintained, the lack of profit and loss transparency and zero reported employees point to operational fragility. Further investigation into financial performance and management strategy is essential before considering investment.

HAPPY BEAR TOYS LTD - Analysis Report

Company Number: 12870123

Analysis Date: 2025-07-29 15:54 UTC

1. Risk Rating: HIGH
   The company displays significant and persistent negative net assets and net current liabilities over multiple years. Current liabilities vastly exceed current assets, indicating severe liquidity stress and potential solvency issues.

2. Key Concerns:

• Negative net assets of £16,540 as of 2023 and increasing net current liabilities suggest ongoing financial distress and potential inability to meet obligations.
• No employees reported, which may imply limited operational capacity or reliance on contractors; sustainability of operations is questionable.
• The company has not provided profit and loss accounts publicly, limiting transparency on revenue generation and operational performance.

3. Positive Indicators:

• The company is active and compliant with filing deadlines, with no overdue accounts or confirmation statements, indicating adherence to regulatory requirements.
• Directors and people with significant control are clearly identified and appear stable without any disqualifications.
• The company operates in an e-commerce retail sector (mail order/Internet retail), which can have scalable potential if financial issues are resolved.

4. Due Diligence Notes:

• Investigate the company's revenue streams, profitability, and cash flow given the absence of profit and loss accounts filed.
• Clarify funding sources and any outstanding debts or contingent liabilities causing the sustained negative net asset position.
• Assess operational model and management plans to address liquidity and solvency risks, including any restructuring or capital injection strategies.