HARDY LIVING LTD
Executive Summary
Hardy Living Ltd is a dormant private limited company with a minimal financial footprint and no reported liabilities, indicating low immediate financial risk. The company complies with filing requirements, but the absence of operational data limits assessment of future sustainability. Further inquiry into business plans and capital support is advisable before considering investment exposure.
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This analysis is opinion only and should not be interpreted as financial advice.
HARDY LIVING LTD - Analysis Report
Risk Rating: LOW
Justification: Hardy Living Ltd is a dormant private limited company with minimal financial activity and no liabilities reported. The company maintains a consistent nominal current asset value (£200) and shareholder funds equal to share capital across multiple years, indicating no operational engagement or financial obligations. Regulatory filings are current and no overdue accounts or confirmation statements are noted.Key Concerns:
- Dormant status implies no trading activity; lack of operational data limits assessment of business sustainability or growth prospects.
- Minimal financial footprint (£200 share capital and current assets) suggests limited capital resources to fund future operations or absorb losses.
- Absence of detailed profit and loss data due to exemption under small company rules restricts evaluation of income, expenses, or cash flow trends.
- Positive Indicators:
- Company is compliant with statutory filing deadlines for both accounts and confirmation statements, reducing regulatory risk.
- Directors and persons of significant control are clearly identified with no reported disqualifications or compliance issues.
- No liabilities or current debts reported, indicating no immediate solvency or liquidity pressure.
- Due Diligence Notes:
- Investigate intended business activities and plans for Hardy Living Ltd given its dormant status since incorporation.
- Confirm whether there are any off-balance-sheet commitments or contingent liabilities not captured in dormant accounts.
- Assess the financial capacity and willingness of the principal shareholders (Hardy family) to inject capital if the company transitions from dormancy to active trading.
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