HARKEN ENERGY ADVISORY LIMITED

Executive Summary

Harken Energy Advisory Limited is a micro-sized, financially stable company with consistent growth in net assets and strong liquidity. The company shows sound financial management, no debt, and a healthy working capital position, making it suitable for credit approval. Continued monitoring should focus on liquidity maintenance and compliance adherence.

HARKEN ENERGY ADVISORY LIMITED - Analysis Report

Company Number: 13107278

Analysis Date: 2025-07-19 12:54 UTC

1. Credit Opinion: APPROVE
   Harken Energy Advisory Limited demonstrates a stable and positive financial position with strong net current assets and shareholders' funds relative to its size. The company is micro-sized, with manageable liabilities and consistent growth in net assets over the past four years. No overdue filings or signs of financial distress are present, showing sound governance and compliance. Given the company's financial strength and active status, it is creditworthy for typical micro-enterprise credit facilities.

2. Financial Strength:
   The balance sheet reflects consistent growth in net assets from £66,280 at incorporation in 2020 to £76,716 in 2023. Fixed assets are minimal (£124 in 2023), indicating low capital expenditure and likely a service-based business model aligned with its SIC code for financial management. Current assets have increased slightly, primarily cash or equivalents, while current liabilities are stable and low at around £19k. Shareholders’ funds equal total net assets, indicating no external debt and a well-capitalized position.

3. Cash Flow Assessment:
   Net current assets of £76,592 in 2023 represent strong working capital coverage, with current assets (£95,708) comfortably exceeding current liabilities (£19,116). This liquidity buffer suggests the company can easily meet short-term obligations and has adequate cash flow to support ongoing operations and debt servicing if credit is extended. The absence of borrowings or external debt reduces risk of cash flow strain.

4. Monitoring Points:

• Continue to monitor net current assets and liquidity status to ensure ongoing ability to meet short-term liabilities.
• Track any changes in current liabilities that may indicate increased financial commitments or cash flow pressure.
• Review timely filing of accounts and confirmation statements to maintain compliance.
• Observe any changes in director or ownership structure that may affect financial stewardship or control.