Company Number: 14386983

Analysis Date: 2025-07-29 12:17 UTC

1. Risk Rating: MEDIUM
   Harrison Payroll Limited shows a moderate solvency position with improving net assets, but the presence of long-term creditors and limited financial history due to recent incorporation suggest some risks remain. The company is small and newly established, which typically carries inherent operational and liquidity uncertainties.

2. Key Concerns:

• Long-term liabilities of £53,872 relative to net assets of £38,694 may pressure solvency if cash flow is not steady.
• Limited operating history (incorporated late 2022) restricts trend analysis and increases uncertainty about sustainable profitability and cash generation.
• Micro-entity accounts with minimal disclosure limit visibility into detailed operational performance and contingent liabilities.

3. Positive Indicators:

• Substantial improvement in net assets from £208 to £38,694 within two years indicates capital injection or profitability progress.
• Positive net current assets (£27,597) suggest adequate short-term liquidity to cover immediate obligations.
• Directors and persons of significant control are clearly identified with no adverse records noted, implying stable governance.

4. Due Diligence Notes:

• Review the terms and maturity profile of the £53,872 creditors falling due after more than one year to understand refinancing or repayment risks.
• Obtain management accounts or cash flow forecasts to assess ongoing operational cash generation and working capital management.
• Investigate any off-balance sheet commitments or contingent liabilities given limited disclosures in micro-entity accounts.
• Confirm the absence of director disqualifications or regulatory compliance issues beyond public filings.