HARRY GEORGE DEVELOPMENTS LTD

Executive Summary

Harry George Developments Ltd currently faces elevated financial risk due to persistent negative net assets and substantial liabilities exceeding current assets, compounded by minimal liquidity. While the increase in investment property value offers some reassurance, the significant bank loan and lack of operational cash flow raise concerns about the company's ability to meet its obligations without further capital support or asset realization. Prospective investors should conduct detailed due diligence on the company’s financing arrangements, asset valuations, and operational plans before engagement.