HAZARDS & RISKS SOLUTIONS LIMITED
Executive Summary
Hazards & Risks Solutions Limited operates as a micro-sized specialist in the UK health and safety consultancy sector, demonstrating typical early-stage financials with improving net assets and modest staffing growth. Positioned as a niche player, it benefits from sector tailwinds such as heightened regulatory focus and demand for occupational health services, though it faces competitive pressure from larger firms and digital disruptors. Strategic focus on scaling and service differentiation will be key to advancing its market position.
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This analysis is opinion only and should not be interpreted as financial advice.
HAZARDS & RISKS SOLUTIONS LIMITED - Analysis Report
Industry Classification
Hazards & Risks Solutions Limited operates primarily under SIC codes 96090 ("Other service activities not elsewhere classified") and 86900 ("Other human health activities"). These classifications suggest the company is engaged in specialized service provision related to health and safety, risk management, or consultancy services that do not fall into more common categories. The sector is characterized by a blend of consultancy, compliance, and bespoke health and safety advisory services, often catering to businesses looking to manage workplace hazards and comply with regulatory standards.Relative Performance
As a micro-entity incorporated in 2022, Hazards & Risks Solutions Limited exhibits typical financial metrics for a very small, early-stage service company. Its net assets increased from £4,268 in 2023 to £9,020 in 2024, indicating modest growth and an improvement in working capital from £4,268 to £9,020. The company employs an average of 3 staff in 2024, up from 1 the previous year, reflecting scaling activity. Compared to industry norms for micro-sized health and safety consultancies, these figures are consistent with a start-up phase focusing on establishing a client base and managing cash flow carefully. The absence of long-term assets and limited liabilities aligns with typical micro-entities operating in service sectors, where capital intensity is low.Sector Trends Impact
The health and safety consultancy space in the UK continues to evolve, driven by increasing regulatory scrutiny, heightened awareness of workplace wellbeing, and the integration of digital risk management tools. Post-pandemic changes have also amplified demand for specialized health-related advisory services, particularly in occupational health and risk mitigation. These trends provide growth opportunities for niche players like Hazards & Risks Solutions Limited, especially those agile enough to offer customized consultancy or to serve SMEs that often lack in-house expertise. However, competition from larger consultancies and digital platforms offering scalable solutions poses challenges. Additionally, economic uncertainty may influence client budgets for external consultancy services, affecting revenue growth potential.Competitive Positioning
Hazards & Risks Solutions Limited is clearly a niche and emerging player within the UK health and safety consultancy market. Its micro-entity status and recent incorporation place it at the smaller end of the spectrum compared to established competitors, which range from large consultancies with diversified offerings to other small specialist firms. Strengths include its focused expertise (as indicated by directors with health and safety consultancy backgrounds) and lean operational structure, enabling responsiveness and personalized client engagement. Weaknesses typical of such micro-entities include limited financial resources, smaller client portfolios, and potentially less brand recognition. Compared to sector norms—where mid-sized consultancies often report substantially higher turnover and net assets—the company’s financial footprint is modest but appropriate for its stage. Building scale, diversifying services, and leveraging digital tools will be crucial for competitive advancement.
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