HELIOS OPEN INNOVATION VENTURES HOLDINGS LTD

Executive Summary

HELIOS OPEN INNOVATION VENTURES HOLDINGS LTD presents a low financial risk profile with improving liquidity and equity base, supported by timely statutory compliance. However, its early stage, reliance on intra-group receivables, and limited operational data warrant further review to fully assess business sustainability and debtor risk. Overall, the company appears stable with no immediate solvency or compliance concerns.

HELIOS OPEN INNOVATION VENTURES HOLDINGS LTD - Analysis Report

Company Number: 14140085

Analysis Date: 2025-07-29 19:51 UTC

1. Risk Rating: LOW
   The company demonstrates a solid equity position relative to its current liabilities, with net current assets increasing substantially year-on-year. It is current with statutory filings and shows no signs of financial distress or regulatory non-compliance.

2. Key Concerns:

• Limited scale and operational history: Incorporated in 2022 and employing only one person, the company is in its early growth phase, which inherently carries some operational risk due to limited track record.
• Reliance on group undertakings for debtors: A large portion of current assets are amounts owed by group companies, which may pose a concentration risk if those entities experience payment difficulties.
• Minimal fixed asset base and no detailed profit and loss disclosure: The company’s asset base is predominantly current assets with negligible fixed assets and no profit and loss account included, limiting insight into operational profitability and cash flow generation.

3. Positive Indicators:

• Strong net current asset position: Net current assets have increased from £2,454 in 2023 to £14,423 in 2024, indicating improved working capital and liquidity.
• No overdue filings or compliance issues: Accounts and confirmation statements are filed on time, reflecting good regulatory compliance and governance.
• Shareholders’ funds have increased significantly from £2,554 to £14,523, indicating capital injections or retained earnings bolstering financial stability.

4. Due Diligence Notes:

• Investigate the nature of amounts owed by group undertakings and assess the creditworthiness and operational status of those entities to confirm the recoverability of these debts.
• Review management accounts or internal financial information to gain insight into profitability, cash flow, and operational sustainability given the absence of detailed profit and loss data in the statutory accounts.
• Confirm the business model and revenue generation strategy considering the company is classified under SIC 64209 (holding companies), which typically do not generate operational revenue independently.