Company Number: 13787082

Analysis Date: 2025-07-20 16:46 UTC

1. Risk Rating: LOW
   Helyers Design Services Ltd shows a stable financial position for a micro-entity, with positive net current assets and net assets increasing year-over-year. The company is active, compliant with filing deadlines, and exhibits no liquidity or solvency red flags based on available data.

2. Key Concerns:

• Limited Scale and Growth: As a micro-entity with only 2 employees and relatively modest asset figures, the company’s scale may limit operational resilience and growth potential.
• Profit & Loss Information Not Public: The profit and loss account has not been filed publicly, limiting visibility into profitability trends and operational efficiency.
• Concentration of Control: 75-100% ownership by a single director presents governance concentration risk, potentially impacting oversight and decision-making independence.

3. Positive Indicators:

• Strong Liquidity Position: Current assets comfortably exceed current liabilities, with net current assets improving from £16,983 in 2022 to £11,832 in 2023, indicating good short-term financial health.
• Consistent Compliance: Accounts and confirmation statements are up to date with no overdue filings, reflecting good regulatory compliance and governance practices.
• Increasing Net Assets: Shareholders’ funds and net assets have increased from £13,863 in 2022 to £16,420 in 2023, suggesting retained earnings or capital injections strengthening equity.

4. Due Diligence Notes:

• Request full profit and loss accounts to assess profitability, revenue trends, and expense management.
• Review the nature of current liabilities and accruals (£5,280 in 2023) to evaluate any off-balance sheet risks or contingent liabilities.
• Investigate client base and contract stability to assess operational sustainability given the small scale of the business.
• Consider the background and track record of the sole director for governance and management quality.
• Confirm absence of any director disqualifications or regulatory issues beyond the Companies House data.