Company Number: 14738252

Analysis Date: 2025-07-29 13:06 UTC

1. Risk Rating: HIGH
   Henley Property Limited exhibits significant solvency and liquidity concerns, evidenced by negative net assets and net current liabilities exceeding £100k against very limited current assets. The presence of substantial secured debt surpassing fixed assets heightens financial risk.

2. Key Concerns:

• Negative Net Assets: The company reports net liabilities of £8,498 shortly after incorporation, indicating equity erosion and potential insolvency risk.
• Liquidity Deficit: Current liabilities of £254,333 far exceed current assets of £2,076, resulting in a large negative working capital position (-£104,109), which raises immediate concerns about the company’s ability to meet short-term obligations.
• High Secured Debt Relative to Assets: Secured bank loans of £254,332 exceed the value of fixed assets (£349,944) and outweigh total assets net of current liabilities, implying limited asset coverage and financial strain.

3. Positive Indicators:

• Clean Compliance Record: No overdue filings or accounts, and the company is current with confirmation statements and accounts submissions.
• Experienced Director: One director is an accountant, which may support competent financial oversight.
• Micro-Entity Status: As a recently incorporated company qualifying as micro-entity, reduced filing complexity may help reduce administrative burden during early development.

4. Due Diligence Notes:

• Verify the nature and terms of the secured bank loan to understand repayment schedules, covenants, and default risks.
• Assess the business plan and cash flow projections to determine how the company intends to resolve its negative working capital and improve solvency.
• Investigate the fixed asset composition and valuation to confirm recoverability and collateral value for creditors.
• Review any intercompany transactions or director loans that might impact financial stability.
• Confirm no director disqualifications or regulatory issues beyond the data provided.