HERNANDEZ METAL AIRCRAFT LTD

Executive Summary

Hernandez Metal Aircraft Ltd is a newly formed micro-entity with minimal financial resources and no operational track record, resulting in a high credit risk profile. The company’s current financial position is very weak, with nominal assets and limited liquidity, and overdue statutory filings raise concerns about governance and compliance. Without evidence of business development or improved financial strength, credit facilities cannot be supported at this stage.

HERNANDEZ METAL AIRCRAFT LTD - Analysis Report

Company Number: 15711620

Analysis Date: 2025-07-29 12:27 UTC

1. Credit Opinion:
   DECLINE. Hernandez Metal Aircraft Ltd is a newly incorporated micro-entity with minimal financial history and extremely limited assets (£100 net assets). Its balance sheet shows negligible working capital and no evidence of operating revenue or profit generation. The absence of meaningful financial data and operational track record, combined with the overdue confirmation statement filing, presents a high credit risk. The company’s ability to service debt obligations is unproven.

2. Financial Strength:
   The company’s financial strength is currently very weak. With total assets and net assets of only £100, the balance sheet shows no substantive capital or reserves. The micro-entity exemption status and unaudited accounts limit transparency and assurance. There are no fixed assets or cash balances reported beyond a nominal amount, indicating no tangible security or buffer against liabilities.

3. Cash Flow Assessment:
   Cash flow and liquidity assessment is constrained by the lack of detailed information, but the reported current assets of £100 matched by net current assets of £100 suggest minimal working capital. With only one employee and no reported revenues or profits, the company likely has minimal cash inflows and limited capacity to meet short-term obligations or fund operations without additional capital injection.

4. Monitoring Points:

• Timely submission of overdue confirmation statement and future statutory filings to ensure compliance.
• Development of operating revenue and profitability to improve cash flow and reduce reliance on equity funding.
• Monitor any material changes in asset base or liabilities in forthcoming accounts.
• Track any additional director appointments or changes in ownership structure that may affect control and governance.
• Watch for any related party transactions or capital injections that may affect liquidity and credit risk.