HEWITSON HEATING & UTILITY SERVICES LTD

Executive Summary

HEWITSON HEATING & UTILITY SERVICES LTD shows a solid financial position with growing net assets and strong liquidity, supported by timely regulatory compliance. However, the company’s very small scale and sole director control warrant further investigation into operational sustainability and governance risks. Additional financial details would be necessary to fully assess profitability and cash flow stability.

HEWITSON HEATING & UTILITY SERVICES LTD - Analysis Report

Company Number: 13541558

Analysis Date: 2025-07-29 16:38 UTC

1. Risk Rating: LOW
   The company demonstrates a strong net asset position relative to its size, with adequate working capital and no overdue filings, indicating sound financial management and compliance.

2. Key Concerns:

• Limited scale and employee base (only one employee), which may constrain operational capacity and scalability.
• Reliance on a single director/shareholder who holds full control, potentially increasing governance risk if key-person dependency arises.
• Absence of an income statement and limited financial disclosures due to micro-entity reporting, restricting visibility into profitability and cash flow trends.

3. Positive Indicators:

• Consistent growth in net assets from £9,033 in 2021 to £18,636 in 2024, reflecting retained earnings or capital injection.
• Strong liquidity position with current assets significantly exceeding current liabilities (£16,191 vs £749 as of 2024), indicating low short-term solvency risk.
• Timely filing of accounts and confirmation statements, evidencing good compliance with regulatory requirements.
• The company operates within essential service sectors (plumbing, heating, electrical installation), which tend to have steady demand.

4. Due Diligence Notes:

• Obtain more detailed financial information, including profit and loss statements, to assess operational profitability and cash flow sustainability.
• Investigate customer concentration and contracts to evaluate revenue stability and growth prospects.
• Review director’s background and capacity given the small scale and single-person control to understand succession or continuity risks.
• Confirm that no related party transactions or contingent liabilities exist given the director’s sole control.