HEYWILL LIMITED

Executive Summary

Heywill Limited is a small but financially stable private limited company with strong liquidity and positive net assets. While the company’s scale is limited, its consistent cash position and low liabilities support its creditworthiness. Approval is recommended with ongoing monitoring of cash flow and equity trends to mitigate risks associated with its modest financial footprint.

HEYWILL LIMITED - Analysis Report

Company Number: 12718102

Analysis Date: 2025-07-29 16:54 UTC

1. Credit Opinion: APPROVE with conditions
   Heywill Limited demonstrates a solid liquidity position with consistent positive net current assets and net asset value over the last five years. The company has no overdue filings and maintains a clean director record. However, the company is very small with minimal fixed assets and low share capital (£10), indicating limited financial scale. Approval is recommended with conditions to monitor cash flow and profitability trends closely, given limited fixed asset backing and relatively stable but modest financial growth.

2. Financial Strength:
   The balance sheet reflects a small but financially stable private limited company. Net assets have declined moderately from £93,924 in 2020 to £64,471 in 2024, primarily due to reductions in fixed assets and current assets. Shareholders’ funds track net asset levels and remain positive, indicating no insolvency risk. Current liabilities are consistently low relative to current assets, underpinning sound working capital. The company operates with minimal tangible fixed assets (£618 in 2024) and modest investments (£517) but maintains a strong cash position (~£81k).

3. Cash Flow Assessment:
   Cash at bank remains robust at £81,190 (2024), representing the majority of current assets and providing strong liquidity. Debtors are minimal (£543), and trade creditors are low (£900), indicating limited credit exposure and good short-term liquidity. Current liabilities mainly comprise corporation tax and accruals, both stable year-over-year. Net current assets consistently exceed £60k, supporting the company’s ability to meet short-term obligations comfortably. The stable cash balance suggests prudent cash management, but ongoing monitoring of cash inflows and outflows is necessary due to the company’s small operational scale.

4. Monitoring Points:

• Track net asset and equity trends for signs of erosion that could impair creditworthiness.
• Monitor corporation tax liabilities and ensure timely payments to avoid penalties.
• Watch cash flow trends, especially changes in cash balances and debtor levels.
• Review any changes in fixed asset investments or acquisitions impacting leverage.
• Confirm timely filing of accounts and returns to maintain compliance.
• Observe any changes in director status or company structure that could affect governance.