HIRED HANDS WASTE MANAGEMENT SOLUTIONS LIMITED

Executive Summary

HIRED HANDS WASTE MANAGEMENT SOLUTIONS LIMITED is a small, micro-entity company with a stable though modest financial position. It maintains positive working capital and equity, suggesting an ability to meet short-term obligations despite small scale and limited asset base. Continued monitoring of liquidity and financial trends is advisable to support credit extensions.

HIRED HANDS WASTE MANAGEMENT SOLUTIONS LIMITED - Analysis Report

Company Number: 13177189

Analysis Date: 2025-07-29 16:17 UTC

1. Credit Opinion: APPROVE with caution. The company is a micro-entity with limited financial scale and minimal fixed assets, but it shows a positive net current asset position and positive net assets over the past reported years. The modest working capital buffer and positive equity indicate the ability to meet short-term obligations. However, the low absolute values and lack of significant asset base necessitate cautious credit limits and monitoring. The company’s longevity since 2021 and continued active status support creditworthiness for small credit facilities.

2. Financial Strength: The balance sheet is stable but limited in size, with net assets of £1,595 as of February 2024, slightly down from £1,695 in 2023. Fixed assets are nil, indicating no long-term investments or property. Current assets have decreased significantly from £13,767 to £3,788 in 2024, while current liabilities also dropped from £12,072 to £2,193, maintaining a positive working capital of £1,595. Shareholders’ funds mirror net assets, consistent with the micro-entity status and small share capital of £100.

3. Cash Flow Assessment: The company maintains positive net current assets, a critical liquidity indicator, with a ratio above 1 (current assets exceed current liabilities). However, the reduction in current assets from previous year suggests some decline in cash or receivables, which could impact short-term liquidity. The small scale of operations (one employee) and no fixed assets imply low operating overheads, which is positive for cash flow management. There is no indication of overdue filings or financial distress.

4. Monitoring Points:

• Watch the trend in current assets and liabilities to ensure liquidity remains positive.
• Monitor any significant changes in working capital or cash balances.
• Track revenue and profitability metrics when available to assess growth trajectory.
• Observe director changes or any adverse events affecting management stability.
• Confirm continued on-time filing of accounts and confirmation statements to avoid compliance risk.