Company Number: 12742725

Analysis Date: 2025-07-29 16:27 UTC

1. Risk Rating: LOW
   HL Campers Ltd shows a stable financial position with positive net current assets and net assets increasing year-on-year. The company is compliant with filing deadlines and has no indications of distress or regulatory issues.

2. Key Concerns:

• Limited financial scale: As a micro-entity, the company operates on a small scale with minimal share capital (£2.00), which may limit resilience to shocks.
• Fluctuating current assets: Current assets decreased significantly in 2024 compared to prior years, which could indicate cash flow variability or changes in working capital management.
• Concentrated management: Both directors share the same address and likely control the company, which may present governance risks or succession concerns.

3. Positive Indicators:

• Positive net current assets (£24,047) and net assets (£22,457) at the latest year-end, reflecting solvency and ability to meet short-term obligations.
• Consistent compliance with Companies House filing requirements; no overdue accounts or confirmation statements.
• Stable employee base (2 employees including directors) indicating operational continuity in a niche market segment (sale of motor vehicles).

4. Due Diligence Notes:

• Review detailed cash flow statements, if available, to assess liquidity trends and working capital management, especially given the drop in current assets in 2024.
• Investigate the nature of current liabilities to understand short-term obligations and payment terms with suppliers or creditors.
• Assess any related-party transactions or director loans given the small scale and director concentration.
• Confirm any off-balance-sheet liabilities or contingent risks that may not be captured in micro-entity accounts.