HOARE GROUP LIMITED

Executive Summary

Hoare Group Limited is a recently incorporated micro private company with a negative net asset position and a current liabilities exceeding current assets, indicating significant solvency and liquidity risks. The company relies heavily on director funding to continue operations, with no audit requirement reflecting its size but increasing the need for careful review of financial sustainability. Timely statutory filings and full director control are positive factors, but investor caution is warranted pending further due diligence on the company’s operational viability and funding structure.

HOARE GROUP LIMITED - Analysis Report

Company Number: 14493189

Analysis Date: 2025-07-20 14:39 UTC

1. Risk Rating: HIGH
   The company exhibits significant solvency risk as evidenced by negative net assets and net current liabilities. The reliance on director funding to meet obligations and the absence of an operational profit base increase financial vulnerability.

2. Key Concerns:

• Negative Net Assets: The company’s net assets stand at -£7,351, indicating liabilities exceed assets and an erosion of equity.
• Working Capital Deficit: Current liabilities (£17,994) substantially exceed current assets (£10,643), creating a net current liability position that signals liquidity pressure.
• Director Loan Dependency: £11,651 of the current liabilities are owed to the director, suggesting ongoing reliance on director financing rather than operational cash flow.

3. Positive Indicators:

• No Overdue Filings: All statutory accounts and confirmation statements are filed on time, reflecting compliance with regulatory obligations.
• Single Director with Full Control: The director’s full ownership and control may facilitate swift decision-making and capital support.
• Clear Accounting Policies and Going Concern Statement: The director explicitly acknowledges the going concern basis supported by director funding, indicating awareness and management of financial risks.

4. Due Diligence Notes:

• Verify the nature and terms of the director loan: interest rates, repayment plans, and security arrangements.
• Assess any operational revenue streams or contracts in place that could improve liquidity and profitability.
• Confirm the company’s business plan and funding commitments to understand sustainability beyond director support.
• Investigate potential contingent liabilities or off-balance sheet obligations not disclosed in the accounts.
• Monitor future filings for improvements or further deterioration in financial position.