HOLDFAST SAFETY & DRONE SERVICES LIMITED

Executive Summary

HOLDFAST SAFETY & DRONE SERVICES LIMITED is a newly formed micro-entity with a positive net asset base and no outstanding compliance issues, indicating low immediate risk. However, the limited operating history and small scale warrant further due diligence on business viability and cash flow management. Overall, current evidence suggests initial financial stability with operational risk typical for a start-up.

HOLDFAST SAFETY & DRONE SERVICES LIMITED - Analysis Report

Company Number: 15254422

Analysis Date: 2025-07-29 20:21 UTC

1. Risk Rating: LOW
   The company is newly incorporated (November 2023) and currently active with no overdue filings. Financial data indicates a positive net asset position and net current assets, suggesting initial solvency and liquidity. The scale as a micro-entity with very limited operations somewhat limits complexity and risk.

2. Key Concerns:

• Limited operating history: Incorporated less than 1 year ago, so financial stability and operational sustainability cannot yet be fully assessed.
• Minimal employee base (1 employee including directors): Potential operational capacity constraints and reliance on key individuals.
• Small scale of current assets and liabilities: While net current assets are positive, the absolute amounts are low and could be vulnerable to cash flow fluctuations.

3. Positive Indicators:

• Positive net current assets (£1,708) and shareholders’ funds (£8,353) suggesting the company currently meets obligations.
• No overdue accounts or confirmation statements, indicating compliance with filing and regulatory requirements.
• Clear ownership structure with two directors controlling all voting rights and shares, enabling streamlined decision-making.

4. Due Diligence Notes:

• Investigate the company’s business model, contracts, and revenue projections to assess operational sustainability beyond initial setup.
• Review cash flow statements or interim management accounts if available to confirm liquidity beyond balance sheet snapshot.
• Monitor director background and governance practices given the small team and concentrated control to mitigate operational risks.
• Confirm no related party transactions or contingent liabilities not disclosed in micro-entity accounts.