HOME SURVEYORS GROUP LIMITED

Executive Summary

HOME SURVEYORS GROUP LIMITED demonstrates significant financial distress with persistent negative net assets and working capital deficits, raising high solvency and liquidity risks. While regulatory filings are current, the company’s minimal operational footprint and deteriorating financial position warrant close scrutiny of its business viability and funding arrangements.

HOME SURVEYORS GROUP LIMITED - Analysis Report

Company Number: 13519589

Analysis Date: 2025-07-20 18:29 UTC

1. Risk Rating: HIGH
   The company exhibits significant solvency and liquidity concerns, with net liabilities increasing over the past two years and no indication of profitability or positive cash flow. The micro-entity status and limited scale restrict transparency and suggest limited operational scale.

2. Key Concerns:

• Persistent Negative Net Assets: The company’s net assets have deteriorated from -£8,252 in 2022 to -£11,390 in 2023, indicating an erosion of equity and ongoing financial distress.
• Negative Working Capital: Current liabilities substantially exceed current assets (£14,347 vs. £717 in 2023), highlighting potential cash flow difficulties to meet short-term obligations.
• Very Limited Operational Scale: The company employs, on average, only one person (including directors), implying limited business activity and potential revenue generation challenges.

3. Positive Indicators:

• Filing Compliance: The company is up to date with both its statutory accounts and confirmation statement filings, indicating good regulatory compliance and governance in this respect.
• No Indication of Director Misconduct: Directors appear in good standing with no records of disqualification or governance issues reported.
• Micro-entity Accounting: Use of micro-entity provisions reduces administrative burden, which may be appropriate for the company’s scale.

4. Due Diligence Notes:

• Investigate Underlying Business Model and Revenue Streams: Given limited operational scale and continued losses, assess the sustainability of the business and prospects for turnaround or growth.
• Review Cash Flow and Funding Sources: Understand how the company is managing working capital deficits and whether there is any external financing or shareholder support to cover liabilities.
• Examine Director and Shareholder Arrangements: Clarify the shift in control from Mr. Islam to Mrs. Khatun and assess any related party transactions or potential risks.