HONEYBEE CONTRACTS LTD

Executive Summary

HONEYBEE CONTRACTS LTD is a newly formed small construction installation company demonstrating a stable financial position with positive net assets and no compliance issues. While the company’s limited operating history and concentrated control warrant monitoring, current liquidity and solvency indicators are sound. Further due diligence should focus on revenue sustainability and debtor quality.

HONEYBEE CONTRACTS LTD - Analysis Report

Company Number: 15222449

Analysis Date: 2025-07-29 17:10 UTC

1. Risk Rating: LOW
   The company is newly incorporated (October 2023) but shows a positive net asset position, healthy net current assets, and no overdue filings. The financial data indicates an early-stage business with adequate working capital and no signs of distress.

2. Key Concerns:

• Limited operating history: Less than one full year of trading reduces visibility on operational stability and revenue sustainability.
• Single director and sole shareholder control: Concentration of control may pose governance risks if not supplemented by oversight mechanisms.
• Small scale and limited employee base (one employee) may restrict capacity to scale or absorb shocks.

3. Positive Indicators:

• Positive net current assets (£107k) and net assets (£121k) suggest solvency and liquidity are currently sound.
• No overdue accounts or confirmation statements, indicating compliance with statutory requirements.
• Tangible fixed assets are present, indicating some investment in operational capacity.
• Clear ownership and control structure with no apparent director disqualifications or regulatory issues.

4. Due Diligence Notes:

• Review detailed trading activities and revenue generation since incorporation to assess sustainability.
• Confirm the nature and collectability of debtors (£294k) given their materiality relative to total assets.
• Assess cash flow cycles and payment terms with creditors (£224k) to ensure liquidity remains sufficient.
• Investigate any related party transactions or contingent liabilities not disclosed in abridged accounts.
• Evaluate plans for growth, staffing, and capital requirements given the micro entity status and single employee.