HR PAGE CONSULTANCY LTD

Executive Summary

HR Page Consultancy Ltd remains an active, compliant small private consultancy but faces medium risk due to a steep decline in cash reserves and net assets over the last year. While no immediate insolvency signs are apparent, liquidity appears tight and warrants further review of financial performance and obligations. Concentrated ownership also suggests governance scrutiny is advisable.

HR PAGE CONSULTANCY LTD - Analysis Report

Company Number: 13658324

Analysis Date: 2025-07-20 19:06 UTC

1. Risk Rating: MEDIUM
   The company shows a marked decline in net assets and cash reserves over the past year, indicating potential solvency and liquidity pressures. However, it remains active and compliant with filings, and has no indication of insolvency proceedings.

2. Key Concerns:

• Significant reduction in cash from £76,936 in 2023 to £16,820 in 2024, coupled with a large drop in net assets from £13,443 to £977, which raises concerns about cash flow sustainability and ability to meet short-term obligations.
• Current liabilities remain relatively high (£15,843), close to the current cash balance, suggesting limited working capital buffer and potential liquidity strain.
• Concentrated ownership and control with two directors holding 75-100% share and voting rights, which could pose governance risk if personal circumstances affect company stability.

3. Positive Indicators:

• The company is up to date with both accounts and confirmation statement filings, indicating regulatory compliance and administrative discipline.
• The business has maintained stable employment (2 persons including directors), consistent with a small consultancy operation, implying operational continuity.
• No indication of overdue payments or formal insolvency actions, and the company benefits from exemption from audit as a small entity, reducing compliance costs.

4. Due Diligence Notes:

• Investigate the underlying causes for the sharp decline in cash and net assets in the latest financial year to assess if this is a one-off event or a trend.
• Review detailed profit and loss accounts (not filed publicly) to evaluate revenue trends, expense management, and profitability.
• Assess the nature of current liabilities, particularly tax and social security obligations, to understand timing and risk of potential default.
• Consider the impact of having only two directors/shareholders on decision-making and succession planning.