Company Number: 15310799

Analysis Date: 2025-07-29 18:35 UTC

1. Credit Opinion: APPROVE with caution. HSR BUILDERS LTD is a newly incorporated micro-entity (Nov 2023) operating in the building completion and finishing sector. With only one year of financial data available, the company shows a positive net asset position and positive working capital, indicating initial financial stability. The sole director and 100% shareholder, Mr. Shahid Akrum, is directly involved in the building trade, suggesting relevant industry experience. However, the absence of historical trading results and limited operating history necessitates ongoing monitoring of performance and cash flow.

2. Financial Strength: The balance sheet at 30 November 2024 shows current assets of £44,173 against current liabilities of £7,995, yielding net current assets of £36,178 and total net assets of the same amount. There are no long-term liabilities recorded, and shareholders’ funds equal net assets, indicating no external debt. This strong equity base for a micro-entity demonstrates good initial capitalization. The company employs 2 staff, appropriate for its size. The micro-entity status limits financial disclosures, but the available data suggests a sound financial foundation.

3. Cash Flow Assessment: Current assets primarily consist of cash or receivables sufficient to cover short-term liabilities, providing positive liquidity and working capital of £36,178. The company’s ability to meet immediate obligations appears solid. Without detailed profit and loss data or cash flow statements, assessing operational cash generation is limited. The business should be monitored for turnover growth and timely receivable collections to ensure sustainable cash flow as it expands.

4. Monitoring Points:

• Track annual turnover and profitability trends to confirm business growth trajectory.
• Monitor debtor days and cash conversion cycle to ensure liquidity is maintained.
• Review director’s management of working capital and cost control as operations expand.
• Keep updated on any changes in company structure or credit exposure.
• Watch the next accounts filing for more comprehensive financial details.