Company Number: 13883782

Analysis Date: 2025-07-29 16:40 UTC

1. Risk Rating: MEDIUM
   The company shows positive net assets growth but exhibits liquidity concerns given its negative net current assets position. As a micro-entity with limited financial history and a very small workforce, operational scale and financial resilience remain limited.

2. Key Concerns:

• Negative Net Current Assets: At 31 January 2024, current liabilities (£3,330) exceed current assets (£634) resulting in net current liabilities of £2,696, indicating potential short-term liquidity issues to meet immediate obligations.
• Limited Financial History and Scale: Incorporated in 2022, with only 2 years of minimal financial data, the company’s track record is short, making trend analysis and risk assessment less robust.
• Name Change and Director Resignations: The recent name change (Jan 2025) and director turnover early in the company’s life may hint at restructuring or governance adjustments that require further context to assess stability.

3. Positive Indicators:

• Positive Net Assets and Shareholder Funds: Despite liquidity concerns, net assets increased from £1 in 2023 to £8,550 in 2024, suggesting some capital investment in fixed assets (£11,246) and an improving equity position.
• Compliance and Timely Filings: The company is up to date with its accounts and confirmation statement filings with no overdue reports, indicating good regulatory compliance.
• Concentrated Ownership and Control: The sole significant controller, Natasha Michelle Haywood, holds majority shares and voting rights, potentially enabling streamlined decision-making and strategic control.

4. Due Diligence Notes:

• Investigate the nature of fixed assets (£11,246) acquired and their liquidity or operational impact.
• Review cash flow statements or management accounts if available to assess short-term liquidity beyond balance sheet snapshots.
• Understand reasons behind the name change from A&T Surveys Ltd to Hucknall Asbestos Solutions Ltd and the early director resignation to evaluate governance stability.
• Confirm whether the company has any outstanding debts or contingent liabilities not captured in the balance sheet.
• Assess the operational model and revenue generation to determine if the company’s business is sustainable and growing.