HULSOM LTD

Executive Summary

Hulsom Ltd is a financially sound micro-entity with strong liquidity and growing equity, supporting its ability to meet debt obligations. The business is stable, with good working capital and no overdue statutory filings, making it a low-risk candidate for credit facilities at moderate exposure levels. Ongoing monitoring should focus on maintaining liquidity and director oversight.

HULSOM LTD - Analysis Report

Company Number: 13916795

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

1. Credit Opinion: APPROVE
   Hulsom Ltd demonstrates a stable and improving financial position with positive net assets and net current assets. The company has no overdue filings, and the sole director shows clear control and responsibility. Given its micro-entity status and relatively short trading history, credit exposure should be moderate but is supported by strong liquidity and equity growth.

2. Financial Strength:
   The balance sheet shows net assets increased from £23,172 in 2023 to £40,602 in 2024, reflecting a solid equity base for a micro entity. Fixed assets are minimal, indicating limited capital investment but also low depreciation risk. Current assets have more than doubled to £81,679, outpacing current liabilities of £40,696, resulting in net current assets of £40,983. This signals sound working capital management and a strong buffer against short-term obligations.

3. Cash Flow Assessment:
   Current assets primarily consist of cash and receivables, supporting good liquidity and capacity to meet debts as they fall due. The net current asset position is healthy, and there are no indications of significant payables pressure. The absence of auditing requirements and a single employee/director structure suggest low operational complexity, reducing cash flow volatility risks.

4. Monitoring Points:

• Continued growth in current assets relative to liabilities to maintain liquidity.
• Monitor director's credit and operational conduct as the business relies heavily on one individual.
• Watch for any significant changes in working capital or fixed assets that might impact cash flow.
• Review next accounts and confirmation statement filings for timely compliance and any emerging risks.