HUMBER INDUSTRIAL DOORS LIMITED

Executive Summary

Humber Industrial Doors Limited is a newly formed micro-entity with a clean compliance record and a positive net asset position. While its limited operating history constrains a full credit assessment, the company shows adequate short-term financial stability and clear management control. Approval is recommended with low initial credit exposure and ongoing monitoring of trading and liquidity metrics as the business matures.

HUMBER INDUSTRIAL DOORS LIMITED - Analysis Report

Company Number: 15161885

Analysis Date: 2025-07-20 16:40 UTC

1. Credit Opinion:
   APPROVE with caution. Humber Industrial Doors Limited is a newly incorporated micro-entity showing a modest but positive net asset position and positive working capital. The company’s financial profile is very early stage, limiting the depth of historical financial data available. However, there are no overdue filings or adverse director issues, and the sole director holds majority ownership, indicating clear control and responsibility. The limited scale and short trading history suggest credit exposure should be kept low initially, with ongoing monitoring as the business establishes trading performance.

2. Financial Strength:
   The balance sheet at 30 September 2024 shows total net assets of £12,659, primarily composed of £11,165 in fixed assets and £13,014 in current assets against £10,270 in current liabilities. Net current assets are positive at £2,744, reflecting adequate short-term financial stability. The company’s capital structure is entirely equity-funded, with no apparent external debt, supporting financial resilience. The micro-entity status and single employee suggest a lean operation with low overheads but also limited asset base and scale.

3. Cash Flow Assessment:
   Current assets exceed current liabilities by a small margin (£2,744), indicating a positive but modest working capital buffer. The accounts do not detail cash balances or cash flow statements, typical for micro-entities, so liquidity must be inferred. The business appears able to meet short-term obligations but has limited financial slack. Close attention should be paid to cash conversion cycles and debtor collections as trading progresses to avoid liquidity strain.

4. Monitoring Points:

• Trading performance and revenue growth once available, to assess ability to generate sustainable cash inflows.
• Timely filing of future accounts and confirmation statements to maintain compliance and transparency.
• Changes in working capital components, particularly current liabilities and creditor payment terms.
• Director’s financial stewardship and any changes in ownership or management structure.
• Any introduction of debt or external financing that affects leverage and repayment capacity.