HUNTER GROUP SECURITY LIMITED
Executive Summary
Hunter Group Security Limited is a micro private security company that has recently improved its financial position from net liabilities to a small net asset surplus. While regulatory compliance is current and ownership is concentrated, the company's minimal financial scale and lack of operational detail warrant caution. Further investigation into trading performance and liabilities is advised to assess its ongoing viability and risk exposure.
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This analysis is opinion only and should not be interpreted as financial advice.
HUNTER GROUP SECURITY LIMITED - Analysis Report
Risk Rating: MEDIUM
The company shows recent improvement in net assets and working capital, moving from a negative net asset position to a positive one as of March 2024. However, the absolute values remain very low and the financial data indicates very limited operational scale, which introduces risk regarding sustainability and resilience.Key Concerns:
- Extremely low current assets (£16) and minimal share capital (£1), suggesting minimal financial buffer.
- Historical net liabilities and negative shareholder funds until the latest year, indicating prior solvency challenges.
- Lack of employees and no detailed profit and loss disclosure reduces insight into operational viability and cash flow generation.
- Positive Indicators:
- Transition from negative net assets (-£2,031 in 2023) to positive net assets (£272 in 2024) shows a recent improvement in financial position.
- Company is compliant with filing deadlines for both accounts and confirmation statements, indicating good regulatory adherence.
- Majority ownership and control by a single individual (Mr James Daniel Walton) can facilitate decisive governance.
- Due Diligence Notes:
- Investigate nature of the drastic improvement in net assets and working capital between 2023 and 2024 to confirm sustainability.
- Obtain and review profit and loss accounts or management accounts to assess actual trading performance and cash flows, as these are not publicly filed.
- Confirm the source and terms of any liabilities and creditor arrangements, especially given prior negative current liabilities figures and subsequent reversal.
- Assess business model and client base given zero reported employees and very low current assets to understand operational stability.
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