NATIONAL ASSOCIATION FOR HEALTHCARE SECURITY LTD

Executive Summary

NATIONAL ASSOCIATION FOR HEALTHCARE SECURITY LTD demonstrates solid financial health with positive net assets and no liabilities, reflecting strong liquidity and solvency typical of a healthy micro-entity. However, a noticeable drop in current assets suggests the need for vigilance in cash flow management. Strategic investment and income diversification will support sustainable growth and financial resilience.

NATIONAL ASSOCIATION FOR HEALTHCARE SECURITY LTD - Analysis Report

Company Number: 13242341

Analysis Date: 2025-07-29 16:17 UTC

Financial Health Assessment Report for NATIONAL ASSOCIATION FOR HEALTHCARE SECURITY LTD
As of 31 March 2024

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1. Financial Health Score: B

Explanation:
The company demonstrates stable financial footing with positive net assets and no current liabilities, indicating a healthy working capital position. However, the absence of fixed assets and a reduction in current assets compared to the previous year suggest limited investment in long-term resources and some contraction in available liquid resources. Given it is a micro-entity with minimal complexity, the overall financial health is good but could improve with stronger asset growth and diversification.

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2. Key Vital Signs

Metric	2024 Value (£)	Interpretation
Fixed Assets	0	No long-term assets; may indicate no investment in physical or intangible resources.
Current Assets	61,673	Positive and liquid assets available; healthy cash equivalents or receivables.
Current Liabilities	0	No short-term debts; symptom of strong liquidity and no immediate financial distress.
Net Current Assets (Working Capital)	61,673	Positive working capital; signifies ability to cover short-term obligations comfortably.
Net Assets (Equity)	61,673	Positive equity base; indicates company is solvent and owns more than it owes.
Employee Count	1	Minimal staffing; consistent with micro-entity classification, low operational complexity.

Trend Observations:

• Compared to 2023, current assets have decreased from £104,456 to £61,673 (about 41% decline), which may warrant investigation into cash flow or revenue changes.
• No current liabilities across years indicates a conservative financial approach or possibly limited operational scale.

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3. Diagnosis

The company exhibits the "vital signs" of a financially stable micro-entity with no immediate liquidity problems or outstanding short-term debts—indicative of "healthy cash flow" and "absence of financial distress symptoms." However, the declining current assets signal a potential early symptom of reduced operational inflows or increased expenditure. The lack of fixed assets suggests the business either operates without significant capital investment or relies on intangible or service-based activities consistent with its SIC code (Activities of professional membership organizations).

The company's status as private, limited by guarantee with no share capital aligns with a non-profit or membership organization structure, which typically focuses on service rather than asset accumulation.

The governance structure is sound, with multiple directors and no overdue filings, minimizing regulatory risks.

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4. Recommendations

• Enhance Asset Base: Explore opportunities to invest in long-term assets or intangible assets (e.g., technology, intellectual property) that can support growth and sustainability. This can improve the company's financial resilience.

• Monitor Liquidity Trends: Investigate the causes behind the reduction in current assets to ensure it is not due to declining revenue or increasing costs. Maintain a healthy cash buffer to avoid liquidity stress.

• Strengthen Revenue Streams: If applicable, diversify income sources or membership engagement to support steady cash inflows and reduce reliance on a single source.

• Maintain Regulatory Compliance: Continue timely filing of accounts and confirmation statements to avoid penalties and maintain stakeholder confidence.

• Review Governance & Controls: With several directors and changes in appointments, ensure clear roles and responsibilities to sustain effective oversight and strategic decision-making.

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