PRIMARY MATHS HUB LTD

Executive Summary

Primary Maths Hub Ltd is a micro-entity operating in the education sector, showing compliance with filing requirements and modest growth in net assets. However, its negative net current assets and reliance on director loans present liquidity risks that warrant further investigation. Overall, the company’s financial position suggests medium risk, primarily due to limited operating scale and working capital constraints.

PRIMARY MATHS HUB LTD - Analysis Report

Company Number: 13888776

Analysis Date: 2025-07-20 19:18 UTC

1. Risk Rating: MEDIUM
   The company shows modest net assets and is meeting its filing obligations on time, which supports a baseline level of operational compliance. However, negative net current assets and limited financial scale raise concerns about short-term liquidity and operational resilience.

2. Key Concerns:

• Negative working capital as of the latest financial year (net current liabilities of £871), indicating potential short-term liquidity pressure.
• Very small asset base and low absolute levels of current assets (£4,034), which may limit the company’s ability to absorb financial shocks.
• Reliance on director loans (noted in the accounts) suggests external funding support that could affect financial stability if withdrawn.

3. Positive Indicators:

• The company is current with all statutory filings, demonstrating regulatory compliance and good governance practices.
• Net assets have increased from £100 to £1,913 over two years, showing some capital growth and possibly improved financial footing.
• The company employs two directors who are also the primary controllers, which may facilitate aligned strategic decision-making and oversight.

4. Due Diligence Notes:

• Investigate the nature, terms, and sustainability of director loans included in debtors to assess potential risks if these funds are recalled.
• Review cash flow statements and bank statements (if available) to evaluate liquidity management and operational cash generation.
• Assess the company’s business model viability and planned growth, given the micro-entity scale and negative working capital.
• Confirm if any contingent liabilities or off-balance-sheet obligations exist that could exacerbate liquidity or solvency risk.
• Verify directors’ experience and capacity to manage financial challenges given their primary occupation as teachers and the company’s educational focus.