S. WIGGLESWORTH HR CONSULTING LTD

Executive Summary

S. WIGGLESWORTH HR CONSULTING LTD demonstrates a solid financial position with increasing net assets and strong liquidity. The company maintains good compliance standards and clear ownership but operates without employees and limited public financial disclosures, warranting further examination of operational sustainability. Overall, solvency and liquidity risks appear low at this stage.

S. WIGGLESWORTH HR CONSULTING LTD - Analysis Report

Company Number: 14358311

Analysis Date: 2025-07-29 18:36 UTC

1. Risk Rating: LOW
   The company exhibits a strong net asset position relative to liabilities and positive net current assets, suggesting adequate solvency. There are no overdue filings, no indication of financial distress, and the business is classified as micro-entity with simple financials.

2. Key Concerns:

• Reliance on a single director and 100% shareholder: Concentration risk in governance and decision-making.
• Absence of employees: May indicate reliance on the director alone or subcontracted resources, possibly limiting operational capacity or scalability.
• Lack of detailed profit and loss information: No P&L filed with Companies House limits insight into revenue trends, profitability, and cash flow sustainability.

3. Positive Indicators:

• Strong balance sheet growth: Net assets increased from £4.6k (2023) to £20.8k (2024), driven by increased current assets and manageable liabilities.
• Healthy liquidity: Net current assets of £25.4k against current liabilities of £4.1k implies good short-term financial health.
• Timely compliance: All accounts and confirmation statements filed on time with no overdue notices.
• Clear ownership and control: Single PSC owning 75-100% shares and voting rights provides transparency.

4. Due Diligence Notes:

• Review cash flow and profitability details (not publicly filed) to verify ongoing operational sustainability and revenue generation.
• Assess contracts or client base to understand business continuity given zero employees reported.
• Verify absence of contingent liabilities or off-balance sheet exposures that could impact solvency.
• Consider director background checks for any undisclosed regulatory or compliance issues.
• Confirm that the director's management capacity aligns with the stated consulting activity and growth plans.