Company Number: 14802906

Analysis Date: 2025-07-29 14:45 UTC

1. Credit Opinion: DECLINE
   S.O.S. Hedgehogs Ltd is a newly incorporated micro-entity with limited financial history. The latest accounts to 29 April 2024 show net current liabilities of £1,903 and shareholders’ funds at negative £2,503, indicating the company is currently insolvent on a balance sheet basis. The company is limited by guarantee with no share capital, which may restrict capital raising options. Given the negative net assets and absence of trading history or cash flow data, there is significant uncertainty about the company’s ability to meet debt obligations or withstand financial stress. Without evidence of incoming revenue or capital injection, extending credit is high risk.

2. Financial Strength:
   The balance sheet reveals an unfavorable financial position with total liabilities exceeding assets by £1,903. The negative shareholders’ funds reflect accumulated losses or startup costs exceeding any funds contributed by members. The micro-entity exemption limits disclosure, but the lack of fixed assets or current assets noted implies minimal tangible resources to support operations. As a private company limited by guarantee, the liability of members is limited, but the company’s capital structure is weak.

3. Cash Flow Assessment:
   No cash or working capital figures are explicitly provided, but net current liabilities imply negative working capital. The company has accruals and deferred income of £600, which may represent income received in advance, but overall liquidity appears constrained. With only one employee and no audit or detailed financial notes, cash flow generation capability is uncertain and likely minimal at this startup phase.

4. Monitoring Points:

• Future filings: Monitor upcoming annual accounts and confirmation statements for improvements in financial position and operational activity.
• Cash flow trends: Seek management commentary or bank statements to assess liquidity improvements or capital injections.
• Revenue generation: Evidence of trading income or contracts to support sustainability.
• Director involvement: Mr. David James Doughty holds full control and is sole director; his financial stewardship and commitment are critical.
• Potential guarantees or external funding: Any external support to strengthen the balance sheet.