STATE SCHOOL FUNDRAISING LIMITED

Executive Summary

State School Fundraising Limited is a micro private company showing gradual improvement in its financial position with positive net assets as of 2024. However, the very limited asset base, narrow working capital, and concentration of control in a single director present moderate risk factors. Regulatory compliance is current, but further due diligence on cash flow and operational viability is recommended to fully ascertain financial stability.

STATE SCHOOL FUNDRAISING LIMITED - Analysis Report

Company Number: 13811858

Analysis Date: 2025-07-20 13:28 UTC

1. Risk Rating: MEDIUM
   The company shows a modest improvement in net assets over recent years but operates with very limited capital and minimal fixed assets. While currently solvent on a net asset basis, the low absolute asset values and small working capital buffer suggest moderate risk in meeting obligations under stress.

2. Key Concerns:

• Thin Working Capital: Although net current assets improved to £1,165 in 2024 from negative positions in prior years, the margin remains very narrow given current liabilities of £9,174, indicating potential liquidity strain if cash inflows falter.
• Limited Asset Base: Fixed assets and total net assets are minimal (£277 and £1,442 respectively in 2024), implying low tangible security for creditors and limited financial resilience.
• Single Director and Shareholder Control: Complete control by one individual (Paul Edward Hassall) concentrates operational and governance risk; lack of board diversity may affect oversight and decision-making robustness.

3. Positive Indicators:

• Timely Filing and Compliance: No overdue accounts or confirmation statements, indicating good regulatory compliance and governance discipline.
• Improvement in Financial Position: Net assets rose from a negative £8,357 at incorporation to a positive £1,442 by end of 2024, showing a trajectory toward financial stability.
• Micro Entity Status with Minimal Overhead: Small scale operations with only one employee and low fixed asset base suggest low overhead costs, which may support sustainability if revenues are stable.

4. Due Diligence Notes:

• Review Cash Flow and Revenue Streams: Detailed examination of cash inflows and outflows to assess liquidity risk beyond balance sheet snapshots.
• Evaluate Dependency on Director: Assess the operational role and financial commitment of the sole director/shareholder and any potential succession or continuity risks.
• Understand Business Model Viability: Given the SIC code for management consultancy and limited scale, confirm market positioning, client base, and revenue sustainability.