Company Number: SC771950

Analysis Date: 2025-07-19 12:42 UTC

1. Risk Rating: HIGH
   Justification: The company shows a negative net asset position (£-459) despite being a micro-entity, indicating liabilities exceed assets. Given its recent incorporation in 2023, minimal financial data, and very low capital base, there is a significant solvency risk.

2. Key Concerns:

• Negative net assets suggest the company is technically insolvent on a balance sheet basis.
• Extremely limited operational scale with only one employee and minimal financial resources.
• Recent name change could indicate rebranding or restructuring which may be a red flag without clear strategic rationale.

3. Positive Indicators:

• All statutory filings to date are up to date, showing compliance with Companies House requirements.
• Single director and 100% shareholder control provide clear governance and decision-making accountability.
• The company operates in a specialized consulting niche (engineering related scientific and technical consulting), which may have growth potential.

4. Due Diligence Notes:

• Investigate the nature and causes of the negative net asset position and whether it reflects startup costs or operational losses.
• Assess the company’s cash flow situation and ability to meet short-term liabilities given the small scale of operations.
• Review the reason and context behind the recent name change from APOLLO ENERGY CONSULTANTS LTD to THE HENDON GROUP LTD.
• Confirm the company’s business model, client base, and revenue generation plans to evaluate sustainability prospects.