BARD LIMITED

Risk Rating: LOW (with caveats) The risk rating is assessed as LOW, primarily based on the company's long operational history, status as a subsidiary of a larger corporate entity (Bard Holdings Limited), and up-to-date statutory filings. However, this rating is heavily caveated by the absence of specific financial data in the provided dataset, which prevents a direct quantitative assessment of solvency and liquidity.

Key Concerns: - Absence of Financial Data: The dataset does not include balance sheet or profit and loss figures. Without metrics such as net current assets, current liabilities, or cash positions, a direct evaluation of liquidity and solvency risk cannot be performed. - Parent Company Dependency: As a subsidiary with Bard Holdings Limited owning more than 75% of its shares (and likely the remainder), BARD LIMITED's financial stability is intrinsically tied to the health, strategic direction, and funding support of its parent company. - Data Anomalies in Filing Dates: The accounts and confirmation statement dates (made up to 2025 and 2026 respectively) appear to be future-dated relative to a standard current analysis period. While marked as "not overdue," this anomaly requires verification to ensure compliance records are accurate.

Positive Indicators: - Long Corporate History: Incorporated in 1968, the company has over five decades of operational continuity, suggesting a stable, established business model. - Strong Corporate Lineage: The company was formerly known as C.R. Bard International Limited until 1981. C.R. Bard is a major global medical device manufacturer (now part of Becton Dickinson), indicating the company has roots in a high-quality, heavily regulated industry. - Full Accounts Filing: The company files "Full" accounts rather than utilizing exemptions available to small or medium-sized entities. This suggests a commitment to transparency or a size that mandates comprehensive reporting. - Good Standing: The company is actively registered, not in liquidation, and has no flags for overdue filings or director disqualifications.

Due Diligence Notes: - Parent Company Analysis: Investigate the financial statements and credit rating of Bard Holdings Limited. As the PSC, the parent's financial health is the primary driver of BARD LIMITED's risk profile. - Financial Statement Retrieval: Obtain the full annual accounts directly from Companies House to analyze working capital, net assets, and intra-group loans. The current dataset lacks the granular financials required for a complete risk assessment. - Filing Date Verification: Confirm the accounting reference date and the latest filed confirmation statement dates to understand the seemingly future-dated records provided in the data.