Company Number: 13537296

Analysis Date: 2025-07-20 17:45 UTC

1. Risk Rating: LOW
   Mike Moore Construction Ltd demonstrates solid financial health with consistent growth in net assets and positive net current assets. The company's obligations appear manageable given its liquidity position and shareholder funds.

2. Key Concerns:

• Reliance on a Single Director/Owner: The company is wholly owned and controlled by Michael Gareth Moore, which may pose governance and succession risks.
• Limited Employee Base: With only one employee, operational capacity and scalability could be constrained.
• Concentration of Debtors: Other debtors constitute a significant portion of current assets; the nature and collectability of these should be verified to confirm liquidity reliability.

3. Positive Indicators:

• Increasing Net Assets and Shareholders’ Funds: Growth from £116k in 2021 to £153k in 2024 indicates retained profitability and capital strengthening.
• Positive Net Current Assets: A healthy working capital position (~£69k in 2024) supports operational liquidity.
• No Overdue Filings and Compliance: Timely submission of accounts and confirmation statements reflects good regulatory discipline.
• Tangible Fixed Asset Growth: Investment in plant, machinery, and motor vehicles suggests business expansion and operational capability enhancement.

4. Due Diligence Notes:

• Review the composition and aging of trade and other debtors to assess cash flow risk.
• Investigate the terms and conditions of director loans and other creditors to understand financing structure and potential liabilities.
• Confirm the business model sustainability given the single-employee operation and assess plans for scaling or staffing.
• Validate the absence of director disqualifications or regulatory actions against the sole director.
• Examine contracts or order book status to evaluate future revenue visibility.