MNOISE LIMITED

Executive Summary

MNOISE LIMITED is a small, privately owned residential nursing care facility showing a stable liquidity and solvency profile with positive net assets and timely statutory filings. While the company appears financially sound with manageable liabilities and good cash levels, limited operational history and sole directorship warrant further review of business sustainability and debtor management. Overall, current evidence suggests low financial risk but merits ongoing monitoring given the company’s scale and concentration of control.

MNOISE LIMITED - Analysis Report

Company Number: 13672326

Analysis Date: 2025-07-29 12:20 UTC

1. Risk Rating: LOW
   MNOISE LIMITED demonstrates a stable financial position with net current assets consistently positive and a low level of current liabilities relative to current assets. The company is compliant with filing deadlines and maintains a clear ownership and governance structure. The scale and simplicity of operations further reduce complexity-related risks.

2. Key Concerns:

• Declining debtor balances: Debtors have decreased from £10,150 in 2022 to £4,500 in 2023, which may indicate changes in credit policy or collection issues worth confirming.
• Small scale and limited operational history: Incorporated in late 2021 with only one employee, the company’s operational sustainability and growth prospects remain uncertain.
• Reliance on a single director/shareholder: The company is wholly controlled by one individual, which could pose concentration risk in leadership and decision-making.

3. Positive Indicators:

• Strong liquidity position: Cash increased from £4,712 in 2022 to £7,507 in 2023, supporting short-term obligations.
• Healthy working capital: Net current assets remain solid (£11,066 in 2023), indicating the company can meet near-term liabilities comfortably.
• Compliance and governance: Accounts and confirmation statements are filed on time, no overdue filings or penalties are reported.
• Clear ownership and control structure: The sole director and 100% shareholder is identified, simplifying accountability and transparency.

4. Due Diligence Notes:

• Investigate the nature and collectability of debtors, particularly the significant reduction between 2022 and 2023.
• Review the company’s business model and revenue streams to assess operational sustainability beyond the reported financial snapshot.
• Confirm any contingent liabilities or off-balance sheet commitments not reflected in the current accounts.
• Understand the director’s capacity and plans for scaling the business given the single employee and sole control.
• Verify no outstanding regulatory or compliance issues beyond Companies House filings.