Company Number: 13828448

Analysis Date: 2025-07-29 14:27 UTC

1. Risk Rating: LOW

Justification: MORA PERFORMANCE LTD is a recently incorporated micro-entity with modest but positive net current assets and net assets. The company is compliant with filing deadlines, has a single director with full ownership, and shows no signs of financial distress or regulatory non-compliance.

2. Key Concerns:

• Limited scale and financial base: As a micro-entity with net assets under £1,000 and only one employee, the company is very small and potentially vulnerable to external shocks.
• Lack of detailed financial performance data: No profit and loss information is available, limiting the ability to assess operational profitability and cash flow generation.
• Concentration of control: Single director and 75-100% ownership by one individual may pose governance risks and reduce diversity of oversight.

3. Positive Indicators:

• Compliance: Up-to-date filing of annual accounts and confirmation statements with no overdue filings.
• Positive working capital position: Current assets exceed current liabilities in the latest two financial years, indicating ability to meet short-term obligations.
• Clear ownership and management: The director/owner is consistent, with no public records of disqualification or adverse regulatory actions.

4. Due Diligence Notes:

• Investigate the company’s revenue streams, profitability, and cash flow, as limited financial disclosures restrict assessment of operational stability.
• Confirm the director’s background and experience in the freight and cargo handling sector to evaluate management capability.
• Review any contracts, customer concentration, and supplier relationships that could materially affect sustainability.
• Monitor future filings for evidence of growth, increasing asset base, or changes in capital structure.