MOSAIC WORKHOUSE LTD

Executive Summary

Mosaic Workhouse Ltd currently exhibits a low risk profile from a solvency and compliance perspective, supported by a positive net asset position and timely filings. The company's micro-entity status and small scale warrant further review of operational cash flows and director stability. Overall, the business appears financially stable but relatively modest in size and scope.

MOSAIC WORKHOUSE LTD - Analysis Report

Company Number: 13265754

Analysis Date: 2025-07-20 14:48 UTC

1. Risk Rating: LOW
   Mosaic Workhouse Ltd demonstrates a stable financial position for a micro-entity with positive net assets and no overdue filings. The company is active and compliant with filing deadlines, which reduces regulatory risk.

2. Key Concerns:

• Modest scale of operations as indicated by micro-entity accounting and minimal share capital (£1.00), which may limit financial flexibility.
• Relatively low fixed asset base and modest current asset levels could constrain operational expansion or buffer against unexpected costs.
• Change in director within the last year (resignation of one director) may require scrutiny of management continuity and governance practices.

3. Positive Indicators:

• Positive net current assets (£3,015 in 2023) and net assets (£9,439) indicate the company can meet short-term liabilities and maintain solvency.
• No overdue accounts or confirmation statement filings, demonstrating good regulatory compliance and governance discipline.
• Consistent shareholder funds growth from £6,775 in 2022 to £9,439 in 2023, suggesting retained earnings or capital injections supporting the business.
• Business classification in management consultancy and video production suggests diversified service offerings within the creative and professional services sector.

4. Due Diligence Notes:

• Review the underlying profit and loss data (not filed publicly) to assess profitability trends and cash flow generation given the absence of a filed P&L account.
• Investigate the impact of director turnover on company strategy, decision-making, and board stability, including the reasons for resignation in late 2024.
• Confirm the nature of current liabilities (£8,689) to determine if any short-term obligations pose refinancing or liquidity risk.
• Evaluate client concentration and contract stability given the company's small size and industry focus.
• Verify no hidden contingent liabilities or off-balance sheet exposures given the limited disclosed financial details.