Company Number: 12447145

Analysis Date: 2025-07-20 17:26 UTC

1. Credit Opinion: CONDITIONAL APPROVAL
   MOSOFT LTD is an active private limited company classified as a micro entity, operating in the IT services sector with a focus on software development and consultancy. The company shows very modest net assets (£163 as of 31/12/2024) and minimal working capital, indicating limited financial cushion. While there are no overdue filings and the director has complied with statutory requirements, the small scale of operations and thin net asset base suggest a heightened risk profile. Approval for credit is possible but should be conditional on monitoring liquidity closely and possibly requesting personal guarantees or other credit enhancements due to limited financial strength.

2. Financial Strength:
   The balance sheet reveals very low net assets (£163) and minimal net current assets (£163), which have deteriorated slightly from £249 in the prior year. Current assets of £4,071 are barely sufficient to cover current liabilities of £3,908, leaving little buffer for operational shocks. The company holds no fixed assets and its share capital is nominal (£100). The financial trajectory over recent years shows stable but very low net asset levels, reflecting a micro-scale business with limited retained earnings or capital accumulation.

3. Cash Flow Assessment:
   The working capital position is weak but positive, indicating the company can meet short-term obligations at present. However, the narrow margin between current assets and liabilities limits liquidity flexibility. Given the small asset base, any downturn or delayed receivables could quickly impair cash flow. There is no information on profitability or cash flow from operations in the accounts, which restricts deeper cash flow analysis. The company’s survival depends heavily on steady client payments and controlled expenses.

4. Monitoring Points:

• Watch net current assets and liquidity ratios closely for any signs of deterioration.
• Monitor any changes in director or ownership that could impact management stability.
• Keep track of trading performance and cash flow as soon as fuller financial data (e.g., P&L) becomes available.
• Ensure timely filing of accounts and confirmation statements to maintain compliance.
• Evaluate any credit requested beyond current levels with additional security due to limited financial buffers.