Company Number: 12852769

Analysis Date: 2025-07-29 15:42 UTC

1. Credit Opinion: APPROVE
   Motrium Ltd demonstrates a solid and improving financial position with increasing net assets and positive working capital. The company is small but growing steadily, showing sound financial stewardship and no signs of distress or overdue filings. Given its micro-entity status and consistent positive net current assets, it appears capable of meeting short-term obligations and servicing modest credit facilities.

2. Financial Strength:
   The balance sheet reveals a net asset position of £38,650 as at 30 September 2024, up from £20,092 the previous year, reflecting retained earnings or capital injections. The company holds no fixed assets but maintains healthy current assets (£55,206) against current liabilities (£16,556), resulting in a strong net working capital position. Shareholders' funds correspond to net assets, indicating no hidden long-term liabilities. The company’s micro-entity status limits complexity but its cleanliness and growth in equity support financial stability.

3. Cash Flow Assessment:
   Current assets largely consist of liquid or near-liquid assets, given the nature of an IT consultancy business, supporting liquidity. The ratio of current assets to current liabilities is approximately 3.34x, indicating comfortable short-term liquidity. The steady increase in net current assets from £20,092 to £38,650 suggests improving operational cash flow or capital contributions. With only one employee, fixed overheads are likely minimal, supporting cash flow resilience.

4. Monitoring Points:

• Continue monitoring net current assets and cash flow trends to ensure liquidity remains robust.
• Watch for any material changes in liabilities or a sudden increase in overheads that could strain working capital.
• Keep an eye on revenue growth and profit margins once detailed profit & loss data become available to assess operational performance.
• Assess any changes in ownership or director appointments that could affect governance or credit risk.