Company Number: 13234682

Analysis Date: 2025-07-29 12:32 UTC

1. Risk Rating: MEDIUM

Justification: MOXIE PROPERTIES LIMITED demonstrates positive net assets and shareholder funds, indicating a capital buffer, but the micro-entity scale and fluctuating current liabilities relative to current assets present some liquidity concerns. The company is relatively new (incorporated 2021) and operates in real estate, a sector with capital intensity and market sensitivity. No overdue filings or liquidation status mitigates regulatory risk, but the limited financial disclosure and small share capital suggest moderate risk.

2. Key Concerns:

• Liquidity volatility: Current liabilities decreased from £56,660 in 2023 to £10,876 in 2024, while current assets increased marginally, but net current assets remain negative (£-4,333 in 2024), signaling possible short-term cash flow pressure.
• Small share capital (£2.00) and micro-entity status limit financial resilience and ability to absorb shocks.
• Limited operational history (3 years) restricts trend analysis and increases uncertainty about business sustainability.

3. Positive Indicators:

• Net assets increased significantly from £45,804 in 2023 to £56,012 in 2024, suggesting asset growth or debt reduction.
• No overdue accounts or confirmation statements, indicating compliance with Companies House filing obligations.
• Stable headcount (2 employees) consistent with micro-entity classification, implying controlled operational scale.

4. Due Diligence Notes:

• Clarify the nature of current liabilities and reasons for their reduction between 2023 and 2024.
• Review cash flow statements or management accounts to assess liquidity and operational cash generation.
• Investigate the composition and valuation basis of fixed assets (£60,345) to confirm asset quality.
• Confirm absence of director disqualifications or regulatory issues.
• Understand the business model and revenue streams to assess operational sustainability given the small scale.