Company Number: 14491707

Analysis Date: 2025-07-20 18:28 UTC

1. Credit Opinion: CONDITIONAL APPROVAL
   One Moore Ltd is a recently incorporated private limited company showing strong growth in net current assets from £2 in 2022 to £83,008 in 2023. The company has no audit requirement and has filed accounts timely, indicating compliance discipline. However, the company’s liquidity is heavily dependent on a large debtor balance (£113,153) owed by a related party or director, as evidenced by director advances of the same amount, with very low cash on hand (£308). This exposes short-term liquidity risk if debtor collection delays occur. Credit approval should be conditional on monitoring the ageing and collectability of debtors and evidence of ongoing cash flow improvements.

2. Financial Strength:
   The balance sheet shows no fixed assets and is comprised entirely of current assets and liabilities. Shareholders' funds have grown from £2 to £83,008, reflecting retained earnings accumulation and capital contribution. The leverage is low as current liabilities are modest (£30,453) compared to current assets, resulting in a healthy net current asset position (£83,008). However, the company's working capital base is concentrated in receivables owed by a director, which raises related party transaction concerns and potential risk of non-payment.

3. Cash Flow Assessment:
   The company’s cash position is minimal (£308), which is insufficient to cover immediate liabilities. The main source of liquidity is the debtor balance, which is linked to director advances of £113,151. The absence of cash reserves suggests the company may face difficulties meeting short-term obligations should debtor payments be delayed. The company will need to demonstrate reliable debtor collections and possibly improve cash management to maintain operational liquidity.

4. Monitoring Points:

• Ageing and collectability of debtor balances, especially director-related advances.
• Cash flow statements or bank statements to confirm liquidity beyond reported debtor balances.
• Trends in turnover and profitability once income statements are available.
• Any changes in director advances or related party transactions.
• Compliance with ongoing filing deadlines and any significant changes in company status or control.