ONE PLUS MANAGEMENT LIMITED

Executive Summary

ONE PLUS MANAGEMENT LIMITED is a micro-sized licensed restaurant struggling with persistent negative equity and liquidity deficits, positioning it weakly within the competitive UK licensed restaurant sector. Despite sector recovery and growth opportunities, its financial constraints and limited asset base suggest challenges in achieving sustainable profitability and competitive resilience. The company operates as a niche player with tight ownership control but requires strategic financial and operational improvements to align with industry norms.

ONE PLUS MANAGEMENT LIMITED - Analysis Report

Company Number: 12435028

Analysis Date: 2025-07-20 18:26 UTC

1. Industry Classification
   ONE PLUS MANAGEMENT LIMITED operates under SIC code 56101, classified as "Licenced restaurants." This sector includes establishments primarily engaged in preparing and serving food and beverages for immediate consumption, with licenses to serve alcohol. Characteristics of this sector include high customer service orientation, significant regulatory compliance (e.g., licensing, health and safety), variable seasonal demand, and sensitivity to economic cycles. The sector typically exhibits high operating costs related to staffing, rent, and raw materials, with profitability heavily dependent on location, brand reputation, and operational efficiency.

2. Relative Performance
   As a micro-entity with 3 employees, ONE PLUS MANAGEMENT LIMITED is positioned at the very small-scale end of the licensed restaurant sector. The company’s financials reveal persistent negative net assets: a net liability position of £157,103 as of January 2024, worsening from £154,215 the prior year. Current liabilities significantly exceed current assets, with a working capital deficit of nearly £100k, indicating liquidity stress. Compared to sector norms, even small licensed restaurants usually maintain positive net assets or manageable liabilities to sustain operational cash flow. The company’s fixed assets are modest (£25k) and have slightly decreased, suggesting limited investment in property or equipment. Overall, the company is financially weak relative to typical licensed restaurants, which often face tight margins but aim to maintain positive equity and working capital.

3. Sector Trends Impact
   The licensed restaurant sector in the UK has faced considerable challenges in recent years, including the COVID-19 pandemic impact, increased regulatory burdens, rising food and labour costs, and changing consumer preferences toward delivery and casual dining. Inflationary pressures and supply chain disruptions have further squeezed margins. However, the sector benefits from a recovering consumer appetite for dining out, increased demand for experiential dining, and the growing popularity of alcohol-led venues. For a micro-sized operator like ONE PLUS MANAGEMENT LIMITED, these trends mean opportunities exist but require strong cost control and differentiation. The company’s ongoing negative equity suggests it may be struggling to capitalize on these sector tailwinds or manage cost pressures effectively.

4. Competitive Positioning
   ONE PLUS MANAGEMENT LIMITED’s status as a micro private limited company with a single controlling shareholder (75-100% ownership by Ms. Xingyi Zhao) indicates a tightly held business, potentially allowing for agile decision-making but also exposing it to capital constraints. The company’s persistent and increasing net liability position is a significant weakness compared to more established licensed restaurants, which generally maintain balanced sheets to support ongoing operations and investment. Its small asset base and high current liabilities suggest limited financial resilience against market volatility or operational disruptions. However, a small employee base (3 staff) may enable lean operations. The absence of an audit and micro-entity filing status reduces transparency but is common in small enterprises. Overall, the company appears to be a niche player, likely operating a single or very few outlets, facing financial challenges that could hinder competitiveness against larger or better-capitalized peers.