ONE POUND PLUS LIMITED

Executive Summary

ONE POUND PLUS LIMITED is a newly incorporated micro-entity operating in retail with a very small financial base but has improved its liquidity position in the latest year. The company is compliant with filing obligations but remains at an early stage with limited operational history and concentrated ownership, which poses governance and sustainability considerations. Further due diligence on business viability and funding is recommended to fully assess risk.

ONE POUND PLUS LIMITED - Analysis Report

Company Number: 14720697

Analysis Date: 2025-07-20 16:28 UTC

1. Risk Rating: LOW to MEDIUM
   The company shows a positive net current asset position as of the latest financial year (2025), indicating it can meet short-term liabilities. However, the absolute amounts are very small, reflecting the micro-entity scale and relatively limited financial resources, which tempers the risk rating toward medium.

2. Key Concerns:

• Limited Financial Scale: Net assets of £1,272 and current assets just over £10k indicate very small operational scale, which may limit resilience to unexpected financial stress or growth funding.
• Recent Incorporation: Incorporated in March 2023, with only two years of financial history, limiting ability to assess long-term operational stability or trends.
• Single Shareholder and Director Control: One individual holds 75-100% ownership and full voting/control rights which may pose governance risks and limit oversight.

3. Positive Indicators:

• Positive Net Current Assets: Improved from a net current liability position in 2023/24 to a positive £1,272 in 2024/25, showing some strengthening liquidity.
• No Overdue Filings: Both accounts and confirmation statements are filed on time, indicating compliance with regulatory obligations.
• Incremental Employee Growth: Increase from 1 to 2 employees suggests some measured operational expansion.

4. Due Diligence Notes:

• Review the company’s business model and revenue streams given micro scale and “Other retail sale in non-specialised stores” SIC code to assess sustainability.
• Confirm the source of working capital and funding arrangements supporting the small asset base.
• Investigate any related party transactions or risk due to concentrated ownership and control.
• Monitor subsequent filings and financial updates for evolving financial health and liquidity trends.
• Evaluate the background and track record of the sole director/shareholder for governance and operational experience.