Company Number: 15218833

Analysis Date: 2025-07-29 12:28 UTC

1. Credit Opinion: DECLINE
   Oris Property Ltd is a newly established micro-entity in the real estate sector with its first financial year ending October 2024. The company shows a negative net asset position of £8,019 and significant net current liabilities of £204,484, indicating poor short-term liquidity and an over-reliance on creditor financing. With no employees and minimal current assets (£100 cash or equivalents), the company lacks operational scale and working capital buffer. The negative equity and weak liquidity suggest an inability to service debt or meet short-term obligations currently. Without evidence of incoming cash flows or capital injection plans, the credit risk is high and credit facilities should be declined at this stage.

2. Financial Strength:
   The balance sheet reveals fixed assets valued at £196,465, presumably property or real estate holdings, which is the main asset base. However, current liabilities (£204,584) exceed current assets (£100) by a large margin, causing a net current liability position of £204,484. The overall total assets less current liabilities is negative, resulting in shareholders’ funds of -£8,019. This negative equity position reflects initial start-up losses or capital structure issues. The company has no employees, indicating limited operational activity or development phase. The financial strength is weak, with solvency concerns due to lack of equity buffer and excessive short-term liabilities.

3. Cash Flow Assessment:
   Current assets consist almost entirely of nominal cash, while current liabilities are substantial, suggesting immediate liquidity stress. The net current liabilities imply the company cannot cover its short-term debts from current assets, pointing to negative working capital. Without operating income or accounts receivable, the company likely depends on external funding or capital contributions for cash flow. The absence of employees and financial disclosures about revenue or operating cash inflows further heighten liquidity risk. Overall, cash flow is insufficient to support operational or debt servicing needs.

4. Monitoring Points:

• Monitor quarterly cash flow statements and bank balances to assess liquidity improvement or deterioration.
• Watch for capital injections or shareholder loans that could strengthen equity and improve solvency.
• Track progress on asset management or sales to convert fixed assets into liquid funds.
• Review future trading performance and emergence of operating income to support working capital.
• Keep an eye on director actions or restructuring plans to address negative equity and liabilities.