OSMASTON GRANGE LIMITED
Company number 03901812 · Monitor this company
This analysis was written by an AI from the company's public filings. It may contain errors or omissions and is not financial or professional advice.
CREDIT ASSESSMENT: OSMASTON GRANGE LIMITED
1. Credit Opinion: CONDITIONAL
Reasoning: This entity is classified as dormant (SIC 99999) with zero employees and no trading activity. As a standalone credit proposition, the company generates no revenue and has no operational cash flow to service debt obligations. However, the balance sheet shows substantial net assets of £2.18M, and the company appears to be a property-holding vehicle within a group structure (PSC: Osmaston Grange Care Home Ltd). Any credit facility would require a parent company guarantee and should be assessed on the group's consolidated financial position. Without such support, this would be a DECLINE.
2. Financial Strength
Balance Sheet Position - Moderate but Inactive:
| Metric | 2024 | 2023 |
|---|---|---|
| Fixed Assets | £4,647,153 | £4,647,153 |
| Net Current Assets | (£10,553) | (£10,553) |
| Long-term Creditors | (£2,448,620) | (£2,448,620) |
| Provisions | (£4,390) | (£4,390) |
| Net Assets | £2,183,590 | £2,183,590 |
- Gearing: Total liabilities represent ~52.7% of total assets, which appears moderate
- Key Concern: The balance sheet has remained completely static for at least 9 consecutive years (2016-2024). This raises significant questions about whether fixed assets (likely property) have been revalued to reflect current market conditions
- Share capital of only £100 is negligible relative to the balance sheet size, with retained profits making up virtually all equity
- Net current liabilities of £10,553 indicate the company cannot meet short-term obligations from current assets without liquidating long-term assets or receiving group support
3. Cash Flow Assessment
Liquidity Position - Weak:
- Zero operational cash flow: Dormant company status confirms no trading activity
- Working capital deficit: Net current liabilities of £10,553 mean short-term creditors exceed current assets
- No cash generation mechanism: Without revenue, the company has no means to service debt from operations
- Debt serviceability: Any repayment would require asset disposal or intercompany funding from the parent
The long-term creditors of £2.45M warrant investigation - these may be related-party loans from the parent company or external debt secured on the property assets. The nature and terms of these liabilities are critical to understanding the true financial position.
4. Monitoring Points
| Risk Area | Metric to Monitor | Current Concern Level |
|---|---|---|
| Asset Valuation | Property revaluation; last valuation date unknown | 🔴 HIGH |
| Parent Support | Financial health of Osmaston Grange Care Home Ltd | 🔴 HIGH |
| Related Party Debt | Nature and terms of £2.45M long-term creditors | 🟡 MEDIUM |
| Filing Compliance | Accounts filed on time; micro-entity provides minimal disclosure | 🟢 LOW |
| Director Jurisdiction | Director is Swiss national; potential enforcement complications | 🟡 MEDIUM |
Additional Considerations: - The static financials across multiple years suggest no impairment reviews or fair value adjustments have been performed on fixed assets - Micro-entity accounts provide minimal transparency; no P&L, no cash flow statement, no related-party disclosures - The parent company (Osmaston Grange Care Home Ltd) financials must be reviewed before any credit extension - If fixed assets are property, current market conditions in the relevant area should be assessed to validate the £4.65M carrying value