67 NORMAN ROAD RTM COMPANY LIMITED

Executive Summary

67 NORMAN ROAD RTM COMPANY LIMITED is a dormant private company limited by guarantee with minimal financial activity and a nominal asset base. While compliant with filing requirements, its financial health is weak due to lack of operational cash flow or reserves. For future financial wellness, clarity on operational plans and ongoing compliance is essential.

67 NORMAN ROAD RTM COMPANY LIMITED - Analysis Report

Company Number: 12454754

Analysis Date: 2025-07-29 19:23 UTC

Financial Health Assessment of 67 NORMAN ROAD RTM COMPANY LIMITED

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1. Financial Health Score: D

Explanation:
The company’s financial health is classified as dormant with minimal financial activity, reflected in static net assets of £2 over multiple years and no trading results. This indicates no operational cash flow or profit generation, which places it in a weak financial position if viewed as a going concern business, hence the low score. However, as a dormant entity limited by guarantee, this may be appropriate for its purpose.

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2. Key Vital Signs

Metric	Value	Interpretation
Net Assets	£2	Extremely low asset base; nominal capital only
Shareholders’ Funds	£2	Equity matches net assets; no retained earnings
Account Category	Dormant	Indicates no significant financial transactions or activity
Status	Active	Legally active but operationally inactive
Incorporation Date	2020-02-11	Relatively new company, but no trading history
Directors	3	Presence of directors but no business activity noted
Industry SIC Code	98000	Residents property management (likely managing property)

Interpretation:
The "vital signs" reflect a company that is more of a legal entity holding structure than an operating business. Its balance sheet is minimal, with no current assets or liabilities reported, suggesting no cash flow or business operations ("healthy cash flow" absent). The static net assets over five years show a "flatline" financial condition with no growth or activity.

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3. Diagnosis

The company is effectively in a state of financial dormancy, with no trading activity or financial transactions beyond maintaining legal presence. This is typical for a company limited by guarantee used to manage or represent residents’ interests in property (RTM = Right to Manage), possibly collecting service charges or managing property matters without profit.

• Symptoms of financial distress such as debt or losses are absent, but so are signs of financial vitality such as revenue growth, profit, or investment.
• The company’s balance sheet shows only nominal capital, indicating no accumulated funds to invest or deploy.
• Lack of active trading means no cash inflows or outflows, thus no liquidity concerns but also no revenue generation.
• The company is compliant with filing deadlines and statutory requirements, showing good governance in administrative terms.

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4. Recommendations

1. Clarify Operational Purpose:
   Ensure the company’s dormant status aligns with its business model. If it is intended to become operational (e.g., managing property services actively), prepare to file full accounts reflecting trading.

2. Maintain Compliance:
   Continue timely filing of dormant accounts and confirmation statements to avoid penalties and maintain good standing.

3. Consider Financial Planning:
   If future activation is planned, establish a budget and cash flow forecast to avoid symptoms of financial distress when operations commence.

4. Engage Stakeholders:
   For a company limited by guarantee managing residents’ interests, communicate clearly with members about financial status, planned activities, and funding needs.

5. Monitor Directors’ Roles:
   Directors should maintain oversight to ensure the company remains compliant and ready for operational changes.

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