AGILE SQL AND DATA DEVELOPMENT LTD
Executive Summary
AGILE SQL AND DATA DEVELOPMENT LTD is currently a dormant company with minimal financial activity and net assets of £1, reflecting no operational business. While it maintains good compliance discipline, the company’s financial health is weak due to inactivity, resembling a patient in remission but not yet thriving. To improve, the company should activate trading, increase capital investment, and strengthen governance to ensure sustainable growth and financial vitality.
View Full Analysis Report →Company Analysis
This analysis is opinion only and should not be interpreted as financial advice.
AGILE SQL AND DATA DEVELOPMENT LTD - Analysis Report
Financial Health Assessment for AGILE SQL AND DATA DEVELOPMENT LTD
1. Financial Health Score: D
Explanation:
The company is in a dormant state, with minimal financial activity reflected by net assets and shareholders' funds of just £1 over three years. This "barely alive" financial condition indicates negligible operations or trading, which limits the scope for positive financial vitality. While not showing signs of distress or liabilities, the lack of active business activity is a critical warning sign for sustainable financial health.
2. Key Vital Signs
Metric | Value (2023) | Interpretation |
---|---|---|
Net Assets | £1 | Extremely low; indicates no substantive assets or equity |
Shareholders' Funds | £1 | Minimal capital invested; no retained earnings or reserves |
Account Status | Dormant | No significant financial transactions during the year |
Filing Compliance | Up to date | No overdue accounts or confirmation statements |
Director Control | Single Director & 75-100% PSC | Sole control by founder/director; limited oversight |
Interpretation:
- Net Assets & Shareholders' Funds: The company's balance sheet is effectively a financial skeleton — no operational assets, no liabilities, and no profit or loss accumulation.
- Dormant Status: Indicates no revenue generation or business activity. Company is essentially inactive.
- Filing Compliance: Healthy symptom; company is meeting statutory obligations on time, which shows good governance discipline despite dormancy.
- Director and Control: Single individual in full control, which can be a risk factor if no checks and balances exist.
3. Diagnosis
The company is in a dormant state, meaning it has not traded or carried on business activities during the reported financial years. This condition precludes the generation of cash flow, profits, or growth and suggests the company is either in a holding pattern or preparing for future activity. The “vital signs” show no symptoms of financial distress such as debts or losses, but the absence of business operations means the company is not yet contributing economic value or generating returns.
From a financial health perspective, the company is stable but inactive — akin to a patient in remission but not yet healthy or thriving. The financial "heartbeat" is minimal, and without activation into operational status, the company risks stagnation or obsolescence.
4. Recommendations
To improve financial wellness and transition from dormancy to active business health, the company should consider the following actions:
- Activate Operations: Develop and execute a clear business plan to commence trading activities and generate revenue streams. Dormancy is sustainable only short-term; active trading is necessary for long-term viability.
- Capital Injection: Consider additional capital investment to fund initial operations, marketing, and infrastructure. £1 in equity is insufficient for any meaningful operational activity.
- Financial Planning: Establish budgeting, cash flow forecasting, and financial controls early to avoid future liquidity issues.
- Governance & Oversight: If sole control continues, introduce advisory roles or additional directors to provide oversight and reduce governance risk.
- Compliance Maintenance: Continue filing statutory documents on time to avoid penalties and maintain a healthy compliance record, which supports investor and stakeholder confidence.
- Monitor Market & Industry: Since the business is in software development, stay alert to technological trends and client demand to time market entry effectively.
More Company Information
Recently Viewed
Follow Company
- Receive an alert email on changes to financial status
- Early indications of liquidity problems
- Warns when company reporting is overdue
- Free service, no spam emails Follow this company