ASOWI DEAVITIN (2020) LTD
Executive Summary
ASOWI DEAVITIN (2020) LTD is a dormant private limited company with no trading activity and nominal financials reflecting only the minimum issued share capital. The company shows no financial distress but also no operational vitality, indicating a flat financial profile consistent with dormancy. Maintaining compliance and clarifying future business plans are key steps to ensure financial wellness going forward.
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This analysis is opinion only and should not be interpreted as financial advice.
ASOWI DEAVITIN (2020) LTD - Analysis Report
Financial Health Assessment Report for ASOWI DEAVITIN (2020) LTD
1. Financial Health Score: F (Dormant Status)
Explanation:
ASOWI DEAVITIN (2020) LTD is currently classified as a dormant company, with minimal financial activity and nominal net assets (£1). The financial indicators show no operational trading or financial transactions beyond maintaining the minimum share capital. This status precludes any meaningful financial health grading beyond recognizing the company as inactive financially.
2. Key Vital Signs
Metric | Value (2024) | Interpretation |
---|---|---|
Company Status | Active | Company is registered and legally active |
Account Category | Dormant | No significant financial transactions |
Cash at Bank | £1 | Nominal cash, typical for dormant entities |
Net Assets | £1 | Reflects solely the issued share capital |
Shareholders' Funds | £1 | Equity equals nominal share capital |
Financial Activity | None | No revenue, expenses, or operational assets |
Filing Compliance | Up-to-date | Accounts and returns timely filed, no penalties |
Interpretation:
The "vital signs" indicate a company in a state of financial hibernation. The minimal cash and net assets represent only the statutory minimum capital, with no trading or business operations reflected in the accounts.
3. Diagnosis
Dormant Company Condition:
ASOWI DEAVITIN (2020) LTD exhibits the classic "symptoms" of a dormant company—no trading activity, negligible financial movement, and minimal asset base. The company’s financial "pulse" is flat, indicating no revenue generation, expense outflow, or investment in assets. This may be intentional (e.g., holding a company shell) or a prelude to future business operations.
No signs of financial distress or insolvency exist, as the company maintains compliance with filing obligations and remains solvent (albeit at the most basic level). The absence of operational activity means no cash flow concerns or liabilities beyond statutory obligations.
4. Recommendations
- Clarify Intentions: Confirm whether the company is intended to remain dormant long-term or if there are plans to commence trading or other business activities.
- Maintain Compliance: Continue timely filing of dormant accounts and confirmation statements to avoid penalties and maintain good standing.
- Prepare for Transition: If activating business operations, prepare to maintain proper accounting records, monitor cash flow, and manage liabilities prudently.
- Consider Closure if Inactive: If no future use is planned, consider formal dissolution to avoid ongoing compliance costs and obligations.
- Engage Financial Advisor: Prior to activating trading, seek advice on initial capital needs, tax implications, and financial management setup.
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