BAKESENSE 2024 LIMITED

Executive Summary

BAKESENSE 2024 LIMITED is currently dormant with minimal financial activity and nominal net assets, reflecting a company yet to commence trading. The financial health is stable but inactive, with no signs of distress but also no operational performance. To improve its financial wellness, the company should focus on activating business operations, securing capital, and maintaining governance and compliance standards.

BAKESENSE 2024 LIMITED - Analysis Report

Company Number: 14937708

Analysis Date: 2025-07-20 11:14 UTC

Financial Health Assessment for BAKESENSE 2024 LIMITED

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1. Financial Health Score: Grade D

Explanation:
BAKESENSE 2024 LIMITED is currently a dormant company with minimal financial activity. The financial statements show nominal net assets (£2) and shareholder funds, indicating no operational business transactions or revenue generation to date. While there are no signs of distress or liabilities, the company’s financial "vital signs" are essentially flatlined, reflecting inactivity rather than active financial health. This earns a low grade since the company has no operating history or financial robustness at this stage.

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2. Key Vital Signs

Metric	Value	Interpretation
Net Assets	£2	Almost zero net worth; no meaningful assets or equity
Shareholders' Funds	£2	Equity equals net assets; no retained earnings
Account Category	Dormant	No significant financial transactions during year
Filing Status	Up to Date	No overdue filings; compliance is healthy
Directors	1 Active	One director currently in place; governance intact
Control Structure	Two PSCs	Balanced ownership, but no operational activity
Industry SIC Codes	46900, 46170	Wholesale trade, food & beverages agents classification

Interpretation:
The "vital signs" resemble a patient in a state of rest or hibernation: no active metabolism (financial transactions), minimal body mass (assets), but no acute distress or illness (no debts or penalties). The company is compliant with filings, which shows governance care, but lacks the financial pulse necessary to indicate business activity.

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3. Diagnosis

BAKESENSE 2024 LIMITED is essentially in a dormant state, with no financial transactions recorded for the latest accounting period. The balance sheet shows only the nominal share capital as net assets, reflecting no operational cash flow, no receivables, inventories, or liabilities. This is typical for a newly incorporated company that has not commenced trading or has paused operations.

The presence of two significant controllers (each owning 25-50% shares and voting rights) suggests a stable ownership structure, but the resignation of one director in July 2024 may indicate some initial restructuring or change in management focus.

The dormant status shields the company from the financial "symptoms" of distress such as liquidity issues, cash flow shortages, or solvency problems. However, the lack of active trading also means the company is not generating revenue or profits, which is not sustainable long-term if the intention is to operate commercially.

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4. Prognosis

If the company intends to remain dormant, the prognosis is stable, provided compliance with filing obligations continues. No financial risks or liabilities are present at this stage.

If the company plans to activate operations, it will need an infusion of capital, establishment of working capital, and generation of revenue to transition from dormancy to active trading. The current financial state offers a clean slate but no financial strength to support immediate business activities.

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5. Recommendations

• Activate Financial Operations: If the business plans to trade, start building working capital and operational cash flow. Prepare a realistic budget and financial forecast.
• Capital Injection: Consider additional equity or debt funding to provide a financial buffer for startup costs and initial trading losses.
• Monitor Governance: With one director resigned, ensure that the remaining director(s) are supported and consider appointing additional directors for operational expertise.
• Maintain Compliance: Continue timely filing of accounts and confirmation statements to avoid penalties.
• Strategic Planning: Define clear business objectives, especially given the wholesale trade classification, to build financial "muscle" and avoid prolonged dormancy.
• Financial Monitoring: Once active, implement regular financial reviews focusing on liquidity, solvency, and profitability indicators to detect early signs of distress.

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