BDITCONSULTING LTD
Executive Summary
BDITCONSULTING LTD is currently a dormant private limited company with minimal financial activity and nominal net assets. While compliant with filing obligations, the company shows no operational vitality and exists in a state of financial hibernation. To improve its financial wellness, strategic decisions regarding reactivation or closure should be considered alongside careful financial planning.
View Full Analysis Report →Company Analysis
This analysis is opinion only and should not be interpreted as financial advice.
BDITCONSULTING LTD - Analysis Report
Financial Health Assessment for BDITCONSULTING LTD
1. Financial Health Score: D
Explanation:
The company is classified as dormant, with minimal financial activity and an extremely low level of net assets (£100). Although it is currently compliant with filing deadlines and statutory requirements, the lack of operational activity and negligible equity base signal a fragile financial state. The company is not generating revenue or incurring expenses, which is typical for a dormant entity, but from a financial vitality perspective, this represents a "hibernation" rather than a thriving business.
2. Key Vital Signs
Metric | Value | Interpretation |
---|---|---|
Company Status | Active | Registered and not in liquidation—positive for continuity. |
Account Category | Dormant | No significant trading activity during the year. |
Net Assets | £100 | Very low net worth, indicating minimal equity buffer. |
Share Capital | £100 | Fully paid-up share capital, representing ownership stake. |
Current Assets (Last active year 2020) | £98,479 | Previously held liquid resources, now zero, consistent with dormancy. |
Current Liabilities (2020) | £97,044 | Previously had liabilities nearly equal to assets, now no significant liabilities reported. |
Filing Compliance | Up to date | No late filings or penalties, showing good administrative discipline. |
Directors | 1 (IT Consultant) | Single director with IT background; decision-making is centralized. |
3. Diagnosis: Dormant Status with Minimal Financial Activity
The financial "vital signs" paint a picture of a company in a state of dormancy, akin to a patient in deep rest with very low metabolic activity. There are no trading operations, revenues, or expenses recorded in recent financial years. The net assets have dwindled to a nominal £100, reflecting the nominal share capital and absence of retained earnings or operational surplus.
This state means the company is not generating cash flow, not incurring costs, and essentially inactive in the market. While this avoids the "symptoms of distress" such as losses, debt accumulation, or negative net assets, it also shows no signs of growth or financial vitality. The company is compliant with statutory requirements, which is a positive "health check" on governance and compliance.
4. Recommendations
Assess Strategic Intent: Evaluate whether maintaining dormancy aligns with your long-term business strategy. Dormancy can be a tactical choice for future relaunch or asset holding but should be reviewed periodically.
Revive Operations or Consider Closure: If the company intends to trade or offer consultancy services (IT consultancy is the SIC), it must prepare for investment in working capital, operational expenses, and build revenue streams to avoid financial atrophy.
Monitor Administrative Compliance: Continue timely filing of accounts and confirmation statements to maintain good standing and avoid penalties, preserving the company’s regulatory health.
Consider Financial Planning: If activating the company, develop a financial plan to build working capital and net assets, ensuring healthy cash flow and solvency to avoid symptoms of financial distress.
Seek Professional Advice: For strategic decisions on revival or dissolution, consult with financial and legal advisors to optimize outcomes and minimize risks.
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