BELLE VUE FISHERIES LIMITED

Executive Summary

Belle Vue Fisheries Limited is currently dormant with no trading activity but maintains positive net assets and up-to-date filings, indicating a stable but inactive financial state. To improve financial health, the company should focus on reactivating operations, ensuring debtor recoverability, and managing costs carefully. Without these actions, the company remains in a state of financial dormancy with limited prospects for growth.

BELLE VUE FISHERIES LIMITED - Analysis Report

Company Number: 12797227

Analysis Date: 2025-07-19 12:46 UTC

Financial Health Assessment for Belle Vue Fisheries Limited

---

1. Financial Health Score: C (Dormant but Stable)

Explanation:
Belle Vue Fisheries Limited holds a dormant account status, reflecting no trading activity or revenue generation during the financial year. The company maintains positive net assets (£40,114) and has no overdue filings or financial distress signals. However, the absence of trading ("symptoms of inactivity") limits financial vitality, thus the grade reflects stability but lack of operational activity.

---

2. Key Vital Signs

Metric	Value (£)	Interpretation
Trading Status	Dormant	No income, no expenditure in the year – "no heartbeat."
Net Assets	40,114	Positive net worth indicates "healthy reserves."
Current Assets	50,100 (Debtors)	Substantial receivables despite no trading – possible loans or prepayments.
Current Liabilities	9,986	Low short-term obligations compared to assets.
Share Capital	100	Minimal equity investment; common for micro entities.
Filing Compliance	Up to date	No overdue accounts or confirmation statements – "good record."

---

3. Diagnosis: Business Health Overview

• Dormant Status: The company has not conducted any trading operations during the reported financial year and preceding years. This is akin to a patient currently in remission or rest phase, showing no active symptoms but also no active metabolism.

• Asset Composition: The primary asset is £50,100 in debtors, which are outstanding amounts owed to the company. In a dormant company, these may represent funds owed from prior transactions or intercompany loans rather than active sales receivables. The lack of turnover suggests these balances are static.

• Liabilities: Current liabilities are modest at £9,986, including income tax liabilities and accruals, indicating limited financial obligations in the short term.

• Equity and Net Assets: Shareholders’ funds and net assets at £40,114 indicate the company holds some value on the books, predominantly from retained earnings or capital injections. This signals a "stable financial skeleton" but without operational muscle.

• No Audit Requirement: The company qualifies for audit exemption under small company and dormant company rules, reducing administrative burden but also limiting external financial scrutiny.

• Directors & Governance: The company has two active directors and a secretary, with no indication of governance issues or director disqualifications, suggesting sound oversight.

• Industry Context: Classified under SIC 56103 (Take-away food shops and mobile food stands), the dormant status suggests the business is currently "hibernating" within a sector typically requiring active trading to generate cash flow.

---

4. Recommendations: Improving Financial Wellness

• Activate Trading Operations: To improve financial health, the company should consider resuming trading activities. Active revenue generation would create "healthy cash flow," enabling operational sustainability and growth.

• Review Debtors' Realisability: Investigate the nature and collectability of the £50,100 debtors balance. Ensuring these funds are recoverable is crucial to avoid "latent financial infections" (bad debts).

• Cost Management: Maintain low liabilities and overheads while dormant to preserve net asset value. Avoid unnecessary expenses that may erode reserves.

• Consider Strategic Purpose: If the company is intended as a holding vehicle or for future projects, ensure compliance and readiness for activation. If not, evaluate the benefits of formal closure to avoid ongoing compliance costs.

• Financial Planning: Develop a detailed business plan and cash flow forecast before restarting operations to ensure the company can sustain its "financial heartbeat" without undue risk.

• Regular Monitoring: Keep filings and compliance up to date to avoid penalties, maintaining "good corporate health."

---