B.KAREEM CONSULTING LIMITED
Executive Summary
B.KAREEM CONSULTING LIMITED currently exhibits zero financial activity and no recorded assets or liabilities, indicating a dormant or inactive state despite being an active company. While compliant with filing requirements, the company lacks operational substance and financial robustness, reflected in a low financial health score of D. To improve its financial wellness, the company should focus on activating business operations, building working capital, investing in assets, and expanding its operational capacity.
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This analysis is opinion only and should not be interpreted as financial advice.
B.KAREEM CONSULTING LIMITED - Analysis Report
Financial Health Assessment Report
Company: B.KAREEM CONSULTING LIMITED
Date of Report: 2024-10-XX
1. Financial Health Score: D
Explanation:
This company currently shows no financial activity or recorded assets/liabilities over four consecutive years. While it remains active and compliant with filings, the absence of any financial transactions or assets signals a dormant-like state in operational terms. This results in a low financial health grade, as there is no evidence of business vitality or financial robustness.
2. Key Vital Signs
Metric | Latest Value (2024) | Interpretation |
---|---|---|
Fixed Assets | £0 | Indicates no investment in long-term assets. |
Current Assets | £0 | No cash, receivables, or stock recorded. |
Current Liabilities | £0 | No short-term debts or payables reported. |
Net Current Assets | £0 | Neutral working capital; no operational liquidity. |
Net Assets | £0 | No net value held by the company. |
Share Capital | £1 | Nominal capital, minimal equity base. |
Number of Employees | 1 | Minimal staffing; suggests micro operation or inactive. |
Additional Observations:
- The company is classified as a Micro entity with minimal filing requirements, which may explain the simplicity of its accounts.
- The sole director and majority shareholder is Mr Bolaji Gbolahan Kareem, implying tight control but no diversification of ownership or management.
- No revenue or profit figures are reported, indicating no active trading or business transactions.
- Accounts and confirmation statements are filed on time, showing good compliance behavior.
3. Diagnosis: What the Financial Data Reveals
The financial "vital signs" reveal symptoms consistent with a company that is either dormant or in a pre-operational phase. The absence of both assets and liabilities, combined with no trading activity across multiple years, suggests the company is not currently generating income or incurring expenses. This "flatline" in financial activity could be a deliberate strategic pause or a sign of stalled business development.
The company’s financial health is fragile: with no working capital or net assets, it lacks the financial "oxygen" necessary to support growth, absorb shocks, or invest in opportunities. Although compliance is steady, the lack of operational substance is a concern. The single-employee structure and minimal share capital reinforce the image of a company yet to establish a sustainable business model.
4. Recommendations: Steps to Improve Financial Wellness
- Activate Business Operations: To improve financial health, the company should initiate or resume trading activities, generating revenue and building assets. This "jump-start" is essential to escape the dormant financial state.
- Build Working Capital: Establishing cash reserves or securing short-term funding will create a buffer for operational costs and supplier payments, enhancing liquidity.
- Invest in Fixed Assets or Intangible Assets: Acquiring necessary equipment, technology, or intellectual property will strengthen the company's asset base and operational capacity.
- Expand Management or Staffing: Consider recruiting additional personnel or advisors to diversify skills and support business development.
- Regular Financial Monitoring: Implement routine financial reviews to track cash flow, profitability, and key metrics, enabling early detection of distress symptoms.
- Explore Market Opportunities: Conduct market research and develop a clear business plan to guide profitable activities aligned with the IT consultancy sector.
- Seek Professional Advice: Engage financial or business consultants to assist in strategic planning, funding options, and operational improvements.
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