BLUE 360 LIMITED

Company number 13124062 ·

Active - Proposal to Strike off

This analysis was written by an AI from the company's public filings. It may contain errors or omissions and is not financial or professional advice.

BLUE 360 LIMITED - Analysis Report

Company Number: 13124062

Analysis Date: 2025-07-20 11:44 UTC

Financial Health Assessment for BLUE 360 LIMITED


1. Financial Health Score: D

Explanation:
The company is dormant with minimal financial activity, showing a static cash balance of £300 and net assets of £300 over multiple years. This reflects a very low level of operational activity and limited financial resources, indicating no current business operations or income generation. The score "D" reflects a state of financial inactivity rather than distress, but also highlights the absence of financial vitality.


2. Key Vital Signs:

Metric Value (£) Interpretation
Cash at Bank 300 Extremely low cash reserve; essentially a nominal amount indicating no operating cash flow.
Net Assets 300 Very low net assets; company holds only its initial share capital, no retained earnings.
Share Capital 300 Nominal paid-up share capital, consistent with dormant status.
Account Status Dormant Legally classified dormant, meaning no significant transactions during the accounting period.
Directors 2 active Presence of directors but no operational indicators of business activity.
Industry SIC Code 71122 Engineering related scientific and technical consulting activities, but no evidence of trade.

Interpretation:
The critical vital signs reveal a company that is essentially "asleep"—it has neither generated revenues nor incurred expenses, resembling a patient in a coma rather than active, healthy business. The static financial position with no change in cash or assets over four years indicates no business operations or commercial activity.


3. Diagnosis:

  • Dormant Status: The company is officially dormant, which means it has no significant accounting transactions in the financial year. This is confirmed by consistent financial figures and the directors' statements.
  • Financial Inactivity: The company shows no signs of trading, revenue generation, or operational expenditures.
  • Lack of Financial Growth or Movement: The unchanging cash and net assets values over multiple periods indicate no capital infusion, earnings, or reinvestment.
  • Limited Financial Resources: With only £300 in cash and net assets, the company has no buffer for operational expenses or growth.
  • Corporate Governance: The company maintains active directors and complies with filing requirements, indicating administrative health but no commercial activity.
  • Potential Business Model: Given the SIC code (71122), if the company ever intends to operate in engineering-related consulting, it currently shows zero operational footprint.

Overall: BLUE 360 LIMITED is in a dormant, non-operational state—financially "flatlined" but administratively compliant. This is not a condition of distress but one of non-activity, which may be strategic or transitional.


4. Recommendations:

  • Activate or Close: If the intention is to operate, begin commercial activities to generate revenue and cash flow. Without operational activity, the company risks becoming obsolete or incurring unnecessary compliance costs.
  • Monitor Compliance: Continue timely filings to avoid penalties and maintain good standing.
  • Assess Strategic Purpose: Confirm if the dormant status is intentional (e.g., holding company, future project vehicle) or if the company should be formally closed or sold.
  • Build Financial Reserves: If activating, plan to raise capital or generate income to strengthen cash reserves and support growth.
  • Review Directors and Governance: Ensure active management and strategic planning to avoid the risks associated with prolonged dormancy, such as loss of market relevance or regulatory scrutiny.
  • Consider Tax and Legal Advice: Dormant companies have specific tax treatments; ensure compliance and explore any tax efficiencies or liabilities.

Perspective: Financial Health Diagnostician · Model: gpt-4.1-mini · Generated 20 July 2025

Sign in to generate a free AI analysis of this company — no password needed, just an email link.