BLUESTONE COURT RTM COMPANY LIMITED
Executive Summary
BLUESTONE COURT RTM COMPANY LIMITED is a dormant private limited company with no financial transactions, assets, or liabilities. The company maintains excellent compliance with no overdue filings, indicating strong administrative health despite inactivity. It is recommended to continue its dormant status unless business activities resume, ensuring ongoing governance and statutory obligations are met.
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This analysis is opinion only and should not be interpreted as financial advice.
BLUESTONE COURT RTM COMPANY LIMITED - Analysis Report
Financial Health Assessment Report
Company: BLUESTONE COURT RTM COMPANY LIMITED
Date: Financial year ended 28 February 2024
1. Financial Health Score: Grade A (Stable Dormant Entity)
Explanation:
The company is classified as dormant with no trading activity, zero net assets, and zero shareholders' funds. This status indicates a "quiescent" or inactive financial condition rather than distress. The absence of liabilities or assets and consistent filing compliance suggests stable administrative health, akin to a patient in remission or a resting phase with no acute symptoms.
2. Key Vital Signs
Metric | Value (£) | Interpretation |
---|---|---|
Net Assets | 0 | No asset base; company is dormant |
Shareholders Funds | 0 | No equity or retained earnings |
Filing Status | Up to date | No overdue accounts or returns; good compliance |
Account Category | Dormant | No business activity; legally maintained |
Directors | Experienced retirees; stable governance | |
Control | Two PSCs with 25-50% voting rights each |
- Vital Sign Interpretation:
The zero balance sheet figures reflect no trading or financial transactions, which is typical of a dormant company. The timely filing of accounts and confirmation statements is a positive "heartbeat" indicating good governance and compliance with statutory obligations. The directors' background (retired professionals) suggests low operational activity but stable stewardship.
3. Diagnosis
Financial Condition:
BLUESTONE COURT RTM COMPANY LIMITED is financially "asymptomatic" with no business operations, assets, or liabilities. This is consistent with a dormant company, which is a legal vehicle maintained without active trading. The company shows no signs of financial distress such as negative equity, overdue filings, or director disqualifications.
- There is no cash flow to evaluate due to dormancy.
- The company appears to serve an administrative or legal purpose, possibly as a management entity for residents' property based on SIC code 98000.
- The governance structure is stable with no recent director resignations other than routine secretary changes.
4. Recommendations
- Continue Dormant Status: Maintain the current dormant status if no immediate trading or operational needs arise. This keeps compliance obligations minimal and financial reporting straightforward.
- Monitor for Activation: Should the company resume operations, initiate a full financial health check focusing on cash flow, working capital, and profitability metrics.
- Governance Review: Retain experienced directors to ensure ongoing statutory compliance and timely filing of accounts and confirmation statements.
- Legal & Tax Check: Periodically review obligations related to dormant companies with a professional advisor to avoid inadvertent trading or tax liabilities.
- Record Keeping: Maintain clear records to demonstrate dormant status if queried by HMRC or Companies House.
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