BMS SOFTWARE LIMITED

Executive Summary

BMS SOFTWARE LIMITED is a recently incorporated UK private limited company currently in a dormant state with minimal financial activity. The company is compliant with filing requirements but has not yet commenced trading, reflecting a low-risk but inactive financial condition. To improve financial health, the company should focus on activating operations, managing cash flow, and maintaining regulatory compliance.

BMS SOFTWARE LIMITED - Analysis Report

Company Number: 14469572

Analysis Date: 2025-07-20 13:12 UTC

Financial Health Assessment Report for BMS SOFTWARE LIMITED

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1. Financial Health Score: D (Dormant Status)

Explanation:
BMS SOFTWARE LIMITED is classified as a dormant company, indicating it has had no significant financial transactions during the latest financial year. The financial metrics available are minimal and reflect a company in its infancy or in a state of inactivity. While compliance is current, the lack of operational data prevents a full assessment of financial vitality. The score reflects the "asleep" or "inactive" state rather than active business health.

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2. Key Vital Signs

Vital Sign	Value	Interpretation
Status	Active	Company is registered and legally active.
Account Category	Dormant	No significant trading activity in the reported period.
Cash Balance	£2	Minimal cash on hand, consistent with dormancy.
Net Assets	£2	Equity equals cash, showing no operational assets/liabilities.
Shareholders’ Funds	£2	Reflects minimal initial capital, no retained earnings.
Filing Status	Up to date	No overdue accounts or confirmation statements.
Number of Directors	2	Active governance in place.
Industry Classification	IT Consultancy (62020)	Company intended for IT consultancy services.
Significant Control	Two directors hold 25-50% shares each	Ownership evenly split, indicating balanced control.

Interpretation:
The company is compliant with filing requirements but has not commenced operational activities. The minimal cash and net assets reflect an early stage or a holding status without business transactions ("symptoms of financial dormancy"). No revenues, expenses, or liabilities are recorded, which limits insight into business performance or risk exposure.

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3. Diagnosis

BMS SOFTWARE LIMITED is currently in a state of dormancy, akin to a patient who is resting or in remission. The company is legally active but has not engaged in trading activities, as evidenced by the negligible financial figures and dormant accounts filing. This "inactive metabolism" means no revenues, no expenses, and no working capital fluctuations are present.

The governance structure is intact with two directors and a corporate secretary, suggesting readiness for future activation or trading. The company’s registration and compliance with statutory obligations are "healthy," indicating good administrative care despite the lack of business operations.

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4. Recommendations

• Activate Trading Operations: To move from dormancy to active business, initiate operational activities promptly to generate revenue and engage working capital. This will provide more meaningful financial data for future health assessments.

• Monitor Cash Flow: Once active, maintain a "healthy cash flow" by managing receivables, payables, and operating expenses carefully to avoid liquidity distress.

• Prepare for Financial Reporting: Ensure proper accounting records are maintained from the outset of trading to facilitate accurate financial statements and compliance with reporting deadlines.

• Strategic Planning: Develop a business plan detailing service offerings and financial projections to attract investment or credit if needed.

• Maintain Compliance: Continue timely filing of accounts and confirmation statements to prevent penalties and maintain corporate reputation.

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