BOGLE SUPPORT SERVICES LIMITED

Executive Summary

BOGLE SUPPORT SERVICES LIMITED shows critical financial distress with negative net assets and working capital, indicating insolvency risk despite being a newly incorporated micro-entity. Immediate actions to improve cash flow and capital structure are essential to avoid severe financial consequences. Prompt intervention can stabilize the company’s financial health and support sustainable growth.

BOGLE SUPPORT SERVICES LIMITED - Analysis Report

Company Number: 14962393

Analysis Date: 2025-07-29 13:46 UTC

Financial Health Assessment for BOGLE SUPPORT SERVICES LIMITED

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1. Financial Health Score: F

Explanation:
The company’s financial indicators show a critical distress signal. With net current assets and net assets both negative (£-99), the company is technically insolvent on a balance sheet basis. This is a red flag in financial health diagnostics, akin to a patient presenting with dangerously low vital signs. The company is unable to cover its current liabilities with its current assets, indicating a severe liquidity problem.

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2. Key Vital Signs

Metric	Value	Interpretation
Current Assets	£1	Extremely low cash or equivalent assets, symptom of very weak liquidity
Current Liabilities	£100	Immediate debt obligations significantly outweigh current assets
Net Current Assets	£-99	Negative working capital, indicating potential cash flow distress
Total Net Assets	£-99	Overall insolvency; liabilities exceed assets
Shareholders’ Funds	£-99	Equity is negative, indicating accumulated losses or undercapitalization
Employee Count	1	Micro-entity with minimal staff, typical for start-up or small operation

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3. Diagnosis

The financial "symptoms" suggest that BOGLE SUPPORT SERVICES LIMITED is in a fragile state. The company’s net current assets and net assets are negative, signaling insolvency at the balance sheet level. This indicates that the company does not currently have enough assets to cover its debts, which is a serious financial health concern.

Given the company’s recent incorporation (June 2023) and micro-entity status, it is likely in the early stages of operation or ramp-up. However, such a financial position is akin to a patient with critical vital signs and requires immediate intervention.

The director, who holds 100% control and voting rights, should be highly vigilant to these financial stress symptoms as they imply potential difficulties in meeting financial obligations. The very low current assets (effectively cash or equivalents) suggest the company may struggle with day-to-day liquidity.

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4. Recommendations

• Immediate Cash Flow Review:
  Conduct a detailed cash flow forecast to identify any imminent liquidity gaps. Consider accelerating receivables, delaying non-essential payments, or securing short-term financing to stabilize operations.

• Capital Injection:
  The company may require an equity injection or shareholder loan to restore positive net assets and working capital, improving the financial "immune system."

• Cost Control Measures:
  Review operating expenses rigorously to preserve cash. With only one employee, overheads should be minimal, but any unnecessary spend should be curtailed.

• Seek Professional Advice:
  Early engagement with financial advisors or insolvency practitioners can provide options to avoid formal insolvency procedures if the situation deteriorates.

• Monitor Financial Reporting Timelines:
  Maintain timely filings and transparency with regulators to avoid penalties, which could further strain resources.

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Medical Analogy Summary:
BOGLE SUPPORT SERVICES LIMITED currently exhibits "symptoms of financial distress" with dangerously low liquidity and negative equity, akin to a patient with critical vital signs requiring urgent intervention. Without prompt action to improve cash flow and recapitalize, the company risks entering a state comparable to financial "shock," which could precipitate insolvency.

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