BRACELETT DEVELOPMENTS LTD

Executive Summary

BRACELETT DEVELOPMENTS LTD is currently a dormant company with minimal financial activity but a clean compliance record, reflecting a stable yet inactive financial condition. While there are no signs of distress, the company is not generating income or operating actively, which limits its financial growth potential. To improve financial wellness, the company should focus on initiating operations and maintaining compliance going forward.

View Full Analysis Report →

Company Analysis

This analysis is opinion only and should not be interpreted as financial advice.

BRACELETT DEVELOPMENTS LTD - Analysis Report

Company Number: NI678763

Analysis Date: 2025-07-29 16:27 UTC

Financial Health Assessment Report for BRACELETT DEVELOPMENTS LTD


1. Financial Health Score: B

Explanation:
The company is classified as dormant, showing minimal financial activity but maintaining a clean and compliant reporting track record since incorporation. With steady but very limited assets (£100 share capital and £100 net current assets), the financial health is stable but essentially "at rest," akin to a patient in a healthy but inactive state. The absence of liabilities and overdue filings supports this positive score, though growth and operational vitality are currently absent.


2. Key Vital Signs

Metric Value Interpretation
Company Status Active Legally operational and compliant with filings.
Account Category Dormant No significant trading or financial transactions.
Share Capital £100 Minimal capital base typical for dormant companies.
Net Current Assets £100 Positive but very limited working capital; no liabilities.
Cash / Debtors £100 Minimal cash or receivables, consistent with dormancy.
Filing Deadlines Up-to-date No overdue accounts or confirmation statements.
Audit Requirement Exempt Dormant status exempts company from audit.

Interpretation:
The company displays "vital signs" resembling a healthy but resting patient—no symptoms of financial distress such as liabilities or overdrafts, but also no signs of active financial engagement or growth. The financial statements show consistency and compliance, indicating good governance despite inactivity.


3. Diagnosis

BRACELETT DEVELOPMENTS LTD is effectively in a dormant state since incorporation in 2021. The financial data reveals no trading activity, no liabilities, and minimal assets reflecting initial share capital only. This is typical for companies established but not yet operational or intentionally kept inactive. The "symptoms" are those of a low metabolic rate—minimal cash flow, no operational revenue, and no expenses.

The company’s financial health is stable with no signs of distress or risk. However, the lack of activity limits its ability to generate returns or build equity. The director has maintained compliance with statutory filing requirements, which is a positive governance indicator.


4. Recommendations

  • Activate Business Operations: If the intention is to grow, consider initiating trading activities, which will introduce revenue streams and operational expenses. This will require careful cash flow management to maintain financial health.
  • Maintain Compliance: Continue timely filing of accounts and confirmation statements to avoid penalties and preserve good standing.
  • Monitor Financial Position: Once trading commences, track key metrics like cash flow, working capital, and profitability to detect early signs of financial stress.
  • Capital Injection as Needed: Depending on operational plans, consider increasing share capital or securing funding to support business activities.
  • Prepare for Audit if Scaling: If the company grows beyond dormant or small thresholds, be prepared for audit and enhanced reporting requirements.


More Company Information


Follow Company
  • Receive an alert email on changes to financial status
  • Early indications of liquidity problems
  • Warns when company reporting is overdue
  • Free service, no spam emails
  • Follow this company