BRING IT BACK INTO BRITAIN LIMITED
Executive Summary
BRING IT BACK INTO BRITAIN LIMITED is currently a dormant private limited company with no trading activity since incorporation. Its financial health is stable but inactive, reflected by minimal net assets solely comprising issued share capital and no operational income or expenses. To improve financial wellness, the company should clarify its strategic direction and, if intended to trade, develop a plan to activate operations while maintaining regulatory compliance.
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This analysis is opinion only and should not be interpreted as financial advice.
BRING IT BACK INTO BRITAIN LIMITED - Analysis Report
Financial Health Assessment for BRING IT BACK INTO BRITAIN LIMITED
1. Financial Health Score: D (Dormant Status)
Explanation:
The company is classified as dormant, with no trading activity or financial transactions recorded during the last fiscal year or preceding years. Net assets and shareholders' funds remain constant at £100, representing issued share capital, with no evidence of operating revenue, expenses, or cash flow activity. This status indicates a business that is inactive rather than financially stressed or flourishing. Hence, while the company is not in financial distress, it is not actively generating value, resulting in a low financial health score from an operational perspective.
2. Key Vital Signs
Metric | Value | Interpretation |
---|---|---|
Company Status | Active | The company is legally active but not trading |
Account Category | Dormant | No significant financial transactions reported |
Net Assets / Shareholders' Funds | £100 | Represents only the nominal share capital, no retained earnings |
Turnover | £0 | No revenue generated, consistent with dormant status |
Filing Compliance | Up to date | Accounts and confirmation statements filed on time |
Directors' Stability | 2 Directors | Directors stable since incorporation; one is a Chartered Accountant |
Industry Classification | Other manufacturing (SIC 32990) | No trading activity despite classification |
Interpretation:
The "vital signs" show a company in a state of hibernation — no active operations or financial activity. The steady net asset figure at £100 corresponds solely to share capital, indicating no accumulation of profit or loss reserves. Compliance with statutory filings is healthy, meaning there are no regulatory "symptoms" such as overdue accounts or penalties.
3. Diagnosis
Dormant with no trading activity:
BRING IT BACK INTO BRITAIN LIMITED has maintained a dormant status since incorporation in 2020, as evidenced by the flat financials and absence of turnover or liabilities. This means the company has neither generated income nor incurred expenses, effectively placing it in a "coma" from a trading perspective. The company’s financial "heartbeat" is minimal, sustained only by the initial capital injection.
No financial distress but no operational progress:
There are no signs of financial distress such as liabilities, negative equity, or cash flow problems. However, the company is not actively contributing to business growth or profitability. The presence of a Chartered Accountant as a director suggests competent oversight, but no action to activate trading has been taken.
4. Recommendations
Clarify strategic intent: The company owners should confirm whether the dormant status is intentional (e.g., holding company, asset protection) or if there are plans to commence trading. This will guide future financial management.
Activate operations or consider closure: If business activities are planned, develop a clear operational and financial plan to transition from dormancy to active trading. This includes budgeting for initial expenses, securing working capital, and preparing for revenue generation.
Maintain compliance: Continue timely filing of dormant accounts and confirmation statements to avoid penalties and maintain good standing.
Monitor financial readiness: If activation is planned, perform a "pre-flight check" on working capital adequacy, potential liabilities, and market conditions before commencing operations.
Consider tax and legal advice: Dormant companies should periodically review their tax status and legal obligations to ensure no inadvertent liabilities arise.
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