BROWSIFY LIMITED
Executive Summary
BROWSIFY LIMITED is currently a dormant company with minimal financial activity and a very small asset base, reflecting no operational cash flow or profitability. While there are no signs of financial distress, the company’s financial health is weak due to inactivity. To progress, the company should focus on initiating trading activities and establishing robust financial management practices.
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This analysis is opinion only and should not be interpreted as financial advice.
BROWSIFY LIMITED - Analysis Report
Financial Health Assessment for BROWSIFY LIMITED
1. Financial Health Score: D
Explanation:
The company is in the very early stages of its life cycle with minimal financial activity. Its dormant status and trivial asset base indicate no operational revenue or trading activity. This equates to a weak financial health score because there are no tangible signs of business growth, cash flow generation, or profitability. However, it is not under distress or insolvency, just inactive.
2. Key Vital Signs
Metric | 2024 Value | Interpretation |
---|---|---|
Company Status | Active | The company is officially active but dormant. |
Account Category | Dormant | No significant financial transactions since inception. |
Current Assets | £100 | Extremely low; represents nominal asset holding. |
Net Assets | £100 | Reflects minimal equity; no liabilities reported. |
Share Capital | £100 | Fully paid-up capital; typical for a start-up. |
Employees | 1 (director) | Sole employee is the director; no operational staff. |
Filing Timeliness | On time | No overdue filings, indicating compliance discipline. |
Interpretation:
- The "dormant" status is like a patient in a state of rest with no active symptoms—no trading means no cash inflows or outflows to assess operational health.
- The company's balance sheet shows only £100 in assets and equity, with no liabilities or operational income recorded.
- The sole director and shareholder, Mr. Tariq Afzal, controls 100% of the company, indicating a tightly held private entity.
- Compliance with filing deadlines is a positive sign of good corporate governance "vital signs."
3. Diagnosis
BROWSIFY LIMITED is essentially in a dormant state since incorporation in late 2022, with no recorded business activity. The financial "symptoms" show no revenue, expenses, or operational cash flow. Its financial "vital signs" are stable but minimal, reflecting a business "at rest" rather than "active and thriving." The company's financial position neither indicates distress nor growth potential at this stage.
The lack of trading means there is no measurable profitability or liquidity issues. This is common for newly incorporated companies that may be in planning or pre-trading phases. The company's "financial pulse" is weak but steady.
4. Recommendations
To improve financial wellness and transition from dormancy to operational health, the company should consider the following:
- Activate Trading Operations: Begin business activities to generate revenue and cash flow. This is vital to move from dormancy to financial growth.
- Develop a Cash Flow Plan: Establish budgeting and forecasting to ensure healthy liquidity as operations commence.
- Monitor Key Metrics: Once trading, track receivables, payables, profit margins, and working capital regularly to detect any early financial "symptoms" of distress.
- Maintain Compliance: Continue timely filing of accounts and confirmation statements to avoid penalties and maintain good corporate standing.
- Consider Audit and Reporting Needs: As business grows, prepare for audit requirements and enhanced financial reporting to attract investors or lenders.
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