BUBBLE QUEEN LTD
Executive Summary
BUBBLE QUEEN LTD currently operates as a dormant company with no financial activity, reflected by minimal net assets and no trading data. While compliance with filing requirements is good, the absence of operational data means the company’s financial health cannot be actively assessed. To improve financial wellness, initiating business activities and establishing cash flow management are crucial next steps.
View Full Analysis Report →Company Analysis
This analysis is opinion only and should not be interpreted as financial advice.
BUBBLE QUEEN LTD - Analysis Report
Financial Health Assessment Report for BUBBLE QUEEN LTD
1. Financial Health Score: F (Dormant Status)
Explanation:
BUBBLE QUEEN LTD is classified as a dormant company, meaning it has had no significant financial transactions during its latest financial year. With net assets and shareholders’ funds recorded at just £1, there is effectively no active business operation or financial activity to assess. This results in a financial health score of F, indicating no current financial activity or measurable financial health.
2. Key Vital Signs
Metric | Value | Interpretation |
---|---|---|
Company Status | Active | Company is registered and operational in a legal sense but inactive financially. |
Account Category | Dormant | No significant transactions, minimal financial data available. |
Net Assets | £1 | Indicates no operational assets or liabilities recorded. |
Shareholders’ Funds | £1 | Reflects initial share capital, no retained earnings or reserves. |
Filing Compliance | Up to date | Accounts and confirmation statements are current, no overdue filings. |
Significant Control | Single individual ownership (75-100%) | Full control by one director/shareholder, which simplifies governance but may limit external oversight. |
3. Diagnosis: Underlying Business Health
The "symptoms" here are clear: BUBBLE QUEEN LTD is currently in a state of financial dormancy, akin to a patient in a medically induced coma. This means no trading activity, no revenues, and no expenses have been recorded. The balance sheet shows only the nominal share capital of £1, reflecting no operational assets or liabilities.
This dormant status may be a strategic choice (for example, reserving the company for future use or protecting a business name) or a sign of a business yet to commence trading. There are no signs of financial distress or insolvency since no trading has occurred and no debts have been incurred.
The director, Mr. Serkan Aksakal, holds full control and responsibility, indicating clear governance but also placing the onus entirely on a single individual for any future business activity or financial health.
4. Recommendations
Activate Operations: To establish financial wellness, the company needs to commence trading activities. This will generate financial data to analyze cash flow, profitability, and asset utilization.
Monitor Cash Flow: Once active, ensure there is a healthy cash flow to cover operating expenses, which is critical to avoid symptoms of financial distress.
Maintain Compliance: Continue timely filing of accounts and confirmation statements to avoid penalties and maintain good standing.
Financial Planning: Upon activation, develop budgets and forecasts to anticipate financial needs and prevent possible liquidity issues.
Consider External Advice: If planning to start trading, consult with financial advisors to set up robust accounting and monitoring systems.
More Company Information
Recently Viewed
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