COGNIZEIT LIMITED

Executive Summary

COGNIZEIT LIMITED currently operates as a dormant company with no trading activity or financial transactions beyond nominal share capital. While compliant with statutory filing requirements, its financial health score is limited by the absence of operational data. Future financial wellness depends on resuming trading activities, enhancing capital structure, and maintaining governance standards.

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Company Analysis

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

COGNIZEIT LIMITED - Analysis Report

Company Number: 12802882

Analysis Date: 2025-07-20 14:59 UTC

Financial Health Assessment for COGNIZEIT LIMITED


1. Financial Health Score: Grade D

Explanation:
COGNIZEIT LIMITED is classified as a dormant company, showing minimal financial activity since incorporation in 2020. The financial data reveals a static and extremely limited balance sheet, with net assets and shareholders' funds consistently at £1 (the nominal share capital). There are no operational revenues, expenses, or cash flow activity. This financial "vital sign" signals a company currently inactive in trading, which limits its financial health status to a low grade due to lack of demonstrated business activity or financial performance.


2. Key Vital Signs

Metric Observation Interpretation
Company Status Active but Dormant Company is legally active but not trading or generating revenue.
Turnover & Profit £0 (Dormant) No trading activity or profit/loss reported.
Net Assets & Shareholders' Funds £1 consistently Only nominal capital; no retained earnings or growth.
Cash & Current Assets £1 Minimal cash balance matching share capital.
Liabilities Not reported (assumed nil) No debts or liabilities recorded.
Director Changes Recent director appointment & resignations Potential governance changes, but no financial impact yet.
Filing Compliance Up to date No overdue filings; company complies with statutory duties.

3. Diagnosis: Financial Condition and Underlying Business Health

COGNIZEIT LIMITED exhibits the classic "symptom" of a dormant entity — minimal financial records, no trading activity, and solely nominal share capital on the books. This status means the company is essentially in a state of financial hibernation, with no cash inflows or outflows to assess operational health. The company’s financial "pulse" is flatline in terms of trading performance but stable in statutory compliance, which is a positive sign for regulatory health.

The recent director changes in 2024 may indicate preparatory steps for future business activity or restructuring. However, without operational financial data, the company cannot yet be evaluated for profitability, liquidity, or solvency beyond its dormant state.


4. Recommendations: Improving Financial Wellness

  • Initiate Trading Activities or Formal Closure: If the company intends to operate, it should develop a clear business plan, start trading to generate revenues, and maintain active financial records reflecting operations. Alternatively, if dormant status is to continue indefinitely, consider formal closure to avoid ongoing compliance costs.

  • Maintain Statutory Compliance: Continue timely filing of accounts and confirmation statements to avoid penalties and maintain good standing.

  • Monitor Director Responsibilities: With recent director transitions, ensure new directors understand their fiduciary duties, especially if business activity resumes.

  • Prepare for Financial Reporting: Upon resumption of trading, implement robust bookkeeping and financial controls to establish a healthy financial "heartbeat" measurable by cash flow, profitability, and balance sheet strength.

  • Consider Capital Injection: If business operations are planned, fresh capital investment may be required beyond the nominal £1 share capital to fund initial expenses and growth.



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