COILTYSIDE DEVELOPMENTS LTD

Executive Summary

COILTYSIDE DEVELOPMENTS LTD is currently dormant with minimal financial activity, reflected by nominal cash and net assets. The company shows no active trading symptoms and holds a weak financial pulse. To transition towards financial health, the company should focus on activating operations, enhancing liquidity, and establishing robust financial management practices.

COILTYSIDE DEVELOPMENTS LTD - Analysis Report

Company Number: SC667840

Analysis Date: 2025-07-29 13:45 UTC

Financial Health Assessment Report: COILTYSIDE DEVELOPMENTS LTD

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1. Financial Health Score: D

Explanation:
The company is currently dormant with negligible financial activity, reflected by minimal cash (£1) and net assets (£1). This grade indicates a very low level of financial activity and operational engagement, akin to a patient in a medically induced coma—alive but not actively functioning. While not in distress, it shows no signs of active business health or growth.

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2. Key Vital Signs

Metric	Value	Interpretation
Company Status	Active	Company is registered but dormant, indicating no trading activity.
Account Category	Dormant	No significant financial transactions during the year.
Cash at Bank	£1	Critically low liquidity; effectively no operating cash flow.
Net Assets	£1	Minimal asset base; no accumulated wealth or retained earnings.
Share Capital	£3	Nominal capital reflecting minimal investment.
Directors & Control	Changes in directors; two individuals hold 75-100% control	Indicates potential restructuring or change in ownership/control.
Filing Compliance	Up to date	No overdue filings; regulatory "vital signs" are stable.
Industry Classification	Construction of domestic buildings	Potentially a sector with capital and operational demands.

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3. Diagnosis

COILTYSIDE DEVELOPMENTS LTD currently shows the symptoms of dormancy—no trading activity, negligible cash flow, and minimal financial assets. Despite being "active" on the register, the company has not engaged in business operations since incorporation in 2020. The balance sheet shows only nominal values, indicating no real investments or revenue-generating assets.

The company’s financial "pulse" is very weak: cash reserves are insufficient to cover any operational expenses, and net assets are at the bare minimum. This condition is typical for a company kept legally alive but not trading, possibly for future use, holding purposes, or awaiting business development.

Ownership and control appear stable but have seen recent changes in director appointments. This may signal a potential plan to reactivate the company or prepare for restructuring. However, there are no current financial "symptoms" of business activity or growth.

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4. Recommendations

To improve financial wellness and prepare for active operations, consider the following steps:

• Activate Operations: Begin trading or conduct planned business activities to generate revenue and improve cash flow. Dormancy is not sustainable long term if the company aims to be viable.

• Capital Injection: Increase share capital or secure financing to build liquidity, enabling operational expenses and investment in assets.

• Financial Planning: Develop a cash flow forecast and budget to monitor and manage working capital proactively.

• Regular Financial Review: Once active, institute regular financial health checks to monitor vital signs such as liquidity ratios, profitability, and asset utilization.

• Governance Stability: Ensure directors and control structures are stable and aligned with business objectives to avoid disruptions.

• Compliance Vigilance: Maintain timely filing of accounts and confirmation statements to avoid penalties and preserve good standing.

If the company is intended to remain dormant, maintain minimal compliance but assess if there is a more tax-efficient or administratively simpler alternative.

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