CONTILITY LTD

Executive Summary

CONTILITY LTD is currently a dormant company with no trading activity, reflected by minimal financial data limited to initial share capital. While legally active and compliant with filings, the company shows no operational financial health indicators yet. The priority is to activate business operations and develop a sound financial strategy to transition from dormancy to a financially healthy, functioning enterprise.

CONTILITY LTD - Analysis Report

Company Number: 15054420

Analysis Date: 2025-07-20 15:57 UTC

Financial Health Assessment Report for CONTILITY LTD

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1. Financial Health Score: D (Dormant Status)

Explanation:
CONTILITY LTD is currently classified as a dormant company, meaning it has not engaged in significant financial transactions since incorporation. The financial health score reflects the company's inactive operational status rather than poor performance. Dormant companies typically have minimal financial data and no trading activity, which limits the scope for traditional financial analysis.

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2. Key Vital Signs

Vital Sign	Value	Interpretation
Company Status	Active	The company is legally active and not dissolved or in liquidation.
Account Category	Dormant	No significant financial transactions during the reporting period.
Cash at Bank and in Hand	£200	Minimal cash reserves, typical for dormant companies.
Net Assets	£200	Small net asset base, reflecting initial share capital only.
Share Capital	£200	Reflects the nominal value of shares issued at incorporation.
Financial Year End	31 August 2024	Latest accounts filed are up to this date.
Filing Compliance	Up to date	No overdue filings or penalties.
Directors	2	Both directors are active and reside locally.
Industry Classification	Business and domestic software development (SIC 62012)	Company classified in software development but currently dormant.

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3. Diagnosis

CONTILITY LTD is in a state of dormancy with no trading activity or financial transactions beyond the initial share capital injection of £200. This "resting state" means the company has no revenue, expenses, or operational cash flows to analyze. The company is compliant with statutory filing requirements and maintains its legal status as active. The directors have acknowledged their responsibilities, and the accounts have been prepared under the small companies regime with dormant company exemptions.

The minimal cash and net assets are typical for a newly formed dormant entity. The company’s industry classification suggests it aims to operate in software development, but no operational symptoms (revenue, costs, investments) are present yet.

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4. Recommendations

• Activate Business Operations: To transition from dormancy to healthy financial activity, the company should develop and execute its business plan to generate revenue and operational cash flows.
• Build Working Capital: As operations commence, ensure sufficient working capital to cover initial expenses and investments in software development.
• Regular Financial Monitoring: Once active, implement regular financial reporting and cash flow management to detect early symptoms of financial distress.
• Strategic Planning: Use the dormant period to refine market strategy, secure funding, and establish client pipelines to avoid "financial frailty" upon commencing trading.
• Compliance Vigilance: Continue timely filing of accounts and confirmation statements to maintain good regulatory standing.

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