CROMVALE CLASSIC CARS LIMITED

Executive Summary

CROMVALE CLASSIC CARS LIMITED is currently dormant with minimal financial activity, reflected in its nominal net assets and lack of trading data. While administratively compliant, the company shows no operational financial vitality yet. To improve its financial health, the company should initiate trading, strengthen financial controls, and ensure adequate capitalization, thereby transitioning from dormancy to active business engagement.

CROMVALE CLASSIC CARS LIMITED - Analysis Report

Company Number: 15112174

Analysis Date: 2025-07-20 14:30 UTC

Financial Health Assessment Report for CROMVALE CLASSIC CARS LIMITED

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1. Financial Health Score: Grade D

Explanation:
Given the company's dormant status with minimal financial activity and extremely limited financial data, the financial health score is rated as D. This reflects the absence of operational financial metrics such as revenue, expenses, profit margins, or cash flow. While the company is not exhibiting distress, there is insufficient evidence of financial vitality or growth. The dormant status suggests the company is in a "resting state" with no active trading, which from a financial health perspective is neutral but not robust.

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2. Key Vital Signs

Metric	Value	Interpretation
Company Status	Active	The company is legally operational.
Account Category	Dormant	No significant financial transactions during the year.
Net Assets	£2	Extremely low net assets indicating no operational assets.
Shareholder Funds	£2	Minimal equity invested.
Directors	3 appointed (1 resigned immediately)	Governance in place but minimal activity.
Industry Classification (SIC)	45112 (Sale of used cars and light motor vehicles)	Industry sector identified but no trading activity.
Filing Compliance	Up to date	No overdue accounts or returns; good compliance health.

Interpretation of Vital Signs:
The company's financial vital signs resemble a patient in a state of dormancy or hibernation. The net assets and shareholder funds are symbolic rather than reflective of an active business. The lack of trading means there are no symptoms such as cash flow problems or profitability issues to diagnose. The company is compliant with filing requirements, which is a positive sign of administrative health.

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3. Diagnosis

CROMVALE CLASSIC CARS LIMITED is currently a dormant private limited company registered in September 2023, with no recorded trading activity or financial transactions during its first financial year ending September 2024. This means the company has not engaged in any business operations, sales, or incurred expenses. The balance sheet reflects this with a nominal net asset value of £2, representing the issued share capital.

The presence of three directors (with one resigning immediately) indicates governance is established, but the company's "financial pulse" is essentially flat. There are no "symptoms" such as profit or loss, working capital issues, or liquidity concerns because there is no business activity to generate such financial data.

From a financial health perspective, the company is in a neutral state—neither distressed nor thriving. It can be considered a "financially stable patient in remission," where the business is legally compliant but inactive.

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4. Recommendations

1. Activate Business Operations:
   To move beyond dormancy and build financial health, the company should commence trading activities. This will generate vital financial data such as revenue, costs, and cash flows, which are essential to diagnose and improve financial wellness.

2. Maintain Compliance:
   Continue timely filing of accounts and confirmation statements to avoid penalties and maintain a clean administrative record.

3. Establish Financial Controls:
   Once trading starts, implement robust accounting systems to monitor cash flow, debtors, creditors, and profitability. Early detection of financial "symptoms" such as liquidity constraints will enable proactive management.

4. Plan for Capitalization:
   Assess whether the current equity capital (£2) is sufficient to support business activities. Consider injecting additional funds or securing financing to build operational capacity.

5. Regular Financial Reviews:
   Schedule periodic financial health check-ups to monitor progress from dormancy to active trading, ensuring sustainable growth and early identification of financial distress signals.

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