Company Number: 14715268

Analysis Date: 2025-07-20 15:18 UTC

Financial Health Assessment of D & KRIS LIMITED

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1. Financial Health Score: Grade D (Dormant Status)

Explanation:
D & KRIS LIMITED is classified as a dormant company with minimal financial activity. The financial data shows an almost negligible asset base (£1 net assets and shareholders’ funds) and no trading activity. This grade reflects a company that currently exhibits no operational or financial vitality, akin to a patient in a state of rest or inactivity rather than active health or distress.

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2. Key Vital Signs

Metric	Value	Interpretation
Company Status	Active	Company is legally active and registered.
Account Category	Dormant	No significant financial transactions in year.
Net Assets	£1	Minimal net worth; balance sheet is effectively zero.
Shareholders’ Funds	£1	Equity equals nominal share capital only.
Financial Year End	31 March 2024	Latest accounts cover this period.
Director	1 (Denis Filipov)	Single director, also sole shareholder and PSC.
SIC Code	53201 (Licensed carriers)	Business classification but no operational data.

Interpretation:
The "vital signs" present a company that is alive on paper but not engaged in commercial activity. The balance sheet shows the company holds only its nominal share capital, with no assets or liabilities, indicating zero business operations during the reported period.

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3. Diagnosis: Dormant Company with No Financial Activity

The company is in a dormant state, meaning it has no trading or significant financial transactions during the reported financial year. This is a deliberate or transitional phase often used by businesses that are newly incorporated but not yet trading, or those temporarily inactive. The balance sheet reflects this with only the nominal share capital recorded.

There are no symptoms of financial distress such as negative equity, debts, or losses. However, the absence of revenue, expenses, and assets means the company has no operational cash flow or income generation — comparable to a patient resting without active metabolism.

The director and sole shareholder, Mr. Denis Filipov, controls the company entirely, which simplifies governance but also means the company’s future activity depends solely on his decisions.

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4. Recommendations to Improve Financial Wellness

• Activate Trading Operations: To move from dormancy to a healthy financial state, begin commercial activities aligned with the licensed carriers SIC code (e.g., logistics, transport services). This will initiate cash flows and build operational assets.

• Establish Financial Records: Ensure proper accounting and bookkeeping from the start of trading to monitor liquidity, profitability, and solvency — essential “vital signs” for ongoing financial health.

• Capital Investment: Consider injecting additional capital or securing financing to fund business operations and asset acquisition, improving working capital and net assets.

• Regular Financial Review: Schedule periodic financial reviews to diagnose early symptoms of distress such as declining cash flow or increasing liabilities, enabling timely corrective actions.

• Compliance Maintenance: Continue timely filing of annual accounts and confirmation statements to avoid penalties and maintain legal good standing.

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Summary

D & KRIS LIMITED currently exists as a dormant company with no financial activity beyond nominal share capital. While not in distress, the company shows no signs of operational health or vitality. To improve, it should initiate trading operations, build financial records, and monitor performance closely to foster sustainable growth.