DIGITALBLADE LIMITED
Executive Summary
DIGITALBLADE LIMITED is currently a dormant company with minimal financial activity and a stable but very limited equity base. The company maintains good compliance but has yet to activate its business potential in IT and consultancy sectors. To improve financial health, initiating operations and strategic planning are essential next steps.
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This analysis is opinion only and should not be interpreted as financial advice.
DIGITALBLADE LIMITED - Analysis Report
Financial Health Assessment for DIGITALBLADE LIMITED
1. Financial Health Score: Grade D
Explanation:
DIGITALBLADE LIMITED is currently a dormant private limited company with minimal financial activity, reflected in a consistent net asset and shareholder equity balance of only £10. The absence of trading results or operational financial data precludes a positive health rating. While there are no signs of insolvency or distress, the company is essentially inactive, which limits its financial vibrancy and growth potential. The score of D reflects a "healthy dormancy" state but underscores the lack of active financial operations and growth indicators.
2. Key Vital Signs
Metric | Value | Interpretation |
---|---|---|
Status | Active | Company is legally active and compliant |
Account Category | Dormant | No significant financial transactions in the year |
Net Assets | £10 | Minimal net worth, reflecting nominal share capital |
Shareholders Funds | £10 | Equity equals share capital, no retained earnings |
Filing Compliance | Up-to-date | Accounts and confirmation statements filed timely |
Director | Single director, Mr. A Hussain | Concentrated leadership, no red flags |
Industry Classification | IT consultancy and management consultancy | Potential growth sectors, currently inactive |
3. Diagnosis: What the Financial Data Reveals
Dormancy Status: The company is classified as dormant, meaning it has not engaged in any trading or financial transactions beyond the initial share capital contribution. This is akin to a patient in a state of rest with no active symptoms but also no signs of active growth or recovery.
Financial Stability: The stable net assets and shareholders’ funds at £10 indicate no liabilities or debts and no operational profit or loss. This suggests no financial distress but also no operational vitality.
Compliance and Governance: The company is compliant with Companies House filing requirements, which is a positive sign of good governance. The director is in place and has acknowledged responsibilities, indicating proper oversight.
Business Potential: The company's industry sectors (IT consultancy, software development, and management consultancy) represent growth areas in the UK economy. However, the dormant status means it is not currently leveraging these opportunities.
4. Recommendations: Specific Actions to Improve Financial Wellness
Activate Business Operations: To move beyond dormancy, the company should initiate trading activities aligned with its SIC codes—such as IT consulting or software development—to generate revenue and build financial strength.
Prepare a Business Plan: Develop a clear strategic plan outlining market entry, target clients, and financial projections. This will help diagnose future financial "health" and guide treatment steps.
Maintain Compliance Vigilantly: Continue timely filings and maintain accurate records to avoid regulatory penalties and preserve corporate health.
Consider Capital Investment: If operations commence, consider raising additional capital or securing financing to build working capital and fund growth—akin to administering nutrients to a dormant patient to jumpstart metabolism.
Monitor Financial Metrics Regularly: Once active, track liquidity ratios (cash flow), profitability, and solvency to detect early symptoms of distress or opportunity.
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