ECLECTIC ATTIC LTD

Executive Summary

ECLECTIC ATTIC LTD is a dormant private limited company showing no financial activity beyond the nominal share capital. Its financial health is stable but inactive, with no operational cash flow or assets. Continued dormancy maintains legal compliance but offers no growth potential; clear strategic decisions are needed to activate or dissolve the company for future financial wellbeing.

ECLECTIC ATTIC LTD - Analysis Report

Company Number: 14261989

Analysis Date: 2025-07-29 20:59 UTC

Financial Health Score: F (Dormant Status with Minimal Financial Activity)
The company is classified as dormant, with virtually no financial transactions or meaningful assets/liabilities reflected in its accounts. This status inherently limits operational and financial activity, indicating no current business trading or financial health to assess beyond compliance.

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Key Vital Signs

Metric	Value (2024)	Interpretation
Cash at Bank and in Hand	£1	Minimal cash, effectively no liquidity for operations
Net Assets	£1	No accumulation of assets or equity beyond nominal share capital
Shareholders’ Funds	£1	Only the nominal initial share capital invested
Account Category	Dormant	No trading activity or financial transactions during the year
Filing Status	Up to date	Compliance with filing deadlines, no penalties
Company Status	Active	Legally active but not trading

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Symptoms Analysis

The financial "vital signs" of ECLECTIC ATTIC LTD reveal a company in a state of hibernation rather than active business. The dormant status means it has no revenue, expenses, or operational cash flow — akin to a patient in deep rest or coma, showing no signs of financial life or distress but also no growth or vitality.

• The cash holding of £1 is symbolic, representing the minimum statutory capital rather than usable operating funds.
• Net assets and shareholder funds mirror the initial share capital only, showing no retained earnings or invested capital growth.
• The absence of any liabilities or financial transactions suggests no business activity, no debt burden, and no operational risks.
• The company remains compliant with Companies House filing requirements, which is a positive indicator of governance and legal health.

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Diagnosis

ECLECTIC ATTIC LTD’s financial condition is stable but effectively inactive. This is typical and expected for a dormant company that has neither commenced trading nor conducted transactions. It is not suffering from financial distress, but neither is it generating value or sustaining business operations.

From a financial wellness perspective, the company is in a neutral state—no symptoms of financial strain or operational success. It is a "financially healthy patient" in remission, awaiting either activation or dissolution.

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Prognosis

If the company remains dormant, its prognosis is stable but static. Without operational activity, there will be no financial growth, no cash inflow, and minimal risk. However, prolonged dormancy without a clear plan for activation or closure may raise questions among stakeholders about the company’s purpose and potential.

Should the company decide to start trading, it will need to ensure adequate capital infusion, establish operational cash flow, and build assets to transition from dormancy to active business health.

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Recommendations

1. Clarify Business Intentions: If the company intends to commence trading, develop a clear business plan and secure working capital to avoid symptoms of financial shock upon activation.
2. Maintain Compliance: Continue timely filing of accounts and confirmation statements to sustain legal and governance health.
3. Consider Dormant Status Review: If the company is no longer needed, consider formal dissolution to reduce administrative overhead.
4. Prepare for Activation: Should the company activate, establish financial controls and monitor liquidity and profitability metrics closely to detect early signs of financial distress or opportunity.
5. Engage Professional Advice: When transitioning from dormancy to active trading, seek expert financial and legal advice to ensure robust financial health and regulatory compliance.

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