ELEGANT VISION LIMITED
Executive Summary
ELEGANT VISION LIMITED is currently a dormant company with minimal financial activity and nominal assets, reflecting an inactive operational state. While there are no distress signs, the lack of business activity means its financial health is effectively neutral and requires activation of operations and capital infusion for growth. Maintaining statutory compliance is a positive indicator of good governance despite inactivity.
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This analysis is opinion only and should not be interpreted as financial advice.
ELEGANT VISION LIMITED - Analysis Report
Financial Health Assessment for ELEGANT VISION LIMITED
1. Financial Health Score: D (Dormant Status - Minimal Financial Activity)
Explanation:
ELEGANT VISION LIMITED is classified as a dormant company, showing virtually no financial transactions or operating activity since incorporation in 2022. The financial metrics are minimal and static, reflecting a company with no trading or operational cash flow. This results in a low financial health score, not due to distress but due to inactivity.
2. Key Vital Signs
| Metric | Value | Interpretation |
|---|---|---|
| Cash at bank | £2 | Nominal cash balance, indicating no trading activity |
| Net Assets | £2 | Reflects only issued share capital, no retained earnings or operational assets |
| Shareholders’ Funds | £2 | Equity limited to share capital, no accumulation of profits or losses |
| Account Category | Dormant | No significant financial transactions during the year |
| Filing Status | Up to date | No overdue filings, indicating compliance with statutory obligations |
| Directors | One current (Tanveer Manawar), one resigned (Zahid Jamil) | Governance in place, but limited activity |
3. Diagnosis
ELEGANT VISION LIMITED's financial "vital signs" are those of a patient in a state of complete rest or hibernation. The company has not engaged in any trading or investment activity since incorporation, as shown by the dormant company accounts and static financial metrics. The balance sheet is minimal, consisting solely of the issued share capital of £2, with no assets, liabilities, or income recorded.
This indicates the company is not currently utilizing its financial resources for business growth or operations. It is not showing symptoms of financial distress, such as negative net assets or cash flow problems, but rather the absence of any operational "heartbeat." The company is effectively inactive, which can be strategic, preparatory, or due to the founders’ choices.
4. Recommendations
Activate Operations: To improve financial health, the company should initiate trading activities, generate revenue, and build assets. Dormancy implies no business activity; activating operations is essential for financial vitality.
Capital Injection: Consider additional capital contributions or investment to fund initial operations, marketing, or asset acquisition.
Financial Planning: Develop a business plan and cash flow forecast. Healthy cash flow is critical for ongoing business health and to avoid symptoms of distress like liquidity shortages.
Regular Monitoring: Even dormant companies should regularly review compliance, financial position, and strategic direction to avoid unexpected issues.
Director Engagement: Ensure active involvement of directors to provide strategic oversight and prepare for operational start-up.
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