EVENDAN CONSULTING LTD

Executive Summary

EVENDAN CONSULTING LTD is currently dormant with no trading activity, reflecting a financially stable but inactive status. The company maintains full compliance with filing requirements and is positioned to begin operations in IT consultancy. To enhance financial health, the company should focus on activating trading, establishing financial controls, and preparing for operational risks.

EVENDAN CONSULTING LTD - Analysis Report

Company Number: 15055864

Analysis Date: 2025-07-20 13:28 UTC

Financial Health Assessment: EVENDAN CONSULTING LTD

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1. Financial Health Score: B

Explanation:
EVENDAN CONSULTING LTD is currently a dormant company with no trading activity reported since incorporation. As such, it shows zero net assets and no shareholder funds movement, which is typical for a dormant status. The company's financial health is stable by virtue of inactivity—there are no debts or liabilities showing distress. However, the lack of operational data means we cannot assess profitability or cash flow health. Hence, a "B" grade reflects a stable but inactive financial condition awaiting future trading activity to better evaluate performance.

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2. Key Vital Signs

Metric	Value	Interpretation
Company Status	Active	Company is registered and operational (though dormant)
Account Category	Dormant	No significant financial transactions during the year
Net Assets	£0	No assets or liabilities recorded, typical of dormancy
Shareholders Funds	£0	No equity changes, no retained earnings or losses
Director	Paul David Sheath	Single director with full control, indicating centralized control
Industry Classification (SIC)	62020 - IT Consultancy	Positioned in IT consulting sector, potential for trading
Filing Compliance	Up-to-date	No overdue filings, indicating good regulatory compliance

These metrics show a company that is compliant with filing requirements but currently in a "hibernation" phase without trading activity or financial transactions.

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3. Diagnosis

EVENDAN CONSULTING LTD is in a dormant state, which means it is not generating revenue, incurring expenses, or engaging in business operations. This status can be compared to a patient in stable remission—not sick, but not actively functioning either. The company shows no symptoms of financial distress such as debt, losses, or liquidity issues. However, the absence of trading means there is currently no income stream or financial growth.

The director has full ownership and control, which simplifies decision-making and governance but also means the company’s future depends heavily on his strategic choices.

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4. Recommendations

• Activate Trading Operations: To move from dormancy to financial health, the company should begin active trading. This will introduce cash flow, revenue generation, and the opportunity to build net assets.
• Maintain Compliance: Continue timely filing of accounts and confirmation statements to avoid penalties and maintain good standing.
• Financial Planning: Develop a clear business plan including budgeting, forecasting cash flow, and setting financial targets to monitor once active.
• Capital Structure Review: Consider issuing shares or obtaining initial capital to fund operations and support growth.
• Risk Management: Prepare for typical start-up risks such as initial losses and cash flow volatility by maintaining a reserve or access to credit.
• Governance: With a single director and shareholder, establish clear decision-making protocols and consider appointing additional directors or advisors for diversified oversight.

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