EVERGREEN PRESTIGE LIMITED

Executive Summary

EVERGREEN PRESTIGE LIMITED is currently in a dormant, pre-trading phase with stable but minimal financial activity. The company's balance sheet indicates a healthy liquidity position balanced by equivalent liabilities, typical for a newly incorporated entity. Moving forward, activating trading operations and strengthening equity will be critical for evolving from this incubation phase to sustainable business growth.

EVERGREEN PRESTIGE LIMITED - Analysis Report

Company Number: 15264975

Analysis Date: 2025-07-29 12:57 UTC

Financial Health Assessment for EVERGREEN PRESTIGE LIMITED

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1. Financial Health Score: B (Good)

Explanation:
The company is currently in a stable condition with a clean dormant status, meaning it has not traded or incurred expenses in the reported period, which reduces operational risk. The balance sheet shows a near-perfect balance between current assets and current liabilities, indicating no immediate liquidity distress. However, the extremely low net assets and shareholders’ funds (£2) reflect the early stage of the company and limited financial activity. This profile suggests a "healthy but nascent" financial state, typical for a newly incorporated dormant entity.

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2. Key Vital Signs

Metric	Value	Interpretation
Current Assets	£305,002	Strong short-term asset base, likely cash or equivalents, providing liquidity.
Current Liabilities	£305,000	Almost equal to current assets, indicating liabilities that are due within a year.
Net Current Assets	£2	Minimal working capital; no excess liquidity beyond liabilities.
Shareholders’ Funds	£2	Equity capital is nominal, reflecting no retained earnings or accumulated reserves.
Trading Status	Dormant	No trading activity, no income, and no expenses; the company is not yet operational.
Employees	2	Some staff presence despite dormancy, possibly preparatory or administrative roles.
Filing Compliance	Up to date	All filings are current, indicating good compliance and governance.

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3. Diagnosis

The company presents symptoms of dormancy with no active trading or operational income during the first financial year. The balance sheet shows a healthy cash or similar asset pool matched by equivalent liabilities, which may represent shareholder loans or initial funding that has not yet been applied to business activities. The nominal equity (£2) is typical for a newly formed entity under micro-entity accounting rules.

The absence of profit and loss activity and the exemption from audit reflect minimal financial complexity, but also a lack of commercial traction so far. The presence of two employees despite dormancy indicates preparatory steps toward future operations, perhaps administrative or compliance-related tasks.

Overall, the financial vital signs do not indicate distress or risk, but rather a company in the incubation phase awaiting commercial activation.

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4. Recommendations

• Activate Trading Activities: To transition from dormancy, initiate commercial operations to generate revenue and build financial resilience.
• Monitor Working Capital Usage: Ensure that current liabilities are carefully managed and funded either by cash inflows or shareholder support to avoid liquidity strain once trading begins.
• Build Equity Base: Consider capital injections or retained earnings accumulation to strengthen shareholders’ funds, providing a buffer against future risks.
• Implement Financial Controls: Establish budgeting, forecasting, and cash flow monitoring to prevent symptoms of financial distress as operations commence.
• Compliance Vigilance: Maintain timely filings and statutory compliance to avoid penalties and maintain good corporate standing.
• Strategic Planning: Develop a clear business plan aligned with the SIC code (holiday and collective accommodation) to guide growth and investment decisions.

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