EVERTON ESTATE COMPANY (NO2) LTD
Executive Summary
Everton Estate Company (No2) Ltd is currently a dormant entity with negligible financial activity and minimal assets, reflecting a stable but inactive business status. While there are no symptoms of financial distress, the company is not generating operational value and remains in a legal but inactive state. To improve financial wellness, the company should consider reactivation plans or maintain strict compliance to preserve its dormant status without incurring penalties.
View Full Analysis Report →Company Analysis
This analysis is opinion only and should not be interpreted as financial advice.
EVERTON ESTATE COMPANY (NO2) LTD - Analysis Report
Financial Health Assessment: EVERTON ESTATE COMPANY (NO2) LTD
1. Financial Health Score: D
Explanation:
The company is classified as dormant with minimal financial activity, reflected in very low asset values (£3 in cash and net assets). This score indicates a business in a state of financial inactivity and minimal operational presence rather than active financial health or distress.
2. Key Vital Signs
Metric | Value | Interpretation |
---|---|---|
Status | Active | Company is legally registered and not dissolved |
Account Category | Dormant | No significant financial transactions in the year |
Cash at Bank | £3 | Practically negligible cash reserves |
Net Assets | £3 | No appreciable net worth or operational assets |
Shareholders' Funds | £3 | Equity investment limited to nominal share capital |
Directors | 3 active | Stable governance, no sign of director changes |
Financial History | 3 years dormant | No operational financial records beyond minimal equity |
Industry SIC Code | 99999 (Dormant) | Company currently not engaged in trading activities |
3. Diagnosis
EVERTON ESTATE COMPANY (NO2) LTD is effectively a "financial patient" in a dormant state. The minimal financial transactions and negligible cash/net assets indicate the business is not trading or generating revenue. This is akin to a patient in remission or rest with no active symptoms but no ongoing activity to improve vitality. The three directors hold equal control and have maintained the company in this status without pursuing active commercial operations.
While this dormant status presents no signs of financial distress or insolvency, it also means there is no financial growth or generation of business value. The company is essentially in a "standby" mode, maintaining its legal existence but not contributing to cash flow or profitability.
4. Recommendations
- Consider Reactivation Strategy: If the company plans to commence trading, develop a detailed business plan and capital injection to build operational cash flow and assets.
- Maintain Compliance: Continue timely filing of dormant company accounts and confirmation statements to avoid penalties.
- Evaluate Purpose: If the company is intended only for holding shares or future projects, ensure stakeholders understand the dormant status and potential tax implications.
- Financial Planning: For future activation, prepare for initial working capital requirements and consider appointing financial advisors to monitor liquidity and solvency from the outset.
- Review Directors’ Roles: Ensure directors remain engaged and aware of responsibilities even in dormant state to avoid administrative risks.
More Company Information
Recently Viewed
Follow Company
- Receive an alert email on changes to financial status
- Early indications of liquidity problems
- Warns when company reporting is overdue
- Free service, no spam emails Follow this company