EVOLVE PROGRAM LTD

Executive Summary

EVOLVE PROGRAM LTD is at an embryonic stage with no cash, assets, or revenue, and minimal liabilities. It shows typical early-stage financial symptoms requiring urgent development of cash flow and operational activity for viability. Immediate focus should be on securing funding and managing liabilities to ensure survival and growth.

EVOLVE PROGRAM LTD - Analysis Report

Company Number: 15468021

Analysis Date: 2025-07-29 17:10 UTC

Financial Health Assessment of EVOLVE PROGRAM LTD

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1. Financial Health Score: Grade D

Explanation:
Given that EVOLVE PROGRAM LTD is newly incorporated (February 2024), with no reported sales, assets, or cash inflows during its first financial year, and current liabilities of £1,961, its financial health score is low. The company shows symptoms of early-stage operational challenges, such as a complete lack of cash and working capital, but minimal liabilities and no employees, suggesting it is in a nascent or pre-operational phase. The grade D reflects caution due to the absence of financial activity and resources to cover liabilities.

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2. Key Vital Signs

Metric	Value	Interpretation
Fixed Assets	£0	No investments in property or equipment—typical for a start-up or a service-focused company.
Current Assets	£0	No cash or receivables; no liquid resources available to meet short-term obligations.
Current Liabilities	£1,961	Small short-term creditor balance; must be managed carefully, as no current assets exist.
Net Current Assets	£0	Working capital is zero, indicating no buffer to cover immediate debts.
Net Assets / Shareholder Funds	£1	Equity is minimal, reflecting initial share capital only.
Cash at Bank	£0	No cash reserves, a critical symptom of financial distress or pre-revenue status.
Number of Employees	0	No payroll expense, consistent with a start-up phase or non-operational status.
Account Category	Total Exemption Full	Small company exemption applied; limited disclosure but compliant.
Industry	Education (Other education not elsewhere classified)	Sector may have delayed revenue streams due to nature of educational services.

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3. Diagnosis

EVOLVE PROGRAM LTD is in its infancy, having operated for just over one year. The financial "vitals" reveal a company that has yet to generate revenue or invest in assets, with no cash inflow and a small amount of short-term liabilities, possibly initial expenses or creditors related to company formation or start-up costs.

The lack of cash and current assets means the company is in a fragile state with "symptoms" of financial distress if it were to face any unexpected expenses. However, the small scale of liabilities and absence of employees suggest it has not yet started full operations or has been deliberately kept lean.

The negligible net assets and shareholder funds (only £1) reflect a very early-stage equity base. The absence of a profit and loss account filing is allowable under exemptions but limits insight into operational performance.

In medical terms, the company is like a patient in the incubation stage — no clear signs of disease but also no evidence of vitality (no cash flow, no assets). It is critically dependent on future capital injection or revenue generation to move beyond this stage.

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4. Recommendations

• Establish Healthy Cash Flow: Prioritize securing initial funding or revenue streams immediately to build cash reserves. Healthy cash flow is essential to avoid insolvency risks.

• Monitor and Manage Liabilities: Keep current liabilities minimal and ensure timely payment to prevent creditor pressure or damage to creditworthiness.

• Develop Operational Activities: Begin or accelerate service delivery in the education sector to generate income and justify capital investments.

• Maintain Compliance: Continue timely filing of accounts and confirmation statements to avoid penalties and maintain corporate credibility.

• Consider Financial Planning: Implement basic budgeting and cash flow forecasting to anticipate funding needs and operational expenditures.

• Explore Funding Options: Given the zero cash and assets, consider equity funding, loans, or grants suitable for start-ups in education.

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