FAIRHURST AUDIT SERVICES LTD

Executive Summary

FAIRHURST AUDIT SERVICES LTD currently holds a dormant financial status with minimal activity and a small capital base, reflecting its startup phase. The company shows no signs of financial distress but has yet to activate business operations that would generate meaningful financial data. With strong professional governance in place, the company is well-positioned to commence trading and establish financial health through active cash flow management and operational controls.

FAIRHURST AUDIT SERVICES LTD - Analysis Report

Company Number: 14719591

Analysis Date: 2025-07-29 20:49 UTC

Financial Health Assessment: FAIRHURST AUDIT SERVICES LTD

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1. Financial Health Score: Grade C

Explanation:
FAIRHURST AUDIT SERVICES LTD is a newly incorporated dormant private limited company with minimal financial activity to date. The financial health score "C" reflects a neutral status—there are no immediate risks or distress signals, but the company has yet to demonstrate operating financial vitality or generate financial data that would indicate business momentum or cash flow health. The company is essentially in a "pre-operational" or "hibernation" state.

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2. Key Vital Signs

Metric	Value	Interpretation
Company Status	Active	Company is registered and operational
Account Category	Dormant	No significant financial transactions during the year
Net Assets	£75	Minimal net asset base, reflecting nominal share capital
Share Capital	£79	Small issued share capital, typical for new companies
Directors	6 (including 2 Chartered Accountants)	Strong professional oversight, but no financial activity yet
Significant Control	Fairhurst Accountants Ltd (75-100% shares)	Controlled by a related entity, indicating a holding structure
Filing Compliance	Up to date	No overdue filings; good compliance health

Interpretation:

• The "dormant" status means the company has not traded or had transactions beyond share capital investment.
• Net assets and shareholder funds are minimal and essentially represent the initial share capital injection.
• The presence of qualified chartered accountants as directors is a positive sign for governance and future financial management.
• Ownership by Fairhurst Accountants Ltd suggests this company may be a subsidiary or special purpose vehicle.
• Filing deadlines are being met timely which indicates good administrative discipline.

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3. Diagnosis: Financial Health and Business Condition

The company is in a state of financial "quiescence" akin to a patient in remission or pre-activation. The dormant accounts confirm that there have been no income or expenses beyond the share capital. This means there are no immediate financial risks—no liabilities, no cash flow stresses, no operational losses or profits.

The "symptoms" of this financial condition are:

• No operating activity: The company has not begun trading or conducting business that generates revenues or expenses.
• Minimal capital: The financial base is limited to issued shares, indicating startup phase or holding structure.
• Governance readiness: The appointment of multiple directors, including experienced accountants, suggests readiness for future operations.
• Controlled structure: Ownership by a parent company signals strategic control but no independent business yet.

In medical terms, the company is like a patient who has just undergone initial evaluation but has not yet begun treatment. The financial "vitals" are stable but untested.

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4. Recommendations: Steps to Improve Financial Wellness

To transition from dormant to financially healthy operational status, the company should consider the following actions:

1. Initiate Business Activity:

   • Begin trading or operational activities to generate revenues and build working capital.
   • This will provide "healthy cash flow" signals critical to financial vitality.

2. Establish Financial Controls and Reporting:

   • Set up proper accounting systems to monitor income, expenses, assets, and liabilities as business commences.
   • Regular management accounts will help detect early financial "symptoms" of distress or success.

3. Leverage Director Expertise:

   • Utilize the knowledge of appointed chartered accountants to build robust financial governance and compliance frameworks.
   • Engage in strategic planning to define financial goals and risk management.

4. Capital Planning:

   • Assess whether additional funding or capital injection is needed to support initial operations.
   • Maintain sufficient liquidity to avoid cash flow problems during early trading.

5. Continued Compliance:

   • Maintain discipline on filing deadlines and statutory requirements to avoid penalties and reputational risks.

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