FETTL LTD
Executive Summary
FETTL LTD is currently a dormant company with no trading activity or financial transactions, reflected by minimal net assets and share capital. While compliant with filing requirements, the company shows no active business operations, akin to a financial hibernation state. For future financial health, activation of trading, capital investment, and robust financial management are recommended if business activity is intended.
View Full Analysis Report →Company Analysis
This analysis is opinion only and should not be interpreted as financial advice.
FETTL LTD - Analysis Report
Financial Health Assessment Report for FETTL LTD
1. Financial Health Score: Grade F
Explanation:
FETTL LTD is classified as a dormant company with minimal financial activity and virtually no assets or liabilities beyond the nominal share capital (£1). The financial statements confirm no trading or operational activity, and the company's net assets equal the nominal share capital. This represents a state akin to "clinical death" in financial terms — the company is alive legally but shows no signs of business vitality or cash flow to sustain operations or growth.
2. Key Vital Signs
Vital Sign | Value | Interpretation |
---|---|---|
Status | Active | Company is legally active but dormant operationally |
Account Category | Dormant | No significant financial transactions during the year |
Net Assets | £1 | Minimal equity, no operational assets or retained earnings |
Share Capital | £1 | Nominal issued capital, typical for dormant companies |
Financial Activity | None reported | No revenue, no expenses, no trading activity |
Filing Status | Up to date | Compliance with filing deadlines is healthy |
Industry Classification (SIC) | IT services & software | Potentially high-growth sector but no current activity |
Interpretation:
The "vital signs" indicate a company in a state of suspended animation. While legally compliant and active on paper, the absence of operational data or financial transactions is the key symptom of a non-trading entity. The low net assets and lack of working capital indicate no current business operations, cash flow, or financial risk exposure.
3. Diagnosis
FETTL LTD is currently a dormant private limited company, showing no symptoms of business activity or financial operations since incorporation in 2021. The company’s balance sheet consists solely of the nominal share capital with no retained earnings, fixed assets, or liabilities. This is consistent with companies that have been set up but not yet activated for trading or have been intentionally kept inactive.
Key diagnostic points:
- Dormant status: No commercial transactions or economic activity during the period.
- Minimal balance sheet: Only £1 in share capital, no assets or liabilities.
- Compliance: While dormant, the company remains compliant with Companies House filing requirements.
- Potential: The SIC codes indicate a business intended for IT consultancy and software development, but the absence of trading suggests no current market engagement or revenue generation.
This condition can be compared to a patient in remission or a hibernating state — not actively growing or generating cash flow but legally maintained for potential future activity or protection of a business name.
4. Recommendations
To improve financial wellness and move from dormancy toward a healthy operational status, consider the following:
If the intention is to begin trading:
- Activate operations: Begin generating revenue by engaging clients or launching services as per the IT and software development activities.
- Capital injection: Consider additional investment to support initial operating expenses and working capital requirements.
- Financial record-keeping: Maintain detailed accounting records to track cash flow, expenses, and revenues as trading commences.
- Cash flow management: Prioritize establishing healthy cash flow cycles to ensure sustainability and avoid liquidity distress.
- Strategic planning: Develop a clear business plan outlining growth targets, funding needs, and operational milestones.
If dormancy is intentional:
- Maintain compliance: Continue to file dormant accounts and confirmation statements timely to avoid penalties.
- Monitor regulatory changes: Stay alert to any changes in Companies House requirements or tax regulations affecting dormant companies.
- Plan review: Periodically reassess the purpose of maintaining the company to ensure it aligns with your strategic goals (e.g., holding assets, protecting a brand).
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