FLASH 24 PROPERTIES LTD
Executive Summary
FLASH 24 PROPERTIES LTD is currently dormant with no significant financial activity, reflecting a stable but inactive financial state. While compliance is maintained, the company shows no operational vitality or cash flow, limiting financial health insights. To improve, the company should clarify business plans and consider reactivation with adequate financial resources.
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This analysis is opinion only and should not be interpreted as financial advice.
FLASH 24 PROPERTIES LTD - Analysis Report
Financial Health Score: D (Dormant with minimal activity)
Explanation: The company is classified as dormant, showing virtually no financial activity or transactions beyond the initial share capital. This indicates an extremely limited business operation, with no current revenue or expenses, making it impossible to assess operational financial health. The score reflects a state of financial inactivity rather than active health or distress.
Key Vital Signs
Metric | Value | Interpretation |
---|---|---|
Company Status | Active | Company is registered and not in liquidation or administration. |
Account Category | Dormant | No significant financial transactions during the year. |
Cash | £1 | Minimal cash, indicating no operating cash flow. |
Net Assets | £1 | Reflects only initial share capital; no retained earnings or assets. |
Shareholders Funds | £1 | Equity solely from initial share capital; no accumulated profits. |
Filing Status | Up to date | No overdue accounts or confirmation statements. |
Director | Single director | Full control by one individual, with 75-100% ownership and control. |
Symptoms Analysis
- Dormant Status: The company has not engaged in business activities, reflected by unchanged cash and net asset values of £1 year-over-year. This suggests no revenue generation, no expenses incurred, and no assets or liabilities beyond the nominal share capital.
- Minimal Financial Movement: Absence of transactions means no operational data is available to analyse profitability, liquidity, or solvency.
- Single Controller: Complete control by one director/shareholder can be efficient but also concentrates risk.
- Compliance: Up-to-date filings and accounts indicate the company is meeting statutory obligations despite inactivity.
Diagnosis
The company is in a state of financial hibernation, showing no signs of active business operations. This "dormant" condition is akin to a patient in a medically induced coma — stable but inactive. There are no symptoms of financial distress, but equally, no vitality or growth indicators. The company’s financial health cannot be assessed on traditional performance metrics like profitability or cash flow because these are effectively non-existent.
Prognosis
- Short-term: The company will likely remain stable if it maintains its dormant status, with negligible risk of insolvency due to absence of liabilities.
- Long-term: Without initiating business activities or generating cash flow, the company risks becoming obsolete or dissolved if not reactivated.
- Opportunities: Reactivating the company by commencing trading or asset acquisition will allow more meaningful financial health assessment and growth potential.
Recommendations
- Evaluate Intentions: Clarify the purpose of maintaining a dormant company. If it is a holding vehicle or for future projects, ensure proper record-keeping and minimal carrying costs.
- Plan Reactivation: If business operations are planned, prepare for an influx of transactions, capital investment, and operational expenses. This will require robust financial planning.
- Monitor Compliance: Continue timely filing of dormant accounts and confirmation statements to avoid penalties or risk of strike-off.
- Consider Financial Reserves: If business activity begins, establish adequate working capital to ensure "healthy cash flow" and operational flexibility.
- Review Control Structure: While a single director/shareholder is common in micro companies, consider governance structures if the business scales.
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