FLIPWATER PROPERTY LTD

Executive Summary

FLIPWATER PROPERTY LTD currently operates as a dormant entity with nominal financial activity, reflected in its minimal assets and equity. While there are no signs of financial distress, the company remains in a holding pattern with no operating cash flow or revenue. To improve its financial health, the company should focus on activating business operations and building working capital to transition into an active, financially sustainable business.

FLIPWATER PROPERTY LTD - Analysis Report

Company Number: 14629468

Analysis Date: 2025-07-29 15:05 UTC

Financial Health Assessment for FLIPWATER PROPERTY LTD

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1. Financial Health Score: D

Explanation:
FLIPWATER PROPERTY LTD is currently classified as a dormant company with minimal financial activity. The company's financial statements show a singular £1 in cash and net assets, reflecting the initial share capital. This score reflects a "baseline" or "holding pattern" status rather than active financial health or distress.

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2. Key Vital Signs

Metric	Value	Interpretation
Company Status	Active	The company is legally active but dormant operationally.
Account Category	Dormant	No significant trading or financial transactions during the year.
Cash at bank	£1	Virtually no liquidity or operating cash flow.
Net Assets	£1	Equity limited to initial share capital; no retained earnings.
Shareholders' Funds	£1	Reflects minimal investment; no profitability or reserves.
Director Control	100% by Mr. Hemal	Single individual maintains full control and ownership.
Industry SIC Codes	68209, 68201	Real estate letting/operating activities, but currently inactive.

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3. Diagnosis

The company is in a state akin to a patient in "hibernation" or "quiescence" — legally alive but with no active financial operations or cash flow. The dormant status indicates the company has not engaged in trading or significant financial transactions during the reported period. The financial "vital signs" are minimal with only the initial £1 share capital recorded as assets and equity.

From a financial health perspective, this means:

• No revenue generation or expenses: The company is not currently contributing to or drawing from the market.
• No operational risk: Without active liabilities or operations, financial distress symptoms (like liquidity crunch or insolvency) are absent.
• Limited financial history: The lack of activity limits any meaningful assessment of profitability, cash flow health, or debt management.
• Control and governance: Full control by a single director/shareholder means decisions can be swift but also places all governance responsibility on one individual.

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4. Recommendations

To transition from dormancy to a healthier, operational state, the company should consider:

• Activate business operations: Begin generating revenue streams aligned with the company’s real estate objectives.
• Establish working capital: Build cash reserves beyond the nominal £1 to support operational expenses and growth.
• Prepare financial forecasts: Develop budgets and cash flow projections to monitor financial health proactively.
• Maintain compliance: Continue timely filing of dormant accounts until activation to avoid penalties.
• Consider professional advice: Engage with accounting and legal professionals to structure operations and financial reporting as the business scales.
• Monitor governance: Even in dormancy, maintain proper records and oversight to safeguard future financial wellness.

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