FLUIDPOWER SHARED SERVICES LIMITED
Company number 05207649 · Monitor this company
This analysis was written by an AI from the company's public filings. It may contain errors or omissions and is not financial or professional advice.
I’ll diagnose the financial health of FLUIDPOWER SHARED SERVICES LIMITED based on the available data. The information is limited (no detailed profit/loss, balance sheet, or cash flow figures), so the assessment focuses on compliance, capital structure, and contextual indicators.
Financial Health Score: B – Satisfactory
Explanation: The company shows strong compliance and a stable capital base, which are positive signs. However, the absence of detailed financial statements prevents a full evaluation of profitability, liquidity, and solvency. The score reflects a “watchful waiting” status—no immediate danger, but a deeper financial check is needed.
Key Vital Signs
| Vital Sign | Reading | Interpretation |
|---|---|---|
| Compliance Status | ✅ All filings up to date (accounts due 30 Sep 2027, confirmation statement due 31 Aug 2027) | No overdue penalties or legal distress – vital signs stable. |
| Share Capital | £96,000 | A healthy equity cushion, indicating the company has a solid capital injection from its parent. |
| Company Status | Active, not in liquidation or administration | No signs of formal insolvency proceedings – the business is still “alive and breathing.” |
| Account Category | Audit Exemption Subsidiary | Suggests the company is small enough (or part of a group) to avoid full audit, but the financial detail is insufficient for a thorough diagnosis. |
| Ownership | 100% owned by Fluidpower Mip Limited (PSC >75%) | A stable parent provides potential financial support, but also means the company’s health is tied to the group’s overall condition. |
| Director Conduct | No disqualification records visible | No past misconduct flags – management appears to be acting in good faith. |
Diagnosis
Overall Condition: Stable but opaque. The company is a holding company (SIC 64204 – activities of distribution holding companies) and a wholly owned subsidiary. It has been active since 2004, with no overdue filings, no liquidation, and no director disqualifications. These are encouraging signs of a well-run entity.
Underlying Risks: - Financial Data Gap: Without turnover, profit, current assets, or liabilities, we cannot calculate: - Current Ratio (liquidity – can it pay short-term debts?) - Debt-to-Equity Ratio (solvency – is it over-leveraged?) - Gross Profit Margin (profitability – is the business earning enough?) - Dependence on Parent: As a holding company, its cash flow likely comes from dividends or intercompany loans. If the parent group faces financial difficulty, this company could be at risk. - Share Capital Only: £96,000 in share capital is a reasonable baseline, but without retained earnings or reserves, the company’s net worth is unknown.
Prognosis: If the parent group remains healthy and the company continues to meet filing deadlines, the outlook is stable. However, a sudden change in group performance or a missed filing could signal underlying distress.
Recommendations
- Obtain a Full Financial Check-Up – Request the latest filed accounts (or management accounts) to assess: - Working capital (current assets – current liabilities) - Profitability (P&L reserve) - Any contingent liabilities (e.g., guarantees to subsidiaries)
- Monitor Group Health – Since the company is a wholly owned subsidiary, review the parent’s financial position (Fluidpower Mip Limited) for any signs of strain.
- Maintain Compliance Rhythm – Continue filing accounts and confirmation statements on time. Even a 1-day delay can trigger penalties and damage credit reputation.
- Consider a Voluntary Audit – An audit (even if exempt) can provide a “health MOT” and reassure stakeholders about the company’s true financial condition.
executiveSummary
FLUIDPOWER SHARED SERVICES LIMITED is in good compliance standing with a stable capital base of £96,000 and no overdue filings or insolvency proceedings. However, the lack of detailed financial statements means its true profitability, liquidity, and solvency remain unverified, making it a “satisfactory but not yet proven” case. The company should obtain a full set of accounts to confirm its financial wellness and monitor the health of its parent group.