FREESYNC LTD

Executive Summary

FREESYNC LTD is a dormant private limited company exhibiting stable but minimal financial activity, with positive net assets and no liabilities, indicating a sound financial baseline. The company is compliant with filing requirements and controlled by a single director/owner, suggesting centralized governance. Maintaining compliance and clarifying future operational plans are key to sustaining its financial health and preparing for potential reactivation.

FREESYNC LTD - Analysis Report

Company Number: 13970619

Analysis Date: 2025-07-29 16:30 UTC

Financial Health Assessment for FREESYNC LTD

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1. Financial Health Score:

Grade: A (Excellent)
Explanation: FREESYNC LTD is classified as a dormant company with minimal financial activity, showing stable but minimal financial indicators. The company maintains positive net assets and cash balances, with no liabilities reported. This indicates a clean financial slate and no signs of distress or operational strain.

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2. Key Vital Signs:

Metric	Value	Interpretation
Status	Active	Company is currently operational on paper
Account Category	Dormant	No significant financial transactions or trading
Cash at bank	£100	Nominal cash balance, consistent over 3 years
Net Assets	£100	Positive equity, no debts or liabilities
Shareholders Funds	£100	Reflects initial share capital, no accumulated P&L
Filing Status	Up to date	No overdue accounts or confirmation statements
Director Control	Single PSC	100% ownership/control by one director

Interpretation: The company exhibits the "symptoms" of dormancy—a state akin to a patient in a stable but inactive condition. There is no operational cash flow or liabilities to cause distress, but also no active trading or growth metrics to measure.

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3. Diagnosis:

• Dormant Condition: FREESYNC LTD is classified as dormant under Companies Act 2006, indicating no significant business activity or financial transactions in the assessed period. This is common for companies held as shell entities, those preparing for future operations, or simply maintaining legal presence.

• Financial Stability: The company's balance sheet is straightforward, showing no liabilities and positive net assets equal to the issued share capital. This suggests no financial "symptoms" such as debts or cash flow issues.

• Governance and Control: The sole director and person with significant control (PSC) is the same individual, indicating centralized decision-making, which can simplify governance but also concentrates risks if not managed carefully.

• Risk Factors: Dormant companies face risks related to loss of business momentum, regulatory compliance (timely filings), and potential challenges in reactivating operations. However, currently, no warning signs such as overdue filings or negative equity are present.

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4. Recommendations:

• Maintain Compliance Vigilance: Continue ensuring all filings (accounts, confirmation statements) are submitted timely to avoid penalties or administrative dissolution.

• Evaluate Future Plans: Since the company is dormant, clarify the strategic intent (e.g., reactivation, sale, or prolonged dormancy). This will inform financial planning and potential funding needs.

• Prepare for Reactivation: If planning to resume trading, begin preparing operational and financial infrastructure to support healthy cash flow and working capital management.

• Monitor Director and Control Risks: Given the single director and PSC, consider governance best practices, including potential appointment of additional directors or advisors to diversify oversight.

• Cash Management: Although the current cash balance is nominal, ensure any future transactions are properly recorded and managed to maintain "healthy cash flow" once operations begin.

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