FULLA LIMITED

Executive Summary

FULLA LIMITED is a newly incorporated dormant company with minimal financial activity and net assets of £4, reflecting its early stage. While fully compliant with filing requirements and governance, it has not yet commenced trading, limiting assessment of operational financial health. To improve its financial wellness, the company should focus on starting business activities, building working capital, and maintaining regulatory compliance.

FULLA LIMITED - Analysis Report

Company Number: SC787230

Analysis Date: 2025-07-29 12:25 UTC

Financial Health Assessment of FULLA LIMITED

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1. Financial Health Score: D

Explanation:
FULLA LIMITED is currently a dormant private limited company with minimal financial activity and net assets of just £4. The company shows no operational or trading activity, which in itself is not a sign of distress but indicates it has not yet started commercial operations or is temporarily inactive. Given these "vital signs," the company is not yet financially active and thus cannot be rated for operational financial health. The score reflects its dormant status and very limited financial footprint.

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2. Key Vital Signs

Metric	Value	Interpretation
Company Status	Active (Dormant)	The company is registered and compliant but has no trading activity.
Net Assets / Shareholders' Funds	£4	Minimal equity capital; indicates no operational assets or retained earnings.
Turnover & Profit/Loss	Nil (Dormant)	No revenue or expenses recorded, so no cash flow or profitability data available.
Filing Compliance	Up to date	Accounts and returns filed timely; no overdue filings or penalties.
Directors & Control	Two directors with equal shareholding and voting rights	Governance structure is simple and clear; no red flags in control.
Industry Classification	Real estate letting and holiday accommodation	Potentially capital intensive sectors but company is not yet active.

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3. Diagnosis: What the Numbers Reveal

FULLA LIMITED currently presents the financial profile of a "healthy patient" in a state of induced rest—the company is dormant, with no operational cash flow ("no heartbeat" of trading activity). The nominal net assets represent initial share capital only, indicating the company has been recently incorporated (October 2023) and has not yet commenced trading or significant transactions.

While there are no symptoms of financial distress such as negative equity, overdue filings, or director disqualifications, the company's financial health cannot yet be fully assessed for operational viability. The absence of trading means there is no data on profitability, liquidity, or solvency.

The directors’ responsibilities and compliance with filing deadlines suggest good corporate governance "vital signs," but the company remains in the early incubation phase.

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4. Recommendations: Steps to Improve Financial Wellness

• Commence Trading or Strategic Activity: To progress from dormancy, the company should initiate its planned business operations or asset management activities aligned with its SIC codes (real estate letting and holiday accommodation).

• Build Working Capital: As trading begins, focus on establishing positive cash flow ("healthy circulation") to cover operational expenses and avoid liquidity strain.

• Maintain Compliance: Continue timely filing of accounts and confirmation statements to avoid penalties or regulatory scrutiny.

• Monitor Financial Metrics: Once active, regularly track profitability, net current assets (working capital), and solvency ratios to detect early "symptoms" of financial stress.

• Governance & Controls: Maintain clear and transparent control structures; consider formalizing financial policies and internal controls as operations scale.

• Plan for Capital Requirements: Real estate and accommodation sectors can be capital intensive; prepare for potential funding needs through equity or debt to support growth.

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