FX BEST LTD

Executive Summary

FX BEST LTD is currently a dormant company with no trading activity or financial transactions, reflected in minimal cash and net assets. While legally active and compliant with filings, the company shows no operational financial health indicators, effectively in a state of financial stasis. Moving forward, the company should clarify its strategic intent, maintain compliance, and consider either activation with proper financial controls or dissolution if no activity is planned.

FX BEST LTD - Analysis Report

Company Number: 13952895

Analysis Date: 2025-07-20 14:56 UTC

Financial Health Assessment Report for FX BEST LTD

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1. Financial Health Score:

Grade: F (Dormant/Inactive Financial Performance)
Explanation: FX BEST LTD is classified as a dormant company with virtually no financial activity or trading performance to assess. The company's balance sheet and profit & loss indicators show a static position with nominal net assets and cash, indicating no operating business activity during the periods reviewed. This results in a failing grade from an active operational financial health perspective, though dormancy itself can be a strategic choice rather than an illness.

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2. Key Vital Signs:

Metric	Value (2024)	Interpretation
Cash at Bank	£1	Critically low liquidity—no operating cash flow
Net Assets	£1	No asset growth or retained earnings
Shareholders’ Funds	£1	Equity base remains minimal and unchanged
Account Category	Dormant	Indicates no significant financial transactions or trading activity
Company Status	Active	Legally operational but not trading
PSC Control	Single individual with 75-100% shares & votes (Mr. Adrian Slack)	Ownership and control consolidated

Interpretation:
The "vital signs" of FX BEST LTD indicate a company in a state of financial hibernation. The minimal cash and net assets reflect no commercial operations or financial transactions. The dormant classification confirms no trading activity, so the financial state is neither healthy nor distressed but inactive. The company is legally active with a single controlling owner, suggesting it may be maintained for future use or as a holding vehicle.

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3. Diagnosis:

FX BEST LTD exhibits the "symptoms" of a dormant entity: negligible cash, zero trading activity, and static equity. Dormancy implies the company has not engaged in commercial activity during the financial year, meaning it neither generates revenue nor incurs operational expenses. This "clinical picture" suggests no current financial stress but also no growth or income-generation—essentially financial stasis.

From a business health perspective, this is akin to a patient in deep rest or coma—no active metabolism but no deterioration either. The company is legally compliant, with timely filings and no overdue accounts or penalties, reflecting good governance despite inactivity.

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4. Recommendations:

• Clarify Strategic Intent: Confirm whether FX BEST LTD is intended as a dormant holding company, a future trading vehicle, or awaiting activation. Understanding management's plan will guide further action.
• Maintain Compliance: Continue timely filings to avoid penalties and maintain good standing at Companies House.
• Activate or Close: If no planned future activity exists, consider formal dissolution to reduce administrative burden and costs.
• Prepare for Activation: If the company is to commence trading, prepare to establish financial systems to monitor cash flow, assets, and liabilities actively.
• Monitor Financial Health when Active: Upon activation, regularly review liquidity (cash flow), profitability, and solvency metrics to detect early symptoms of financial distress or success.
• Consider Capital Injection: Dormant companies often have minimal capital. If business plans emerge, consider increasing equity or borrowing to ensure 'healthy circulation' of working capital.

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