G BURNS REPAIRS LTD
Executive Summary
G BURNS REPAIRS LTD currently exhibits a dormant financial profile with no business activity or cash flow, reflected by minimal assets and share capital. While administratively compliant, the company’s financial health is inactive, akin to a patient in a prolonged state of rest. To improve financial wellness, the company should initiate operations, secure funding, and implement financial management to stimulate growth and vitality.
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This analysis is opinion only and should not be interpreted as financial advice.
G BURNS REPAIRS LTD - Analysis Report
Financial Health Assessment Report for G BURNS REPAIRS LTD
1. Financial Health Score: Grade D
Explanation:
G BURNS REPAIRS LTD is classified as a dormant company with minimal financial activity and negligible assets. The financial data reveals only a nominal share capital of £1 and net assets of £1, indicating no operational business transactions or revenue generation. While the company is compliant with filing requirements and is active legally, the absence of financial activity represents a very low level of financial vitality.
2. Key Vital Signs
Metric | Value (2024) | Interpretation |
---|---|---|
Cash at bank and in hand | £1 | Bare minimum cash, insufficient for operations |
Net Assets | £1 | Indicates no tangible or intangible assets |
Shareholders’ Funds | £1 | Reflects initial share capital only |
Account Category | Dormant | No business activity or transactions |
Filing Status | Up-to-date | No compliance issues |
Interpretation:
The "vital signs" of this company indicate a state analogous to a patient in deep sleep or coma — there is no active metabolic or operational function occurring. The financials show no signs of revenue, expenses, or investment. This suggests the company is essentially inactive in terms of trading or commercial activity.
3. Diagnosis
Underlying Condition: Dormant Status with No Operational Activity
- The company has not engaged in any trading or business transactions since incorporation.
- Cash and assets remain at the initial nominal level, reflecting no operational inflows or outflows.
- No liabilities or debts are reported, indicating no financial distress but also no business engagement.
- Compliance with filing deadlines suggests administrative health is maintained.
- The industry classification (building completion and finishing) is currently theoretical, with no financial activity to support operations in this sector.
Financial Health Summary:
The company’s financial condition is effectively "inactive." There are no symptoms of distress such as debt or losses, but equally, there is no positive financial activity or growth. The financial body is "dormant" without any signs of life in terms of business performance.
4. Recommendations
To improve the financial wellness and transition from dormancy to operational health, consider the following steps:
- Activate Business Operations: Begin trading or delivering services aligned with the company’s SIC code to generate revenue and establish cash flow.
- Capital Injection: If planning to start operations, consider increasing share capital or securing financing to fund initial activities.
- Financial Planning: Develop a budget and cash flow forecast to ensure the company maintains a "healthy cash flow" once operations commence.
- Regular Monitoring: Institute periodic financial reviews to detect "early symptoms" of financial distress, such as cash shortages or increasing liabilities.
- Compliance Maintenance: Continue timely filing of accounts and confirmation statements to avoid penalties and maintain legal good standing.
- Explore Market Opportunities: Conduct market research in the building completion sector to validate business viability and potential revenue streams.
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