GLOBAL SIMULATION LTD
Executive Summary
GLOBAL SIMULATION LTD is financially healthy in its dormant state with no liabilities and minimal assets. The company demonstrates strong compliance discipline. As a dormant company, it has no operational risks but should ensure ongoing compliance and prepare for any future trading activities accordingly.
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This analysis is opinion only and should not be interpreted as financial advice.
GLOBAL SIMULATION LTD - Analysis Report
Financial Health Assessment of GLOBAL SIMULATION LTD
1. Financial Health Score: A (Excellent)
Explanation:
GLOBAL SIMULATION LTD is currently classified as a dormant company with minimal financial activity and very limited financial data. Dormant status means there are no significant transactions or trading activity. Given this, the "health" of the company is excellent in the context of its current inactivity—it has no liabilities or financial distress signals, and compliance filings are up to date.
2. Key Vital Signs
Metric | Value | Interpretation |
---|---|---|
Company Status | Active / Dormant | Registered and compliant but not trading |
Cash at bank | £100 | Minimal cash, typical for a dormant company |
Net Assets | £100 | Equity matches cash, no liabilities present |
Shareholders’ Funds | £100 | Fully funded by share capital, no retained profits or losses |
Filing Status | Up to date | No overdue accounts or confirmation statements |
Director Control | 1 Director (Ubaid Mussa) | Single controlling stakeholder, clear governance |
Account Category | Dormant | Exempt from audit and detailed reporting; minimal obligations |
3. Diagnosis: What the Financial Data Reveals
The company is in a state of financial dormancy, meaning it is not engaged in active trading or business operations. This is akin to a patient in a stable, resting phase with no symptoms of financial distress or operational activity. The balance sheet is minimal, reflecting only the initial share capital (£100), and the company holds no debts or liabilities.
The absence of trading means there is no revenue, expenses, or profit/loss to consider, which removes typical financial risks associated with operating businesses such as cash flow stress or solvency concerns.
Compliance is healthy: accounts and confirmation statements are filed on time, indicating sound administrative practices and governance.
4. Recommendations: Actions to Improve Financial Wellness
- Monitor Dormant Status: Maintain dormancy status if the company is intended to remain inactive, ensuring continued compliance with filing deadlines to avoid penalties.
- Plan for Activation: If the company plans to start trading, prepare for transition by setting up appropriate accounting systems to capture revenues, expenses, and comply with audit requirements as the company grows.
- Maintain Cash Reserves: Though currently minimal, ensure sufficient cash is available if operational activity begins to prevent liquidity issues.
- Governance Review: With a sole director and controlling shareholder, consider formalizing governance structures if the company expands, to manage operational and regulatory risks.
- Regular Review: Even dormant companies should be periodically reviewed for strategic fit and compliance to avoid inadvertent dissolution or penalties.
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