GO STRAIGHT ALIGNMENT & BALANCING SERVICES LTD
Executive Summary
GO STRAIGHT ALIGNMENT & BALANCING SERVICES LTD is currently dormant with no trading activity or financial transactions, reflected in minimal net assets and nominal equity. The company is administratively compliant but inactive financially, representing a stable but non-operational entity. For future financial health, the company must decide on activating trading operations supported by capital and a clear business plan.
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This analysis is opinion only and should not be interpreted as financial advice.
GO STRAIGHT ALIGNMENT & BALANCING SERVICES LTD - Analysis Report
Financial Health Score: F (Dormant Company – No Trading Activity)
Explanation: The company is classified as dormant, showing virtually no financial activity, assets, or liabilities. The minimal net assets of £1 represent the nominal share capital only. This indicates no operational financial health to assess, as the company has not engaged in trading or business transactions.
Key Vital Signs
Metric | Value | Interpretation |
---|---|---|
Status | Active | Company is registered and legally operating |
Account Category | Dormant | No significant financial transactions during the year |
Net Assets | £1 | Nominal share capital only, no assets or retained earnings |
Shareholders Funds | £1 | Equity equals nominal capital, no profits or reserves |
Current Assets | £1 (2023) | Minimal cash or receivables, consistent with dormant status |
Debtors | £1 (2023) | Nominal amount, no meaningful receivables |
Overdue Filings | No | Compliance with filing deadlines, positive governance sign |
Industry SIC Code | 45200 | Maintenance and repair of motor vehicles (no trading recorded) |
Symptoms Analysis
- Dormant Status: The company has filed dormant accounts, indicating no trading activity, sales, or expenses. This is a symptom of a company not currently engaged in business operations.
- Minimal Net Assets: The net assets and shareholders' funds remain at £1 across all reported years, showing no growth, investment, or retained earnings.
- Lack of Revenue Streams: No income or profit figures reported; no operational cash flow means the company is not generating or using funds.
- Compliance is Healthy: Despite dormancy, timely filing of accounts and confirmation statements reflects good administrative discipline.
- No Financial Risks or Liabilities: The absence of liabilities or debts means no financial distress symptoms are present, but also no business activity to generate value.
Diagnosis
The company is in a financial coma state—registered and compliant but without active financial life signs such as trading, revenue, or investment. This dormant status implies that the company is either awaiting future activation, holding a legal entity for potential projects, or temporarily inactive. There are no symptoms of financial distress or insolvency—merely absence of financial engagement.
Prognosis
If the company remains dormant without initiating trading activities, the financial condition will remain static with minimal net assets and no operational cash flow. This status is sustainable administratively but does not create value or growth. Activation into trading would require capital infusion, business planning, and operational expenditure to transition from dormancy to active financial health.
Recommendations
- Assess Business Intentions: Confirm whether dormancy is strategic (e.g., holding company) or temporary. Decide if and when to commence trading activities.
- Prepare a Business Plan: For activation, establish clear revenue models, investment needs, and cash flow forecasts to ensure healthy financial operations.
- Maintain Compliance: Continue timely filing to avoid penalties and maintain good standing.
- Capital Injection: Consider increasing share capital or securing funding if planning to start operations to ensure sufficient working capital.
- Monitor Industry Opportunities: Given SIC code 45200 (vehicle maintenance/repair), evaluate market demand and competitive positioning before reactivation.
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