GOVAN GRAVING DOCK COMPANY LIMITED

Executive Summary

GOVAN GRAVING DOCK COMPANY LIMITED is currently dormant with negligible financial activity, reflecting a stable but inactive financial condition. The company meets all compliance requirements but shows no signs of trading or growth. If intended as a holding entity, it is financially healthy; if activation is planned, strategic financial planning is needed to ensure a successful transition to active operations.

GOVAN GRAVING DOCK COMPANY LIMITED - Analysis Report

Company Number: SC704876

Analysis Date: 2025-07-29 16:04 UTC

Financial Health Score: D (Dormant Status with Minimal Financial Activity)
The company’s financial health is currently at a minimal activity level, reflected by its dormant status and negligible financial figures. This grade indicates the company is not operational in a trading or revenue-generating capacity, which is acceptable if intentional but signals no active business vitality.

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Key Vital Signs

Metric	Value	Interpretation
Company Status	Active	The company is registered but dormant (no trading activity).
Account Category	Dormant	No significant financial transactions during the year.
Cash at Bank	£1	Essentially no cash flow; indicates inactivity.
Net Assets	£1	Minimal asset base, typical for dormant companies.
Shareholders’ Funds	£1	Equity is nominal, reflecting no retained earnings or capital.
Control	One PSC owns 75-100%	Company is tightly controlled, no dispersed ownership risk.

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Symptoms Analysis

• Dormant Status: The company shows classic symptoms of a "resting patient" — no business transactions, negligible cash, and net assets stuck at the nominal £1. This means it is neither generating revenue nor incurring expenses.
• Minimal Financial Activity: A single pound in cash and net assets suggests no operational business activity or financial stress.
• Strong Control: The single significant controller with full voting rights and director appointment powers provides governance stability but also means all decisions rest with one entity.
• Compliance Healthy: Filing deadlines for accounts and confirmation statements are met on time, indicating good administrative health and no regulatory distress symptoms.

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Diagnosis

GOVAN GRAVING DOCK COMPANY LIMITED is financially "asleep" — it is a dormant entity with no active trading or financial movement. The absence of cash flow and operating assets means it is not currently contributing to business operations or incurring liabilities. While this is not cause for immediate concern, it also indicates no growth, revenue generation, or operational momentum. The company might be held dormant for future use, asset protection, or strategic purposes.

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Prognosis

If the company remains dormant, its financial health will continue to be stable but inactive, with no growth or income generation. There is no risk of insolvency or distress due to the lack of liabilities or trading. However, if the company plans to commence operations in the future, it will need capital injection, active asset acquisition, and business development to transition from dormancy to operational health.

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Recommendations

1. Clarify Strategic Intent: Confirm if dormancy is intentional (e.g., holding company, asset protection) or if there is a plan to activate operations. Dormant status is suitable for inactive holding but not for active business.
2. Prepare for Activation: If operations will begin, plan capital funding, cash flow forecasting, and asset acquisition to build a healthy financial foundation.
3. Maintain Compliance: Continue timely filing of dormant accounts and confirmation statements to avoid penalties and maintain good regulatory standing.
4. Consider Financial Planning: Even dormant companies benefit from periodic financial reviews to ensure readiness for operational changes and to monitor any emerging liabilities or obligations.
5. Director Oversight: Maintain strong governance oversight despite dormancy to manage potential risks and prepare for future opportunities.

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