GRANT HEALTH CLINICS LTD
Executive Summary
GRANT HEALTH CLINICS LTD exhibits minimal financial activity with net assets stuck at £3 over five years, indicating a non-operational or dormant state despite active registration. The company lacks liquidity, asset base, and operational scale, signaling a severe deficiency in financial health. Immediate review of business purpose and operational status is recommended to determine future viability or formal dormancy.
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This analysis is opinion only and should not be interpreted as financial advice.
GRANT HEALTH CLINICS LTD - Analysis Report
Financial Health Assessment Report: GRANT HEALTH CLINICS LTD
1. Financial Health Score:
Grade: F
Explanation:
The company shows extremely minimal financial activity with total net assets and current assets consistently at £3 over the last five years, which is effectively negligible. This lack of meaningful financial data or operational scale indicates a severely compromised financial vitality, akin to a patient exhibiting symptoms of profound weakness or near dormancy.
2. Key Vital Signs:
Metric | 2020 - 2024 (Consistent) | Interpretation |
---|---|---|
Current Assets | £3 | Critically low liquidity; no meaningful cash or receivables. |
Net Current Assets | £3 | Insignificant working capital; inability to cover short-term obligations. |
Total Assets Less Liabilities | £3 | No net value beyond minimal assets; company is barely solvent. |
Net Assets / Shareholders' Funds | £3 | Equity base is negligible, suggesting no retained earnings or capital infusion. |
Number of Employees | 2 | Very small workforce, minimal operational scale. |
Additional Observations:
- The business is classified as a Micro-entity with very limited filing requirements, which often correlates with minimal operational or financial complexity.
- The SIC code 68209 relates to "Other letting and operating of own or leased real estate," but no meaningful asset base or income is reflected.
- Consistent identical figures over five years strongly suggest inactivity or non-trading status despite being marked active.
3. Diagnosis:
GRANT HEALTH CLINICS LTD presents with what in financial terms can be described as a "flatline"—the company’s financials show no growth, no operational cash flows, and virtually no assets or liabilities. This could indicate the company is dormant in practice, despite its "Active" status. The company’s balance sheet is effectively symbolic, showing a trivial sum of £3 net assets over five years without variation. It lacks the vital signs of a healthy business such as working capital, tangible or intangible assets, or profit reserves.
This symptom pattern suggests the company may be in a state of financial inertia or possibly minimal compliance maintenance without substantive business activity. There is no indication of financial distress in the sense of losses or liabilities exceeding assets, but rather a complete absence of operational substance.
4. Recommendations:
- Confirm Operational Status: Verify whether the company is truly trading or holding assets. If dormant, consider formal dormant status registration to reduce compliance burden.
- Financial Injection or Business Activity: To revive financial health, the company needs capital investment or start/grow trading activities to build cash flow and asset base.
- Review Business Model: Given the SIC code related to property letting, assess if real estate holdings exist and whether these are properly recorded or if the business model requires restructuring.
- Compliance Maintenance: Continue timely filing of accounts and confirmation statements to avoid penalties, but consider if ongoing existence without trading serves strategic purposes.
- Seek Professional Advice: For strategic turnaround or closure options, consulting with a financial advisor or insolvency practitioner is prudent.
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