Company Number: 14385790

Analysis Date: 2025-07-29 12:24 UTC

Financial Health Assessment for GREENGATE (YORKSHIRE) LTD

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1. Financial Health Score: D (Dormant Status - Minimal Financial Activity)

Explanation: The company is classified as dormant, with minimal financial transactions and negligible assets (net assets and cash balance of £1). This indicates the company has no active trading or operational financial activities, which is typical for a newly incorporated or holding entity. While there is no financial distress, the company does not currently demonstrate operational financial health or growth.

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2. Key Vital Signs

• Company Status: Active, but Dormant (no significant financial transactions)
• Net Assets: £1 consistently over three years (2022, 2023, 2024) — indicates no asset accumulation or operational capital.
• Cash at Bank: £1 consistently — effectively no cash flow or working capital.
• Shareholders’ Funds: £1 — equity is minimal, reflecting no retained earnings or investment beyond initial share capital.
• Filing Compliance: Accounts and confirmation statement up to date, no overdue filings — indicates good compliance “vital sign.”
• Ownership and Control: Single controlling shareholder (Woodberry Secretarial Limited) with 75-100% ownership; director Samantha Crawford with significant control.
• Industry Classification: Real estate letting and operating (SIC 68209) — no operational financial data to assess revenue or profitability.

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3. Diagnosis

The company is effectively in a "financial hibernation" state, showing the symptoms of a dormant business: no trading activity, no revenues, no expenses, and minimal financial transactions. The balance sheet is essentially static, showing only the nominal share capital (£1). This may be a strategic choice by the owners, such as holding property assets off balance sheet, a shell company awaiting activation, or a vehicle for future operations in real estate.

There are no symptoms of financial distress such as liabilities, losses, or cash flow issues, but equally no indications of growth, profitability, or operational health. The company’s current state is neutral from a financial risk perspective but lacks vitality or financial robustness.

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4. Recommendations

• Activate Operations or Clarify Purpose: If the company is intended to be operational, begin recording active transactions and develop cash flow to build financial strength. Dormancy limits financial opportunities and business development.
• Regular Monitoring: Maintain compliance with filing deadlines and ensure the company’s status is regularly reviewed to reflect actual business activities.
• Capital Injection: If future business activities are planned, consider capital investment beyond the nominal £1 to fund operations or asset acquisition.
• Strategic Planning: Develop a business plan aligned with the real estate letting sector to move from dormancy to active trading, leveraging the director's expertise as a property consultant.
• Risk Management: Monitor for any changes in directorship or ownership that may affect control and governance, ensuring transparency and compliance.

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