GREENSKILL ENVIRONMENTAL TECHNOLOGY LIMITED
Executive Summary
GREENSKILL ENVIRONMENTAL TECHNOLOGY LIMITED is financially stable but dormant, with no trading activity or income generation since incorporation. Its financial health score of D reflects minimal assets and inactivity, though compliance and governance are well maintained. To improve financial wellness, the company should consider initiating trading operations, securing capital, and implementing financial planning to transition from dormancy to active business status.
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This analysis is opinion only and should not be interpreted as financial advice.
GREENSKILL ENVIRONMENTAL TECHNOLOGY LIMITED - Analysis Report
Financial Health Assessment of GREENSKILL ENVIRONMENTAL TECHNOLOGY LIMITED
1. Financial Health Score: D
Explanation:
The company is classified as dormant with minimal financial activity and nominal assets. While there are no signs of distress or liabilities, the absence of trading activity and income generation indicates a lack of operational vitality. This score reflects a company that is financially stable in the very short term but currently inactive, which may limit growth potential or sustainability without change.
2. Key Vital Signs
Metric | Value | Interpretation |
---|---|---|
Company Status | Active, Dormant | No operational trading or financial transactions; company is currently live but inactive. |
Current Assets | £10 | Minimal assets, indicating no significant cash or receivables. |
Net Current Assets | £10 | Working capital is positive but negligible; no operational liquidity concerns due to inactivity. |
Shareholders’ Funds | £10 | Equity is minimal, reflecting initial capital only; no retained earnings or reserves. |
Employees | 1 | A single employee (likely the director), consistent with dormancy and limited operations. |
Trading Activity | None | No income or expenditure recorded over multiple years, indicating no business operations. |
Filing Status | Up to date | Accounts and confirmation statement filings are current, which is positive for compliance. |
Ownership Structure | Controlled 100% | Single shareholder with full voting control, simplifying governance but limiting diversity. |
3. Diagnosis: Symptoms Analysis and Overall Financial Condition
Symptoms of Inactivity:
The company’s financials show clear symptoms of dormancy: no revenue, no expenses, and minimal asset base. This is analogous to a patient in a medically induced coma—stable but not functioning actively. The company is not generating cash flow ("healthy cash flow" absent), nor is it incurring liabilities ("symptoms of distress" absent).Financial Stability:
With no liabilities and nominal assets, the company shows no immediate risk of insolvency or financial distress. This can be viewed as a "stable but dormant" state in financial health terms.Operational Viability:
Since the company has not traded since incorporation, it lacks evidence of business viability or growth potential. This is akin to a patient who has not yet begun rehabilitation after injury—potential for recovery exists but is untested.Compliance Health:
The company has maintained up-to-date filings and has complied with accounting and auditing exemptions properly. This reflects good "administrative hygiene" and governance discipline.
4. Prognosis: Future Financial Outlook
Short-Term Outlook:
The company is unlikely to face financial stress imminently due to zero trading activity and negligible liabilities. However, it also has no income or asset growth, making the short-term outlook static.Long-Term Outlook:
Without initiating trading or investment in assets, the company risks becoming obsolete or losing relevance. The dormant state is sustainable only if the business intends to remain inactive or is in preparation for future activity.Potential for Activation:
Should the company decide to commence operations, the current minimal financial base means it will require capital injection, working capital, and operational planning to transition from dormancy to active status.
5. Recommendations for Improving Financial Wellness
Initiate Trading or Strategic Activity:
To move from dormancy to financial health, the company should develop and execute a business plan to generate revenue and profit.Capital Injection:
Consider increasing share capital or securing external funding to provide working capital necessary for operations.Financial Planning and Budgeting:
Establish robust financial controls and cash flow forecasting to avoid future liquidity issues once trading begins.Regular Financial Monitoring:
Even during dormancy, monitor liabilities, filing deadlines, and compliance rigorously to avoid penalties or forced dissolution.Evaluate Market and Business Model:
Given the SIC codes related to engineering design, research, and water treatment, explore market opportunities that align with these sectors to leverage potential growth.Engage with Advisors:
Seek professional guidance for business development, tax planning, and financial structuring to optimize transition to active status.
Medical Analogy Summary
GREENSKILL ENVIRONMENTAL TECHNOLOGY LIMITED currently resembles a patient in a stable but dormant state—no active symptoms of distress (financial distress) but also no signs of vitality (trading activity). While the "vital signs" (compliance, minimal assets) are stable, the company requires intervention in the form of business activation and capital support to regain "financial health" and operational viability.
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