HARRINGTONS HOUSING CONSULTANCY LTD
Executive Summary
HARRINGTONS HOUSING CONSULTANCY LTD currently shows no financial activity or assets, reflecting a micro-entity in early or dormant stage with no trading recorded since incorporation in 2021. While statutory compliance is maintained, the absence of financial transactions signals a need to commence revenue-generating operations and build capital. Focused efforts on initiating business activities and securing working capital will be essential to improve financial health and ensure sustainable growth.
View Full Analysis Report →Company Analysis
This analysis is opinion only and should not be interpreted as financial advice.
HARRINGTONS HOUSING CONSULTANCY LTD - Analysis Report
Financial Health Assessment Report for HARRINGTONS HOUSING CONSULTANCY LTD
1. Financial Health Score: D
Explanation:
The company’s financial health is currently weak as evidenced by zero reported assets, liabilities, and equity over multiple years, indicating inactivity or lack of financial transactions. While this avoids insolvency risks, it also signals no operational trading or investment activity, which is a symptom of dormant or very early-stage business status. The absence of financial movement translates into a low financial health grade.
2. Key Vital Signs
Metric | Observation | Interpretation |
---|---|---|
Fixed Assets | £0 | No long-term assets; no capital investment |
Current Assets | £0 | No cash, receivables, or stocks; suggests no trading |
Current Liabilities | £0 | No short-term debts; no financial obligations |
Net Current Assets | £0 | Neutral working capital; no liquidity concerns |
Net Assets / Shareholders Funds | £0 | No equity or retained earnings; no net worth |
Share Capital | £1 | Minimal initial capital; typical for micro-entity |
Employees | 1 | Single person operation; very small scale |
Status | Active | Company is legally active and compliant |
Filing Timeliness | Up to date | No overdue filings; good compliance |
Interpretation:
- The financial statements reveal a "flatline" scenario: the company holds no assets or liabilities and shows no financial activity from incorporation in 2021 through to 2024.
- No cash inflows or outflows detected, which resembles a business in a dormant or pre-revenue stage, despite being marked as active.
- A single employee (likely the director) indicates a sole proprietorship style operation without expansion or operational complexity.
- Compliance with filing deadlines is a positive sign, indicating good administrative health despite financial inactivity.
3. Diagnosis
Overall Financial Condition:
The company is in a fragile but stable condition resembling a patient with no vital signs of active business metabolism. Without assets, liabilities, or profits, the firm is neither generating revenue nor incurring debts, thus presenting no immediate financial distress but also no growth or operational momentum. This status is common for newly incorporated micro-entities not yet trading or generating income.
Symptoms of Distress Noted:
- Absence of any financial transactions or asset holdings over 3 years since incorporation.
- Zero net assets and shareholders’ funds imply lack of investment and financial buffer.
- No cash reserves to support operations or absorb shocks.
Positive Signs:
- Up-to-date statutory filings reflect good governance discipline, reducing legal risk.
- Single director with full control may enable quick decision-making and flexibility.
4. Recommendations
To Improve Financial Wellness:
Activate Trading or Revenue Generation:
Initiate business activities generating cash inflows to develop healthy cash flow and build asset base. This is critical to transition from dormant to operational status.Build Capital Reserves:
Consider increasing share capital or securing external funding to provide working capital and support initial business operations without liquidity stress.Maintain Compliance and Record-Keeping:
Continue timely filings and maintain thorough accounting records, especially upon commencing trading, to avoid regulatory penalties.Strategic Planning and Budgeting:
Develop a clear business plan with financial projections to guide the company from start-up phase to sustainable operations.Monitor Financial Vital Signs Regularly:
Once trading, track key metrics—cash flow, profitability, current ratios—to diagnose business health early and take corrective action as needed.
More Company Information
Recently Viewed
Follow Company
- Receive an alert email on changes to financial status
- Early indications of liquidity problems
- Warns when company reporting is overdue
- Free service, no spam emails Follow this company