HARROGATE PROPERTIES LIMITED

Executive Summary

HARROGATE PROPERTIES LIMITED is a newly incorporated dormant property company with a clean balance sheet and no financial distress signals. The company is currently financially stable but inactive, reflecting a nascent stage with no operational transactions. To improve financial health, the company should focus on preparing for operational activities while maintaining compliance and prudent financial management.

HARROGATE PROPERTIES LIMITED - Analysis Report

Company Number: 15009072

Analysis Date: 2025-07-20 17:47 UTC

Financial Health Assessment for HARROGATE PROPERTIES LIMITED

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1. Financial Health Score: Grade A

Explanation:
This company is classified as dormant, with minimal financial activity recorded since incorporation. The balance sheet shows a very modest financial position with cash of £100 and net assets of £100, reflecting the initial share capital. There are no liabilities or operational revenues/expenses. Given this "resting state," the company exhibits a stable but inactive financial condition, warranting a top grade for financial health from a risk perspective—no distress signals or financial strain are evident.

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2. Key Vital Signs

Metric	Value	Interpretation
Company Status	Active	The company is legally operational but currently dormant.
Account Category	Dormant	No significant trading or financial transactions during the period.
Cash at Bank	£100	Minimal cash reflecting initial funding; no operational cash flows.
Net Assets	£100	Equal to share capital; no accumulated profits or losses.
Shareholders’ Funds	£100	Fully backed by equity; no debt or external financing.
Filing Compliance	Up to date	Accounts and confirmation statements filed on time, indicating good governance.
Director	Single director	One director with full control and ownership; no complexity in governance.

Interpretation:

• The "vital signs" resemble those of a patient in a stable resting state — no active symptoms of financial stress or growth.
• Dormant status means the company is currently not generating revenue or incurring expenses, so typical performance metrics like profitability or liquidity ratios are not applicable.
• The clean balance sheet with no liabilities is a positive indicator, showing no financial burden or risk.
• Compliance with filing deadlines indicates responsible management and good corporate governance.

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3. Diagnosis

The company is financially "healthy" but inactive — this is analogous to a patient in remission or rest, with no acute issues but also no active growth or operations. The business has just been established (incorporated July 2023), and the financial data reflects a startup phase with no trading activity yet. The equity base is intact, and there are no debts or expenses recorded.

This state is typical for a newly formed property holding or management company that is awaiting operational commencement or asset acquisition. The governance structure is straightforward with a sole director and sole shareholder, minimizing complexity and risk.

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4. Recommendations

• Prepare for Operational Launch: If the intention is to commence trading or property letting activities, the company should develop a clear operational plan including budgeting, asset acquisition, and marketing strategies.
• Maintain Compliance: Continue timely submission of annual accounts and confirmation statements to avoid penalties and maintain good standing.
• Monitor Cash Flow: Although currently dormant, once operations begin, ensure healthy cash flow management to avoid liquidity distress.
• Consider Financial Planning: Plan for initial capital requirements and potential financing needs to support growth phases.
• Governance Review: With a single director and shareholder, consider establishing appropriate checks and balances as the business grows to mitigate concentration risk.
• Tax and Legal Advice: Engage with advisors to understand tax implications and regulatory requirements as the company transitions from dormancy to active trading.

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