HAVYATT MANOR LTD
Company number 07170418 · Monitor this company
This analysis was written by an AI from the company's public filings. It may contain errors or omissions and is not financial or professional advice.
Financial Health Assessment: HAVYATT MANOR LTD
1. Financial Health Score: F
Explanation: This company is in critical condition and effectively comatose. The financial pulse has been flatlining for a decade, with identical balance sheet figures from 2016 to 2025. The company has ceased trading, is subject to a proposal to strike off, and possesses negligible net worth of just £2. This is a terminal case – the corporate equivalent of a patient who has been pronounced but the paperwork hasn't been completed.
2. Key Vital Signs
| Vital Sign | Reading | Interpretation |
|---|---|---|
| Shareholders' Funds | £2 | Critically anaemic – equals only the original share capital, meaning zero retained profit has ever accumulated |
| Total Assets | £51,904 | Modest asset base, entirely current assets with no fixed assets |
| Total Liabilities | £51,902 | Liabilities virtually swallow assets whole – a debt-to-asset ratio of 99.996% |
| Net Current Assets | £2 | Working capital is effectively non-existent |
| Employees | NIL | No workforce – the business has no operational pulse |
| Trading Status | No longer trading | Confirmed cessation of operations in filed accounts |
| Company Status | Active – Proposal to Strike Off | Formal dissolution process initiated |
| Confirmation Statement | OVERDUE | Compliance failure – a symptom of administrative neglect |
| Financial Stability (10-year trend) | Zero movement | Balance sheet figures unchanged for a decade – financial stagnation |
3. Diagnosis
Primary Condition: Corporate Dormancy with Pending Dissolution
The financial data reveals a company that has been in a persistent vegetative state for at least 10 years. The balance sheet has not moved a single penny between 2016 and 2025 – total assets of £51,904, liabilities of £51,902, and shareholders' funds of £2 remain frozen. This is the corporate equivalent of a flatlined ECG.
Underlying Symptoms:
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Zero Equity Cushion: With shareholders' funds of just £2 against £51,902 in liabilities, the company has absolutely no buffer against any adverse event. Even a minor creditor demand would render the company technically insolvent.
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Cessation of Trade: The filed accounts explicitly confirm the company "No Longer Trades But Traded In Past" (SIC code 55100 – Hotels and similar accommodation suggests this was once a hospitality business). The business has no revenue stream, no employees, and no operations.
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Static Balance Sheet Anomaly: Identical figures across a decade is highly unusual. This likely indicates: - The company holds a static asset (possibly a loan or deposit) matched by an offsetting liability - No trading activity is generating any change - Micro-entity filing requirements allow minimal disclosure, so detail is opaque
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Compliance Deterioration: The overdue confirmation statement signals that the directors are not maintaining basic statutory obligations – a classic symptom of a company being allowed to wither.
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Strike-Off Proceedings: The "Proposal to Strike Off" status confirms that a formal application has been made to dissolve the company. This is typically initiated when a company is no longer needed.
Assessment of Financial Viability: NON-EXISTENT
This company has no operating business, no working capital, no employees, and no realistic prospect of generating income. It exists only as a legal shell with offsetting assets and liabilities on its balance sheet.
4. Recommendations
Immediate Actions Required:
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Complete the Dissolution Process: The strike-off proposal is the correct course of action. Ensure all outstanding filings (including the overdue confirmation statement) are brought up to date so the dissolution can proceed without complication. A strike-off can be suspended if statutory documents are overdue.
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Settle or Address the £51,902 Liability: Before dissolution, directors must ensure all creditors are properly dealt with. If the liability is owed to the directors themselves (which is common in such structures), this should be formally documented and released as part of the winding-up.
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Resolve the Asset Position: The £51,904 in current assets must be identified and either distributed or realised. If these are inter-company balances or director loans, they should be formally settled before dissolution.
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Director Responsibilities: Directors Roger Malcolm Smith and Vanessa Louise Wright should be aware that: - They remain legally responsible for the company until dissolution is complete - Any unpaid liabilities could potentially fall to them personally if the company is dissolved without proper arrangement - The overdue confirmation statement should be filed immediately to avoid penalties or objections to the strike-off
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Do Not Attempt Resuscitation: This business should not be revived. With no trading activity, no employees, and a decade of financial stasis, attempting to restart operations would require significant capital injection with no established revenue base. The hospitality market this company once served has moved on.
Prognosis
Terminal. The company is in the final stages of corporate life. The strike-off process is the appropriate mechanism for orderly closure. The only uncertainty is whether the dissolution will proceed smoothly or encounter objections from creditors. Given the minimal net asset position (£2), there is no financial reason for any party to object.
The directors should focus on completing the administrative closure cleanly rather than allowing the company to linger in its current state of suspended animation, which carries ongoing compliance obligations and potential personal liability risks.