HEALTH BACK ON TRACK LIMITED

Executive Summary

Health Back on Track Limited is a recently incorporated dormant company with negligible financial resources and no trading history. While regulatory compliance is satisfactory, the absence of operational activity and limited liquidity present a high risk profile for potential investors. Further due diligence is required on the company's business plans and funding sources before considering investment.

HEALTH BACK ON TRACK LIMITED - Analysis Report

Company Number: 14673963

Analysis Date: 2025-07-29 15:07 UTC

1. Risk Rating: HIGH
   Justification: The company is newly incorporated (Feb 2023), currently dormant with minimal assets (£100 cash), no trading activity or employees, and no financial history beyond initial setup. It shows no operating revenue or profit and negligible working capital, indicating an absence of operational cash flow and business activity.

2. Key Concerns:

• Solvency Risk: With only £100 cash and no current liabilities reported, solvency risk is low for now, but the company has no income or assets to cover future obligations once trading commences.
• Liquidity Concerns: Extremely limited liquidity (only £100 cash) and no evidence of receivables or current assets beyond cash. This raises concerns about ability to finance operations or meet short-term expenses if trading starts.
• Operational Stability: Dormant status and no employees indicate no ongoing business activities. Lack of financial performance data makes it impossible to assess sustainability or business model viability.

3. Positive Indicators:

• Compliance: The company is active and filings (accounts and confirmation statements) are up to date and not overdue, indicating good regulatory compliance and governance to date.
• Clear Ownership and Control: The two directors and controlling shareholders are clearly identified with no adverse information noted. This transparency reduces governance risk.
• Small initial capital investment (£100 share capital) limits initial exposure.

4. Due Diligence Notes:

• Investigate business plan, source of future funding, and timeline for commencement of trading to assess feasibility and financial backing.
• Confirm absence of contingent liabilities or off-balance sheet obligations that could impact financial stability.
• Monitor future filings for any changes in financial position, trading activity, or director changes.
• Evaluate background and track record of directors for capability to execute planned business operations.
• Verify any related party transactions or loans not reflected in dormant accounts.