IFIBRE LIMITED
Executive Summary
IFIBRE LIMITED is currently a dormant private limited company with minimal financial activity and nominal assets. Its financial health is stable but inactive, showing no operational signs or financial distress. To enhance future prospects, the company should consider activating business operations or, alternatively, plan for formal dissolution if dormancy continues.
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This analysis is opinion only and should not be interpreted as financial advice.
IFIBRE LIMITED - Analysis Report
Financial Health Assessment Report for IFIBRE LIMITED
1. Financial Health Score: Grade D
Explanation:
IFIBRE LIMITED is classified as a dormant company with minimal financial activity since incorporation in 2021. The company maintains a nominal cash balance of £10 and net assets of £10 consistently over four years. The lack of operational transactions or revenues indicates no active business operations, resulting in a financial health score of D. The company is essentially in a "financial coma" state—alive legally but showing no signs of active business vitality.
2. Key Vital Signs
Metric | Value (2024) | Interpretation |
---|---|---|
Cash | £10 | Minimal cash on hand; no working capital to support operations. |
Net Assets | £10 | Very low net asset base; reflects only share capital. |
Shareholders’ Funds | £10 | No retained earnings or reserves, consistent with dormancy. |
Account Status | Dormant | No commercial activity reported; exempt from audit. |
Filing Compliance | Up to date | Accounts and returns are filed on time; no overdue filings. |
Directors | Single director | Director is active with no disqualifications recorded. |
Interpretation:
The company’s financials show no operational activity, with static figures at the minimal statutory level. The "vital signs" here indicate a company in stasis, with no inflow or outflow of funds, no assets beyond nominal share capital, and no liabilities. This is typical for a dormant company which may be held for future use, protection of a trading name, or as a shell entity.
3. Diagnosis
IFIBRE LIMITED currently exhibits the financial condition of a dormant entity. The "symptoms" include:
- No commercial transactions or revenue generation during the reported periods.
- Constant minimal cash and net asset values.
- No accrual of liabilities or assets beyond the initial share capital.
- Compliance with statutory filing requirements, indicating good administrative health.
- No financial distress signs such as debts, losses, or negative equity.
The company’s financial health is stable but inactive. It is neither generating profits nor incurring losses, placing it in a neutral but inactive zone. This condition is akin to a patient in remission or under observation without active symptoms.
4. Recommendations
To improve IFIBRE LIMITED’s financial wellness and avoid future risks associated with dormancy:
- Activate Trading Operations: If the intention is to develop a business, initiate commercial activities to generate revenue and build working capital.
- Regular Financial Reviews: Even if dormant, review company status annually to assess if maintaining dormancy is strategic or if dissolution/liquidation should be considered.
- Maintain Compliance: Continue timely filing of dormant accounts and confirmation statements to avoid penalties.
- Assess Future Business Plans: Clarify strategic intentions for the company—whether it will remain dormant as a holding entity or transition to active trading.
- Consider Capital Injection: If planning to trade, ensure adequate capital investment to support startup activities and avoid cash flow distress.
- Monitor Director Responsibilities: Ensure the director is fully aware of compliance duties and the implications of dormant status.
If the company remains dormant long-term without plans for activation, consider formal dissolution to reduce administrative burdens and costs.
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