IHDA LIMITED
Executive Summary
IHDA LIMITED is currently a dormant company with minimal financial activity, reflected by nominal net assets and cash. While not facing financial distress, it exhibits the financial "symptoms" of an inactive entity. To improve its financial health, the company should focus on commencing trading activities, building operational cash flow, and strengthening governance frameworks.
View Full Analysis Report →Company Analysis
This analysis is opinion only and should not be interpreted as financial advice.
IHDA LIMITED - Analysis Report
Financial Health Assessment Report for IHDA LIMITED
1. Financial Health Score: D
Explanation:
The company is currently classified as dormant with minimal financial activity and an extremely limited financial base (net assets and cash both at £1). This score reflects a company in the very early stages of its lifecycle or intentionally inactive, showing symptoms consistent with minimal operational engagement. While not distressed, the company’s financial vitality is effectively at baseline, lacking the "healthy cash flow" or "robust asset base" typical of a financially active business.
2. Key Vital Signs
Metric | Value | Interpretation |
---|---|---|
Company Status | Active | The company is registered and legally active. |
Account Category | Dormant | No significant financial transactions during the year. |
Net Assets | £1 | Minimal equity base; reflects no operational assets/liabilities. |
Cash | £1 | Practically no cash resources available. |
Shareholders’ Funds | £1 | Equity capital is nominal, indicating no retained earnings or investments. |
Director Control | 75-100% owned by Craig Taylor | Highly centralized ownership and control. |
Filing Compliance | Up to date | No overdue filings; good compliance status. |
Industry SIC Code | 62090 | IT service activities, which usually require operational investment and cash flow, absent here. |
3. Diagnosis: What the Financial Data Reveals About Business Health
The company presents as a dormant entity with no active trading or financial operations during its first financial year. The “symptoms” here are a financial position with nominal cash and net assets, which signals an absence of business activity rather than distress or insolvency. This is typical for a newly incorporated company that has yet to commence trading or a company deliberately kept inactive.
The single director and controlling shareholder, Craig Taylor, has full control, which may simplify decision-making but also concentrates risk. The company changed its name recently, which could indicate a strategic rebranding or repositioning before active trading begins.
There is no evidence of liabilities, debt, or operational expenses, which is common for dormant companies. The company is compliant with filing requirements, indicating sound governance despite the lack of trading activity.
4. Recommendations: Specific Actions to Improve Financial Wellness
Commence Trading or Operational Activities: To transition from dormancy to a healthy operating company, IHDA LIMITED should develop and execute its business plan. Generating revenue and establishing healthy cash flow are critical to moving beyond baseline financial health.
Build Financial Reserves: Once active, focus on accumulating working capital to support operations, manage short-term liabilities, and invest in growth opportunities.
Regular Financial Monitoring: Implement routine financial reviews to detect early signs of operational or financial stress and to ensure compliance with accounting and tax obligations.
Governance Controls: With sole control by one director/owner, consider establishing advisory or supervisory mechanisms to enhance oversight and strategic decision-making.
Strategic Planning: Clarify the company’s market positioning and service offerings within the IT sector (SIC 62090) to build sustainable competitive advantage.
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