IT MATRIX TECHNOLOGIES & ANALYTICS LIMITED
Executive Summary
IT MATRIX TECHNOLOGIES & ANALYTICS LIMITED is currently a dormant private limited company with minimal financial activity and no liabilities, indicating a neutral financial condition early in its lifecycle. The company demonstrates strong compliance with filing requirements but lacks operational data to assess profitability or liquidity. Moving forward, initiating trading and building working capital will be critical to establishing a healthy financial foundation.
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This analysis is opinion only and should not be interpreted as financial advice.
IT MATRIX TECHNOLOGIES & ANALYTICS LIMITED - Analysis Report
Financial Health Assessment of IT MATRIX TECHNOLOGIES & ANALYTICS LIMITED
1. Financial Health Score: Grade C
Explanation:
Given that IT MATRIX TECHNOLOGIES & ANALYTICS LIMITED is a newly incorporated dormant private limited company with minimal financial activity, the financial health score is moderate (C). The company currently shows no operational financial performance or transactions, which limits the ability to assess profitability or liquidity. However, there are no negative indicators such as liabilities or losses reported, suggesting a neutral financial status at this early stage.
2. Key Vital Signs
Metric | Value | Interpretation |
---|---|---|
Company Status | Active | Company is operational but not yet trading |
Account Category | Dormant | No significant transactions during the year |
Net Assets | £2 | Minimal equity, typical for newly formed dormant company |
Shareholders Funds | £2 | Corresponds with the issued share capital |
Directors | 2 | Directors appointed and active |
Filing Status | Up to date | Accounts and returns filed on time |
Industry Classification | IT consultancy (SIC 62020) | Sector with potential for growth, but no activity yet |
Control Structure | Two equal PSCs | Balanced ownership and control |
Interpretation:
The company is in a "healthy rest" phase — like a patient in recovery without any active symptoms. The minimal net assets and dormant status indicate no trading or financial stress symptoms. The filed accounts are compliant and show no signs of distress such as overdue filings or liabilities.
3. Diagnosis
IT MATRIX TECHNOLOGIES & ANALYTICS LIMITED is in the very early stage of its lifecycle, functioning as a dormant entity. Dormancy status means the company has not engaged in trading or financial transactions that would generate revenues or expenses. This is typical for new companies setting up before commencing operations.
The key symptom here is the absence of operational financial data, which limits the ability to fully assess liquidity, profitability, or solvency. However, the company has no reported debts or liabilities, and shareholder equity exists — albeit minimal. The directors have fulfilled statutory filing obligations on time, which is a positive sign of good governance.
No warning signs such as overdue filings, accumulated losses, or director disqualifications are present. The company is administratively sound but financially inactive.
4. Recommendations
Commence Trading Activities: To move from dormancy to active status, the company should plan to initiate revenue-generating operations. This will provide vital financial data to assess ongoing health.
Maintain Compliance: Continue timely filing of accounts and confirmation statements to avoid penalties and maintain corporate health.
Build Initial Working Capital: Consider injecting additional capital or securing initial funding to support operational cash flow once trading starts, ensuring a "healthy cash flow."
Monitor Early Financial Metrics: Once trading begins, focus on tracking key vital signs such as cash flow, net current assets, and profitability to diagnose financial wellness early.
Governance and Controls: Maintain strong oversight by directors to prevent symptoms of financial distress, such as cash shortages or late payments.
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