JIMALT LIMITED

Executive Summary

JIMALT LIMITED is financially stable but dormant, showing no operational activity or growth with minimal assets and cash. While the company has no financial distress, it remains inactive, limiting its potential for improvement. To enhance financial health, initiating business operations and strategic growth is recommended.

JIMALT LIMITED - Analysis Report

Company Number: 14039900

Analysis Date: 2025-07-29 13:35 UTC

Financial Health Assessment for JIMALT LIMITED

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1. Financial Health Score: Grade B (Stable but Minimal Activity)

Explanation:
JIMALT LIMITED is classified as a dormant company with minimal financial activity. Its financial "vital signs" show a steady but very low level of cash and net assets (£1,000) across multiple years, reflecting a business in a state of financial rest rather than active operation. While this indicates no immediate financial distress or liabilities, the lack of operational turnover or growth suggests limited current business health. The score B reflects a stable but inactive financial condition, analogous to a patient in remission with stable vital signs but no active metabolism or growth.

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2. Key Vital Signs:

• Dormant Status: The company is dormant, meaning no significant financial transactions or trading activities during the year. This is like a patient in a medically induced coma—alive but inactive.
• Cash Position: Consistent amount of £1,000 cash on hand each year, indicating sufficient liquidity to meet minimal obligations but no cash inflow from operations.
• Net Assets & Shareholders' Funds: £1,000 each year, matching the initial share capital, reflecting no accumulation of profits or losses. This stable but flat equity is akin to a steady but non-improving health baseline.
• No Debt or Liabilities: The balance sheet shows no liabilities or debts, suggesting no financial strain or risk from creditors.
• No Audit Requirement: As a dormant company, JIMALT LIMITED benefits from exemptions reducing compliance burden but indicating minimal business complexity.
• Director and Control: Single director and 100% ownership by Mr. Kamal Babatunde Bakare, suggesting centralized control but also dependence on a single individual for decision-making.

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3. Diagnosis:

JIMALT LIMITED exhibits the classic "symptoms" of a dormant or inactive business: no operational revenue, no expenses, and no growth in assets or equity. While the financial "vital signs" are stable, the company is not currently generating economic value or cash flow from business activities, which limits its potential for financial health improvement in the short term.

The company's financial health is stable with no signs of distress—no liabilities, no losses, and adequate compliance with filing requirements. However, the absence of trading activity means the company is not yet "exercising" its financial muscles, which could lead to atrophy if inactivity continues.

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4. Recommendations:

• Activate Business Operations: If the intention is to grow and develop the company, begin trading activities to generate revenue and build assets. This will improve cash flow and shareholder value—like encouraging a patient to engage in physical activity to regain strength.
• Monitor Compliance: Continue timely filing of dormant accounts and confirmation statements to avoid penalties and maintain good standing.
• Review Business Model: Evaluate market opportunities and business plans to ensure future financial vitality and profitability.
• Consider Capital Needs: If growth is planned, assess the need for additional capital injections or financing to support initial expenses and investment.
• Risk Management: Keep governance strong, especially as a single director/owner entity, to mitigate risks related to management continuity and decision-making.

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