JYNDER FITNESS LTD
Executive Summary
JYNDER FITNESS LTD is a newly incorporated dormant company with minimal financial activity and nominal net assets, indicating an early pre-operational phase. The company is financially stable with no liabilities but has yet to generate revenue or employ staff. To improve financial health, the company should initiate trading activities, secure adequate funding, and implement strong financial management practices to ensure sustainable growth.
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This analysis is opinion only and should not be interpreted as financial advice.
JYNDER FITNESS LTD - Analysis Report
Financial Health Assessment of JYNDER FITNESS LTD
1. Financial Health Score: Grade D
Explanation:
JYNDER FITNESS LTD is a very young company (incorporated June 2023) categorized as dormant for its first financial year. The company has minimal financial activity with no recorded turnover, no employees, and nominal net assets of £100 (called-up share capital). The financial data indicates the company is in a "pre-operational" or "start-up incubation" phase rather than exhibiting active business health. While not distressed, the lack of operating history and financial performance metrics limits the ability to assign a higher grade. Grade D reflects the early stage and dormant status, suggesting caution and the need for operational progress.
2. Key Vital Signs
Metric | Value | Interpretation |
---|---|---|
Status | Active | Company is registered and not dissolved. |
Account Category | Dormant | No significant financial transactions during the period. |
Net Assets | £100 | Minimal equity, representing initial capital injection. |
Total Assets less Current Liabilities | £100 | Indicates no current liabilities and very low asset base. |
Employees | 0 | No workforce, consistent with dormant status. |
Turnover / Revenue | £0 | No trading activity recorded. |
Director | 1 (Harjinder Singh KALAIR) | Single director with full control. |
Control | Director owns 75-100% shares and voting rights | High ownership concentration. |
Filing Compliance | Up to date | Accounts and returns submitted on time. |
Interpretation:
The vital signs resemble a "healthy resting pulse" but no active metabolic activity yet. The company is solvent with no liabilities but shows no revenue or operational data, typical for a dormant start-up. The sole director holds full control and has complied with filing requirements, indicating regulatory discipline.
3. Diagnosis: What the Financial Data Reveals
- Dormant Status: The company has not engaged in trading or financial transactions during its first year, evidenced by dormant accounts filed under FRS 105 micro-entity standards.
- Capital Structure: The £100 net assets represent the initial share capital issued but no further investment or retained earnings exist.
- Operational Readiness: With no employees or turnover, the business is not yet generating cash flow or incurring operating expenses.
- Governance: Sole director and shareholder control simplifies decision-making but may concentrate risk.
- Compliance: Timely filings and adherence to regulatory frameworks indicate no immediate compliance risk.
- Industry: Classified under retail sales via mail order or internet (SIC 47910), the business model likely involves e-commerce, which may require initial setup before trading.
Underlying Health: The company is in a "quiescent" state—financially stable but inactive. This is typical for a newly incorporated business preparing to launch operations. There are no symptoms of financial distress (no debts, no losses), but also no signs of growth or revenue generation yet.
4. Recommendations for Financial Wellness Improvement
- Commence Trading Activities: To transition from dormant to active status, initiate operational activities generating revenue to establish a healthy cash flow.
- Capital Injection: Consider additional funding rounds or shareholder loans to support initial operating costs and inventory procurement.
- Financial Forecasting: Develop detailed budgets and cash flow projections to monitor financial health proactively.
- Cost Management: Once operational, closely monitor expenses to avoid negative working capital or liquidity issues.
- Governance Structure: Evaluate the need for appointing additional directors or advisors to diversify oversight and strategic input.
- Compliance Vigilance: Maintain timely filings and prepare for audit requirements when the company surpasses small company thresholds.
- Business Plan Execution: Focus on marketing, customer acquisition, and supplier relationships essential for growth in the retail e-commerce sector.
Medical Analogy Summary
JYNDER FITNESS LTD is currently in a state similar to a patient on bed rest before surgery—stable vitals but no active metabolism. The absence of symptoms (losses, debts) is encouraging, but the company must "wake up" from dormancy, start generating cash flow, and build operational resilience to move toward a healthy, thriving business state.
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