KIERAN LACEY PROPERTIES LIMITED

Executive Summary

Kieran Lacey Properties Limited is currently dormant with minimal financial activity and a nominal asset base of £100, reflecting the initial share capital. The company is financially stable but inactive, with no signs of distress or growth. To improve financial health, the company should consider activating trading operations and developing a clear strategy to build assets and generate revenue.

KIERAN LACEY PROPERTIES LIMITED - Analysis Report

Company Number: 14156585

Analysis Date: 2025-07-29 20:53 UTC

Financial Health Score: C

Explanation:
Kieran Lacey Properties Limited is currently classified as a dormant company with minimal financial activity and very limited assets. The company’s financials show a stable but extremely minimal asset base (£100) and zero liabilities, indicating no operational transactions or financial distress, but also no active business engagement generating revenue or profit. This results in a “C” grade—financially stable by virtue of inactivity but lacking growth or operational vitality.

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Key Vital Signs

Metric	Value (2024)	Interpretation
Current Assets	£100	Minimal assets, likely cash or receivables
Debtors	£100	Small amount owing to the company, no turnover
Net Current Assets	£100	Positive but negligible working capital
Total Assets Less Current Liabilities	£100	Total assets net of short-term debts, very low
Net Assets (Shareholders’ Funds)	£100	Reflects nominal capital invested, no retained earnings
Account Category	Dormant	No significant financial transactions; no trading
Overdue Filings	No	Compliance with filing deadlines is healthy

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Symptoms Analysis

• Dormant Status: The company shows classic symptoms of dormancy with no trading activity or significant financial transactions. This means no revenue generation or expenses have been recorded, which is typical for a newly incorporated or inactive entity.
• Tiny Asset Base: The current assets and net assets are only £100, indicating only the initial share capital has been invested and no growth or operational activity has taken place.
• No Liabilities: Absence of liabilities means no debts or financial obligations, which is a positive sign of no financial distress but also reflects the absence of business activity.
• No Profit & Loss Data: Profit and loss accounts were not filed due to dormant status, which means the company does not currently generate income or expenses.
• Compliance Healthy: No overdue filings or compliance issues, reflecting good administrative health despite inactivity.

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Diagnosis

Kieran Lacey Properties Limited is in a state of financial "rest"—stable but inactive. The company is not trading, which means it is neither generating revenue nor incurring losses. The balance sheet shows only the initial capital contribution held as current assets, indicating that the company has not yet commenced business operations or has been intentionally kept dormant. There are no signs of financial distress, but also no signs of business growth or operational cash flow. This condition is typical for a newly formed or dormant property holding company awaiting future activation or transaction.

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Prognosis

If the company remains dormant, its financial condition will remain stable but static, with no growth or income generation. Should the company begin trading or acquire real estate assets, the financial health profile will need reassessment, focusing on cash flow management, asset valuation, and liability control. The company has a clean slate with no debt or compliance issues, providing a good foundation for future business development. However, until active trading commences, the company’s financial health will remain minimal and static.

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Recommendations

1. Activate Trading: If the business plan involves property letting or real estate transactions, commence operations to build assets, revenue, and working capital.
2. Monitor Cash Flow: On activation, ensure healthy cash flow to cover operating expenses and service any property-related liabilities.
3. Maintain Compliance: Continue timely filing of accounts and confirmation statements to avoid penalties.
4. Build Financial Records: Once trading starts, maintain detailed and accurate financial records to assist with performance analysis and financial planning.
5. Consider Growth Strategy: Develop a strategy for asset acquisition or leasing to generate rental income and improve net assets.
6. Seek Professional Advice: Engage with financial advisors or accountants to prepare for active trading and tax planning.

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