KINGSLAND ROOFWORKS LTD

Executive Summary

Kingsland Roofworks Ltd is a newly incorporated dormant company with minimal financial activity, reflected in nominal assets and equity. Its financial health is poor, indicating no current trading or cash flow. To improve its financial wellness, the company should activate trading operations, inject working capital, and implement robust financial planning to transition from dormancy to operational viability.

KINGSLAND ROOFWORKS LTD - Analysis Report

Company Number: 15152810

Analysis Date: 2025-07-29 16:19 UTC

Financial Health Assessment for KINGSLAND ROOFWORKS LTD (as of 31 December 2024)

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1. Financial Health Score: D (Poor)

Explanation:
The company is currently dormant with minimal financial activity, reflected by virtually no assets or equity (£1 cash, £1 net assets). This score indicates that while the company is legally active, it is not operating or generating financial performance indicative of a healthy business. The company’s financial "vital signs" suggest a state of financial inactivity or stasis rather than operational health or distress.

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2. Key Vital Signs

Metric	Value	Interpretation
Status	Active	The company is legally active but dormant operationally.
Account Category	Dormant	No significant financial transactions during the year; minimal financial activity.
Cash at Bank	£1	Extremely low cash reserves, indicating no operational cash flow.
Net Assets	£1	Bare minimum equity; company has no retained earnings or significant assets/liabilities.
Shareholders’ Funds	£1	Equity reflects only the initial share capital, with no accumulated profits or losses.
Directors	1 current	Recent director change suggests possible restructuring or planning for future activity.
Industry Classification	Roofing Activities (SIC 43910)	Company classified under roofing but no trading activity yet.
Company Age	~1 year	Newly incorporated, may still be in formation or pre-trading phase.

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3. Diagnosis

The company is effectively in a state of financial dormancy, showing symptoms of inactivity rather than operational vitality. The lack of cash flow and net assets beyond the nominal £1 share capital means it has no financial buffer or working capital to undertake business activities. This is typical for a newly formed company that has yet to commence trading or has chosen not to engage in transactions.

The director’s report confirms exemption from audit due to dormancy, confirming no material financial events to report. The recent change in director and company name could indicate a preparatory phase for future trading or restructuring.

No liabilities or debts are recorded, which is positive in avoiding financial distress, but the absence of assets and earnings means the company has no current means to generate income or absorb shocks.

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4. Recommendations

• Activate Trading Operations: To move from dormancy, the company should begin operational activities aligned with its roofing business to generate revenue and improve cash flow.
• Capital Injection: Consider injecting working capital to support initial operational expenses, establishing a "healthy cash flow" to fund business activities.
• Financial Planning: Develop a clear financial plan and budget forecasting cash inflows and outflows to avoid liquidity issues once trading begins.
• Compliance Monitoring: Maintain timely filing of accounts and confirmation statements to avoid penalties and maintain good standing.
• Review Governance: Ensure directors understand their responsibilities and plan for financial oversight as trading commences.
• Market Engagement: Begin building customer and supplier relationships to create revenue streams and improve financial "vital signs."

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Medical Analogy Summary

KINGSLAND ROOFWORKS LTD currently resembles a patient in a dormant state—alive but not active, showing no signs of financial "heartbeat" (cash flow) or "muscle tone" (net assets). Without intervention to stimulate operations and capital, the company remains in a state of financial hibernation with a poor prognosis for near-term growth.

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