LTM TRANSPORT LTD

Executive Summary

LTM Transport Ltd is currently a dormant private limited company with minimal financial activity, reflecting a state of inactivity rather than distress. The company maintains compliance with statutory filings but shows no operational cash flow or assets beyond a nominal balance. To improve financial wellness, the company should either activate trading activities or reassess the purpose of remaining dormant while continuing to meet compliance obligations.

LTM TRANSPORT LTD - Analysis Report

Company Number: 13754522

Analysis Date: 2025-07-29 20:50 UTC

Financial Health Assessment for LTM TRANSPORT LTD

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1. Financial Health Score: D

Explanation:
LTM Transport Ltd is currently classified as a dormant company with very minimal financial activity. The financial metrics exhibit "symptoms of dormancy" rather than active operational health. With net assets of just £1 and no recorded turnover or liabilities, the company shows no meaningful financial engagement or trading activity. This results in a low financial health score, reflecting the absence of active business operations rather than distress.

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2. Key Vital Signs

Metric	Value	Interpretation
Account Category	Dormant	No significant trading activity in the year
Net Current Assets	£1	Minimal working capital, effectively nil
Net Assets / Shareholders’ Funds	£1	No retained earnings or capital investment
Number of Employees	0	No staff employed, indicating inactivity
Filing Status	Up to date	Compliance with statutory requirements maintained
Control Structure	100% ownership by one director	Centralized control, no diversity in management

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3. Diagnosis

LTM Transport Ltd exhibits the financial "vital signs" typical of a dormant company rather than an operating business. The balance sheet figures are static and nominal, indicating no business transactions, revenue generation, or expenses incurred during the reported periods. The company is compliant with filing deadlines, which is a positive governance symptom.

The absence of cash flow, liabilities, and assets beyond a nominal £1 balance suggests the company is in a state of "financial rest" rather than distress. This is not a sign of financial illness but rather a lack of business activity. The company may be newly incorporated and not yet operational, or it could be intentionally kept dormant as a shelf or holding entity.

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4. Recommendations

• Activate Operations or Close Dormant Status: If the company intends to trade, it should plan to initiate business activities soon to avoid stagnation. This includes generating revenue, incurring expenses, and employing resources.

• Maintain Compliance: Continue timely filing of dormant accounts and confirmation statements to maintain good standing and avoid penalties.

• Review Business Strategy: Evaluate the purpose of maintaining the dormant status. If the company is intended for future use, ensure appropriate plans and funding are in place.

• Consider Incorporation Costs: If dormancy is prolonged, assess the cost-benefit of maintaining the company versus dissolution to avoid unnecessary administrative expenses.

• Prepare for Transition: Should trading commence, establish proper financial controls and bookkeeping to track "healthy cash flow" and business performance.

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