Company Number: 14201581

Analysis Date: 2025-07-20 12:05 UTC

Financial Health Assessment for MAZ & GAZ LTD

---

1. Financial Health Score: D

Explanation:
MAZ & GAZ LTD shows very limited financial activity with persistently negative net asset values and minimal working capital. The company’s financial "vital signs" indicate a precarious condition, akin to a patient with weak vital signs suggesting underlying distress. The lack of employees and minimal financial scale compounds the fragility. While the company is not insolvent or in liquidation, its financial health is far from robust.

---

2. Key Vital Signs

Metric	2022 (£)	2023 (£)	2024 (£)	Interpretation
Current Liabilities	104	104	155	Small short-term obligations, but increasing
Net Current Assets	104	104	155	Positive, but very low working capital
Total Assets Less CL	104	104	155	Indicates very small asset base
Net Assets (Equity)	104	104	155	Persistently very low equity
Number of Employees	0	0	0	No staff, suggests minimal operational activity

• Working Capital: Positive but minimal; suggests the company can cover short-term debts but only just.
• Net Assets: Very low and only marginally improved over 3 years; signals undercapitalization.
• Employee Count: Zero, indicating no operational scale or active workforce.
• Filing Status: Up to date with no overdue accounts or returns; good compliance "vital sign".

---

3. Diagnosis

The financial "symptoms" of MAZ & GAZ LTD resemble a business in a nascent or dormant-like state rather than a fully active, healthy enterprise. The company’s micro-entity status reflects minimal reporting requirements and a very small operational footprint.

• Liquidity: The company maintains a positive but trivial cash position relative to liabilities, indicating a "fragile" liquidity state.
• Capitalization: The minuscule net assets (equity) suggest that the company is undercapitalized and may struggle to absorb losses or finance growth.
• Operational Activity: No employees and minimal financial scale imply the business may not be generating significant revenues or may be in an early setup or holding phase.
• Governance & Control: The company has multiple persons with significant control and some director turnover in early years, which may indicate evolving governance structures but no current red flags.
• Compliance: All filings are up to date, which is a positive sign of management attention to regulatory obligations.

Overall, the company’s financial condition can be described as "stable but vulnerable." There are no "acute distress" symptoms such as overdue liabilities or insolvency indicators, but the company lacks financial robustness and operational scale.

---

4. Recommendations

To improve financial wellness and transition from a fragile to a healthy state, the following actions are advised:

• Increase Capital Base: Consider additional equity injections or shareholder loans to strengthen net assets and provide a buffer for operations.
• Develop Operational Activity: If the business model is active, recruit minimal staff or contractors to drive revenue-generating activities, improving cash inflow and sustainability.
• Monitor Cash Flow Closely: Maintain healthy cash flow management to avoid liquidity crunches. Establish cash flow forecasts to anticipate and manage working capital needs.
• Governance Stability: Stabilize director appointments to ensure consistent strategic direction and decision-making.
• Explore Revenue Streams: If currently dormant or minimally active, develop a clear business plan to generate sales in the retail niche classified (SIC 47789).
• Maintain Compliance: Continue timely filing of accounts and returns to avoid penalties and maintain good standing with Companies House.

---