MIDAS JEWELLERY LIMITED

Executive Summary

MIDAS JEWELLERY LIMITED is currently financially stable but inactive, with negligible assets and no trading activity. The company shows no signs of distress but lacks operational cash flow or growth indicators, reflecting a dormant or pre-trading state. To improve financial health, the business should focus on initiating trading operations, building assets, and strengthening financial management.

MIDAS JEWELLERY LIMITED - Analysis Report

Company Number: 13394852

Analysis Date: 2025-07-29 20:21 UTC

Financial Health Assessment for MIDAS JEWELLERY LIMITED

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1. Financial Health Score: Grade D

Explanation:
The company's financial profile reflects a very minimal scale of operations, with virtually no assets or financial activity beyond the initial share capital of £100. The lack of revenue, employees, and substantive current or fixed assets indicates the business is in a nascent or dormant-like state despite being active. This results in a low financial health grade, as the company currently shows no signs of generating operational cash flow or business growth.

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2. Key Vital Signs

Metric	Value (£)	Interpretation
Share Capital	100	Minimal equity base, typical for a newly formed or dormant micro entity.
Current Assets	100	Cash or equivalents only; no receivables, inventory, or other liquid assets reported.
Net Current Assets	100	Positive but trivial working capital; no indication of ongoing trading activity.
Total Assets Less Liabilities	100	Same as equity; no debts or loans, but also no investments in business operations.
Average Employees	0	No staff, suggesting no trading or business operations underway.
Account Category	Micro	Smallest reporting category, consistent with minimal activity and size.

Interpretation:

• The "vital signs" of this company are akin to a patient with a heartbeat but no active metabolism: the business exists legally and financially but shows no evidence of commercial activity or growth.
• The absence of liabilities is positive but may also reflect a lack of engagement with suppliers or lenders.
• No employees or operational assets signal a lack of business development or revenue generation.

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3. Diagnosis

Underlying Business Health:
MIDAS JEWELLERY LIMITED currently presents the financial "symptoms" of a company in a pre-operational or dormant phase rather than an active trading business. The consistent but minuscule balance sheet figures over four years suggest no meaningful business transactions, revenue, or expenditure have occurred.

From a financial wellness perspective, this is a "stable but inactive" condition. The company is solvent with no debts but lacks the "blood flow" of cash from operations. It is essentially in a static state, neither growing nor declining.

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4. Recommendations

To improve financial wellness and transition from this stagnant state, consider the following actions:

• Activate Trading Operations: Begin generating revenue through sales or services aligned with the retail sale of watches and jewellery, the company's SIC code. This will introduce cash inflows, working capital turnover, and business vitality.
• Increase Asset Base: Invest in stock (inventory) and other current assets to support trading activities, which will improve net current assets and operational capacity.
• Develop Financial Controls: Even at a micro level, maintain detailed accounting records to monitor cash flow, expenses, and profitability, which are essential for sustainable growth.
• Consider Funding: Explore options for additional share capital or external financing if expansion requires. This will strengthen the equity base and enable investment in growth initiatives.
• Plan for Staffing: Hiring at least part-time employees or contractors can help operationalize the business and support sales or production activities.
• Regular Financial Reviews: Establish a routine financial health check to identify symptoms of distress early, such as cash shortages or increasing liabilities.

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