NICER ENERGY LTD

Executive Summary

NICER ENERGY LTD is a dormant private limited company with minimal financial activity and net assets of £1. It is compliant with filing obligations but currently inactive operationally. For improved financial health, the company should consider strategic activation and capital investment to transition from dormancy to trading status.

NICER ENERGY LTD - Analysis Report

Company Number: 12944328

Analysis Date: 2025-07-29 12:55 UTC

Financial Health Score: D (Dormant with minimal activity)
Explanation: NICER ENERGY LTD is classified as a dormant company with negligible financial activity, reflected in its consistent net assets and shareholders' funds of only £1 over multiple years. While compliance with filing requirements is current, the company shows no operational financial vitality.

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Key Vital Signs

Metric	Value	Interpretation
Company Status	Active	Company is legally active but not trading
Account Category	Dormant	No significant transactions, minimal financial activity
Net Assets (latest)	£1	Indicates no operating assets or retained earnings
Share Capital	£1	Minimal capital investment
Filing Status	Up to date	No overdue filings, compliant with statutory requirements
Director Control	Single director with full control	Concentrated ownership and control
SIC Codes	Electrical and plumbing installation	Industry focus on building services

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Symptoms Analysis

• Dormant Status: The company hasn't engaged in trading or financial transactions, which manifests as flat net assets and shareholders' funds of £1 for four consecutive years. This is typical for a company not yet operational or intentionally kept inactive.
• No Revenue or Expenses: Absence of profit and loss data indicates no income streams or business expenses, reflecting a lack of business activity.
• Minimal Capitalization: Share capital of £1 suggests the company has not sought significant investment or funding.
• Compliance "Healthy": The company shows no symptoms of regulatory distress, with timely filings and no overdue accounts or confirmation statements.
• Single Director Control: Complete control by one individual could be a strength for quick decision-making but also a risk if dependency on one person is high.

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Diagnosis

NICER ENERGY LTD is currently in a dormant state, essentially a "financially inert" entity. It carries no operational financial risk or opportunity presently, similar to a patient in a stable but inactive condition. There are no indications of financial distress or growth, merely a holding pattern. The company appears to be maintained possibly for future activation, asset holding, or brand protection, rather than active trading.

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Prognosis

If the company intends to activate trading, it will need to raise capital, generate revenue, and incur expenses, which will fundamentally change its financial profile. Without such activity, it will remain a dormant shell with limited financial health implications. Continued compliance will maintain its "healthy dormant" status, but prolonged inactivity may limit business opportunities and asset growth.

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Recommendations

1. Strategic Review: Assess the business plan and decide if/when to commence trading to avoid the company becoming a dormant liability.
2. Capital Injection: If activation is planned, consider increasing share capital or securing external funding to support initial operations.
3. Operational Setup: Prepare for regulatory and financial reporting obligations once trading begins by implementing accounting systems.
4. Director Succession or Support: Evaluate if additional directors or advisors are needed to strengthen governance and spread decision-making risk.
5. Regular Compliance Maintenance: Continue timely filing of accounts and confirmation statements to avoid penalties and maintain good standing.

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