O'CLEAN SERVICES LTD

Executive Summary

O'CLEAN SERVICES LTD is currently a dormant company with minimal financial activity, reflected in its low cash reserves and net assets equal to share capital. While financially stable without distress symptoms, the company is not yet operating commercially, which limits its financial vitality and growth potential. To improve its financial health, the company should activate trading activities, build cash reserves, and implement strategic financial planning to transition from dormancy to active operation.

O'CLEAN SERVICES LTD - Analysis Report

Company Number: 14522163

Analysis Date: 2025-07-20 12:49 UTC

Financial Health Assessment for O'CLEAN SERVICES LTD

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1. Financial Health Score: D

Explanation:
O'CLEAN SERVICES LTD is currently classified as a dormant company with minimal financial activity. The financial snapshot shows very limited cash reserves (£225) and net assets of the same amount, indicating no active trading or operational income. While no immediate distress is apparent (no liabilities or debt), the company’s financial "vital signs" suggest it is in a state of hibernation rather than healthy operation. The score D reflects a company that is solvent but not yet generating or managing meaningful business activity to demonstrate financial vitality.

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2. Key Vital Signs

Metric	Value	Interpretation
Company Status	Active	The company remains registered and legally able to trade.
Account Category	Dormant	No significant financial transactions during the last year.
Cash at Bank	£225	Minimal cash reserves; no operational cash flow.
Net Assets / Shareholders' Funds	£225	Equity equals initial share capital; no retained earnings or losses.
Directors	1 (Dr Osahon Ehigiator)	Sole director, indicating concentrated control.
Industry (SIC: 81210)	General cleaning of buildings	Sector with potential for steady revenue if operational.

Interpretation:
The company exhibits the "symptom of dormancy," meaning it is legally active but financially inactive. The very low cash balance and net assets equal to share capital reflect no trading or business expansion. There are no liabilities or debts reported, which is a positive sign that the company is not currently under financial distress. However, the absence of revenue generation or operational activity is a warning sign for future financial health if this status continues.

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3. Diagnosis

Underlying Business Health:
O'CLEAN SERVICES LTD is currently in a dormant state. This is akin to a patient in remission rather than in full health—no active symptoms of financial distress, but also no vitality or growth indicators. The company is not yet generating revenue, has no assets beyond cash, and has not incurred liabilities, which means it is financially stable but inactive.

There are no "vital signs" of operational cash flow, profitability, or working capital management. The company’s financial statements confirm it has taken advantage of dormant company filing exemptions, which reduces administrative burden but also reflects no commercial activity.

The director's role appears to be maintaining the company’s legal standing, possibly in preparation for future activation or business plans. The company’s location and industry suggest potential for growth should operations commence.

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4. Prognosis

If the company remains dormant without initiating trading activity, it will maintain a status of minimal financial risk but also no growth or value creation. The prognosis for future financial health is neutral to uncertain, depending entirely on whether the company begins trading, generates revenue, and manages expenses prudently.

Without business activity, the company risks stagnation and potential dissolution if no strategic use is found. Conversely, if the company activates operations in the cleaning sector, it may require initial investment in assets, working capital, and operational expenses.

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5. Recommendations

1. Activate Trading Operations:
   Begin commercial activities aligned with the general cleaning sector to generate revenue and improve financial health.

2. Maintain Adequate Cash Reserves:
   Increase cash holdings to cover initial operating expenses and avoid liquidity stress.

3. Monitor Financial Reporting:
   Once active, file full accounts promptly to reflect true financial position and comply with Companies House requirements.

4. Plan for Working Capital Needs:
   Prepare for management of current assets (e.g., receivables) and liabilities (e.g., payables) to ensure healthy cash flow.

5. Engage in Strategic Planning:
   Develop business plans targeting market opportunities, with measurable financial goals to avoid prolonged dormancy.

6. Consider Additional Directors or Advisors:
   Broaden management capacity and expertise to support growth and compliance.

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