OUT OF CTRL LTD
Executive Summary
OUT OF CTRL LTD is a newly incorporated dormant company with minimal financial activity, reflected by nominal net assets and shareholders' funds. While fully compliant with filing obligations, it currently shows no trading history or operational financial data, indicating an early-stage or inactive status. Moving forward, initiating business operations and establishing robust financial management will be crucial for improving the company’s financial health and viability.
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This analysis is opinion only and should not be interpreted as financial advice.
OUT OF CTRL LTD - Analysis Report
Financial Health Assessment for OUT OF CTRL LTD
1. Financial Health Score: D
Explanation:
The company is newly incorporated and classified as dormant, showing virtually no financial activity. While it is compliant with filing requirements and legally active, the financial data indicates minimal operational presence and no trading history. This results in a low financial health score, reflecting the early stage of development and absence of financial vitality.
2. Key Vital Signs
Metric | Value | Interpretation |
---|---|---|
Company Status | Active | Company is legally operational |
Account Category | Dormant | No significant financial transactions during the year |
Net Assets | £1 | Nominal capital, no business assets or liabilities |
Shareholders’ Funds | £1 | Minimal equity, indicating no retained earnings or investment |
Filing Status | Up to date | No overdue accounts or confirmation statements |
Director | 1 (Alina Carbune) | Single director with full control and ownership |
SIC Codes | 90010, 90020, 90030 | Artistic creation and performing arts focus |
Interpretation:
The balance sheet “vital signs” indicate a company in a state of financial hibernation. The net assets and shareholders’ funds at £1 show that it has only the nominal share capital, with no operational or trading assets or liabilities. The dormant status confirms no revenue or expenses, meaning the business has not yet commenced financial activity. Compliance with filings is a positive sign of administrative health.
3. Diagnosis
OUT OF CTRL LTD currently exhibits the symptoms of a nascent startup or inactive holding structure. The dormant status is akin to a patient in remission or early incubation: no active symptoms (financial transactions) but closely monitored. The company is compliant with statutory obligations and controlled by a single director/shareholder with full ownership and management rights.
The lack of trading or financial data means there is no evidence of revenue generation, profitability, or cash flow—core indicators of financial wellness. This is typical for a company incorporated recently (March 2024) and not yet operational.
While there are no negative symptoms such as overdue filings, debt, or losses, the financial health depends entirely on future business activity to develop beyond this status.
4. Recommendations
To improve financial wellness and progress beyond dormancy, consider the following actions:
- Initiate Business Operations: Begin trading or commercial activities to generate revenue and build financial history.
- Develop Financial Infrastructure: Implement accounting systems to capture income, expenses, assets, and liabilities as operations commence.
- Plan for Initial Investment: Consider capital injections or loans to support startup activities and create working capital.
- Monitor Cash Flow: Ensure healthy cash inflows and outflows to avoid liquidity constraints when active.
- Regular Financial Reviews: Schedule periodic financial health checks as the company becomes operational to track progress and detect early signs of distress.
- Maintain Compliance: Continue to file accounts and confirmation statements timely to avoid penalties and maintain good standing.
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