PARSON SUITE LIMITED

Executive Summary

PARSON SUITE LIMITED is currently a dormant private limited company with negligible financial activity and minimal net assets. While compliant with statutory filings, its financial health reflects inactivity rather than operational vitality. For improved financial wellness, the company should either commence trading activities or continue to maintain dormancy with strict compliance and strategic clarity.

PARSON SUITE LIMITED - Analysis Report

Company Number: 13119878

Analysis Date: 2025-07-20 15:57 UTC

Financial Health Assessment of PARSON SUITE LIMITED

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1. Financial Health Score: Grade D

Explanation:
The company is classified as dormant with minimal financial activity and no meaningful operational metrics to evaluate profitability, liquidity, or solvency. The financial "vital signs" show almost no assets or equity beyond nominal share capital. This indicates a very low level of financial activity and business engagement, which, while not unhealthy in a traditional sense, implies lack of active trading and revenue generation. Hence, the grade is low but not failing, as no distress or liabilities are present.

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2. Key Vital Signs

Metric	Value	Interpretation
Status	Active	The company is legally active but dormant operationally.
Account Category	Dormant	No significant financial transactions during the year; minimal operational activity.
Share Capital	£1.00	Nominal share capital, typical for dormant companies.
Net Assets / Shareholders’ Funds	£2	Almost zero net worth; no retained earnings or accumulated profits/losses.
Filing Status	Up to date	No overdue filings, compliant with Companies House requirements.
Directors	3 (2 current)	Directors appointed and actively maintaining governance.
SIC Code	62090 (IT services)	Industry classification suggests intended IT service activity, but dormant status implies no trading.

Interpretation:
The financial "vital signs" resemble a patient under observation but currently inactive. The company exhibits "symptoms" of a shell or holding entity rather than an operating business. The balance sheet is minimal, showing no operational assets or liabilities, consistent with dormancy.

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3. Diagnosis

• Dormant Status: The company has not traded or conducted significant financial transactions since incorporation, as confirmed by dormant company accounts.
• Financial Inactivity: The balance sheet reflects only nominal share capital and negligible net assets, indicating no operational income, expenses, or investment.
• Governance: Directors remain in place and filings are up to date, showing compliance with statutory obligations.
• Business Model: Classified under IT service activities but currently non-operational. This could be an incubation phase or a holding structure awaiting activation.
• Risk Factors: Minimal financial risk due to lack of liabilities; however, absence of trading activity means no revenue or profit generation potential at this time.

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4. Recommendations

• Activate Operations or Maintain Dormancy: If the business intends to trade, it should begin operational activities soon to generate revenue and build financial health. If not, continue to maintain dormant status to minimize compliance costs.
• Monitor Compliance: Ensure ongoing timely filing of dormant accounts and confirmation statements to avoid penalties.
• Plan Capital Needs: Consider whether additional capital injection or investment is needed to commence business activities.
• Strategic Review: Directors should review the strategic purpose of the company—whether to develop IT services or consider restructuring or dissolution if dormant status will persist long-term.
• Financial Record Keeping: Maintain accurate records even during dormancy to facilitate smooth transition if business activates.

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