PAT L FABRICS LIMITED

Executive Summary

PAT L FABRICS LIMITED is currently dormant with minimal financial activity, reflected in its nominal cash and net asset position. Its financial health is stable but inactive, with no symptoms of distress. The company’s outlook depends on transitioning to active trading, where sound cash flow management and compliance will be critical for healthy financial growth.

PAT L FABRICS LIMITED - Analysis Report

Company Number: 15333813

Analysis Date: 2025-07-20 16:16 UTC

Financial Health Assessment: PAT L FABRICS LIMITED

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1. Financial Health Score: D (Dormant Status - Minimal Financial Activity)

Explanation:
PAT L FABRICS LIMITED is currently classified as a dormant company, meaning it has had no significant financial transactions during the accounting period ending 31 December 2024. This minimal financial activity results in very limited financial data to evaluate. Thus, the company’s financial health score is a "D," reflecting a state of inactivity rather than operational strength or distress.

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2. Key Vital Signs

Metric	Value	Interpretation
Status	Active	Company is currently registered and operational in name.
Account Category	Dormant	No significant trading or financial transactions.
Cash	£100	Nominal cash balance indicating minimal activity.
Net Assets	£100	Minimal net asset base, consistent with dormancy.
Shareholders’ Funds	£100	Equity equals net assets; no accumulated profits or losses.
Director	Patrick Joseph McGuinness	Sole director and PSC, full control.
Industry Classification	Performing Arts (SIC 90010)	Sector identified but no active business reported.

Interpretation:
The financial "vital signs" show a company in a state of rest, not engaged in significant trading or generating revenue or expenses. The minimal cash and assets reflect the dormant status, indicating no operational cash flow or financial stress symptoms.

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3. Diagnosis

PAT L FABRICS LIMITED is currently in a dormant condition, akin to a patient in a medically induced coma or rest phase. This status means the company has not yet begun active trading or business operations since its incorporation on 7 December 2023. There are no symptoms of financial distress such as debt, losses, or cash flow problems because there is no operational activity to cause them.

The sole director and controlling shareholder, Patrick Joseph McGuinness, maintains full control, which allows for streamlined decision-making when transitioning the company from dormancy to active status.

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4. Prognosis

The future financial outlook is neutral but contingent on whether the company moves from dormant to active trading. If the company begins operations consistent with its industry (performing arts), it will need to monitor cash flow closely to avoid early-stage liquidity issues. The prognosis is favorable if the company manages its working capital prudently upon starting trading.

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5. Recommendations

• Transition Planning: Develop a clear business plan and timeline for moving from dormancy to active trading to ensure readiness for financial demands.
• Cash Flow Management: Upon activation, maintain a healthy cash flow buffer to cover initial operating expenses and avoid liquidity "symptoms" like overdrafts or unpaid bills.
• Financial Reporting: Start preparing full financial statements once active, adhering to filing deadlines to maintain compliance and avoid penalties.
• Governance: Continue robust oversight by the director and consider appointing additional officers if operations expand, to share financial and compliance responsibilities.
• Funding Strategy: Assess capital needs early, considering equity injections or loans to support growth, ensuring financial stability during ramp-up.
• Regular Health Checks: Once active, conduct periodic financial health reviews to identify early warning signs of distress and take corrective action promptly.

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