PEOPLE DESIGN CO LTD

Executive Summary

PEOPLE DESIGN CO LTD is currently a dormant company with no trading activity and minimal financial resources, reflected in nominal net assets of £100. The company maintains good compliance but lacks operational cash flow or income, indicating a neutral financial state rather than active health or distress. To improve its financial wellness, the company should plan for activation of trading, ensure sufficient capital, and maintain compliance as it transitions from dormancy.

PEOPLE DESIGN CO LTD - Analysis Report

Company Number: NI696393

Analysis Date: 2025-07-29 14:05 UTC

Financial Health Assessment Report for PEOPLE DESIGN CO LTD

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1. Financial Health Score: D

Explanation:
The company is classified as dormant, with minimal financial activity and nominal net assets (£100). While being dormant means there is no active trading or operational cash flow, the health score reflects a company in a state of financial “hibernation” rather than active vitality. The absence of financial transactions means no symptoms of distress but also no signs of growth or operational strength.

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2. Key Vital Signs

Vital Sign	Metric	Interpretation
Company Status	Active but Dormant	Registered and compliant but no trading activity, indicating no current revenue generation.
Cash at Bank	£100	Minimal liquidity; sufficient only for administrative expenses.
Net Assets / Shareholder Funds	£100	Reflects nominal share capital; no accumulated profits or losses.
Turnover	£0 (Dormant)	No operational income, typical for dormant status.
Filing Compliance	Up to date	No overdue filings; good governance and compliance present.
Ownership & Control	Single owner (75-100%)	Clear and concentrated control; decision-making centralized.

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3. Diagnosis: Financial Condition Assessment

The financial “vital signs” indicate a company that is currently dormant, akin to a patient in a resting state without active symptoms or treatment. The absence of trading means there is no income, no expenses, and no operational cash flow. The company’s net assets are limited to the nominal value of issued shares (£100), reflecting the initial capital injected at incorporation.

This status is common for newly formed entities intending to start operations at a later stage or holding companies that are not currently trading. The company shows no symptoms of financial distress, such as overdue filings or negative equity, but equally lacks the strength associated with active trading companies (e.g., revenue, profit, working capital).

The single director and 100% owner’s involvement indicates a straightforward governance structure, reducing complexity but also highlighting dependency on one individual’s strategic decisions.

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4. Recommendations: Steps to Improve Financial Wellness

• Activate Operations: If the business intends to trade, initiate commercial activities to generate revenue and build working capital. Dormancy is a neutral financial state; active trading is needed for growth.
• Financial Planning: Develop a budget and cash flow forecast before commencing trading to ensure adequate liquidity and avoid “cash flow illness.”
• Maintain Compliance: Continue timely filing of accounts and confirmation statements to avoid penalties and maintain good standing.
• Capital Injection: Consider whether additional capital is needed to fund start-up costs, as the current cash balance (£100) is minimal.
• Risk Management: If dormant status is intentional, periodically review the company’s position to ensure it remains compliant and financially solvent.
• Professional Advice: Engage with financial or business advisors when planning to move from dormancy to active trading for strategic guidance.

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