PHILIP & CHARLES LIMITED

Executive Summary

PHILIP & CHARLES LIMITED is a dormant private limited company with minimal financial activity and low asset levels, indicating a stable but inactive financial state. To improve its financial health, the company should commence trading operations, build working capital, and implement strategic financial planning. With these steps, it can transition from dormancy to active business growth.

PHILIP & CHARLES LIMITED - Analysis Report

Company Number: 14470315

Analysis Date: 2025-07-20 11:44 UTC

Financial Health Assessment for PHILIP & CHARLES LIMITED

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1. Financial Health Score: D

Explanation:
PHILIP & CHARLES LIMITED is currently classified as a dormant company with minimal financial activity. While this status means there are no active operations causing financial strain, it also implies no revenue generation or business growth. The health score "D" reflects a company in a state of financial dormancy—not distressed but not actively healthy or expanding.

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2. Key Vital Signs

Metric	Value	Interpretation
Company Status	Active	The company is legally registered and capable of trading.
Account Category	Dormant	No significant financial transactions in the last financial year.
Cash at Bank	£200	Very limited liquid resources, indicating minimal operational activity.
Net Assets	£200	Low equity base, reflecting no business expansion or asset accumulation.
Shareholder Funds	£200	Equity solely from share capital; no retained earnings or reserves.
Directors	2	Active management presence, with professional and entrepreneurial backgrounds
Industry Classification	Mixed (services, employment, wholesale)	Diverse SIC codes suggest broad intended activities but no current trading.

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3. Diagnosis: Financial Condition Analysis

PHILIP & CHARLES LIMITED presents the classic "symptom" of a dormant company: very low cash and net asset levels, with no recorded operational income or expenses. This state means the company is essentially "asymptomatic" financially — there are no signs of distress such as debts or losses, but equally, there is no evidence of healthy cash flow or growth momentum.

The presence of two directors with distinct professional backgrounds suggests readiness to activate business operations when chosen. However, the absence of trading activity and minimal financial movement indicates the company is currently in a preparatory or holding phase rather than an actively operating business.

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4. Recommendations: Prescriptions for Financial Wellness

• Activate Operations: To transition from dormancy, the company should begin planned trading activities aligned with its SIC codes (service activities, employment agency, wholesale). This will generate revenue and build financial strength.

• Build Working Capital: Even at start-up phase, securing initial funding to increase cash reserves beyond the nominal £200 will provide a buffer for operational expenses and prevent liquidity symptoms such as cash flow shortages.

• Maintain Accurate Records: Ensure compliance with accounting and filing requirements continues, especially when trading begins, to avoid penalties and preserve corporate health.

• Strategic Planning: Develop a clear business plan that sets financial targets, such as revenue milestones and expense budgets, to monitor the company's metabolic rate and detect early signs of financial distress or vitality.

• Engage Financial Advice: Seek ongoing financial consultation to implement good financial practices, manage taxation efficiently, and optimize capital structure as operations expand.

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Medical Analogy Summary:

PHILIP & CHARLES LIMITED is currently in a "financial hibernation" state — stable but inactive, with vital signs (cash and net assets) at minimal levels. There are no "symptoms of distress" such as liabilities or losses, but also no "signs of vitality" like positive cash flow or asset growth. The company is poised for activation but needs to "wake up" through operational engagement and capital infusion to improve its financial health.

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