PICNIC LEARNING LTD

Executive Summary

PICNIC LEARNING LTD is a dormant company with no trading activity since incorporation, reflecting minimal financial engagement. While compliance is maintained, the company currently shows no operational financial health indicators. To improve financial wellness, strategic activation or formal closure is recommended depending on future business intentions.

PICNIC LEARNING LTD - Analysis Report

Company Number: 13518964

Analysis Date: 2025-07-29 13:41 UTC

Financial Health Assessment of PICNIC LEARNING LTD

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1. Financial Health Score:

Grade: D (Dormant Status — Minimal Financial Activity)
Explanation: PICNIC LEARNING LTD is classified as a dormant company with no recorded financial transactions or trading activity since incorporation. Its net assets and shareholders' funds remain constant at £1, reflecting minimal financial engagement. While dormancy itself is not inherently negative, it indicates a lack of operational financial health metrics to analyze, akin to a patient in a resting state with no active symptoms but no vitality either.

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2. Key Vital Signs:

Metric	Value	Interpretation
Account Category	Dormant	No financial transactions during the year; no trading activity.
Net Assets	£1	Minimal asset base; no growth or capital investment.
Shareholders' Funds	£1	Equity equals nominal share capital only.
Filing Status	Up to date	Accounts and returns filed on time; no penalties.
Director	1 (Roya Croudace)	Single director with controlling interest (25-50%).
Industry Classification	Software Development	Potentially high-growth sector, but currently inactive.

Interpretation: The company’s financial vital signs are akin to a patient with a very low metabolic rate—stable but not active. The absence of trading means there are no cash flows, revenues, or expenses to evaluate the company’s operational health.

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3. Diagnosis:

PICNIC LEARNING LTD is currently dormant, showing no signs of active business operations or financial transactions for the last four years since incorporation in 2021. The financial statements reflect only the nominal share capital of £1 with no assets, liabilities, or reserves, indicating a company in "hibernation." This status can be intentional for reasons such as preserving company registration while not conducting business or awaiting future activation.

From a financial wellness perspective, the company exhibits symptoms of inactivity rather than distress. There are no red flags such as overdue filings or negative equity, but the lack of financial data means there is no evidence of operational viability or growth.

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4. Recommendations:

• Consider Activation or Formal Closure: If the company intends to pursue business activities in software development, initiating trading operations and generating financial transactions is essential to transition from dormancy to active operational status. Conversely, if no future use is planned, consider voluntary strike-off to avoid ongoing compliance costs.

• Maintain Compliance: Continue timely filing of dormant accounts and confirmation statements to avoid penalties and maintain good standing with Companies House.

• Strategic Planning: If activation is intended, develop a business plan including capital injection, revenue generation strategies, and investment in assets to build a financial base.

• Monitor Director Responsibilities: The current director holds significant control and should be aware of the legal and financial obligations associated with transitioning the company out of dormancy.

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