PRECISEFIT STAFFING SOLUTIONS LTD

Executive Summary

PRECISEFIT STAFFING SOLUTIONS LTD is currently dormant with no financial activity, reflecting a stable but inactive financial state. Compliance with filing obligations is strong, but the company shows no operational revenue or assets yet. To progress towards financial health, the company should focus on commencing trading activities and establishing cash flow and capital management.

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Company Analysis

This analysis is opinion only and should not be interpreted as financial advice.

PRECISEFIT STAFFING SOLUTIONS LTD - Analysis Report

Company Number: 14785836

Analysis Date: 2025-07-20 11:43 UTC

Financial Health Assessment: PRECISEFIT STAFFING SOLUTIONS LTD


1. Financial Health Score: Grade C (Neutral)

Explanation:
The company is currently dormant with no financial activity recorded, resulting in neutral financial metrics (zero assets, liabilities, and equity). While this indicates no immediate distress (“symptoms of financial illness”), it also means there is no active revenue generation or operational progress yet. The company’s financial health cannot be fully assessed until trading commences and financial data becomes available.


2. Key Vital Signs

Metric Value Interpretation
Turnover (Revenue) £0 No trading activity recorded yet; dormant status confirmed.
Net Assets £0 No assets or liabilities, typical for a dormant company.
Current Liabilities £0 No short-term debts; no financial stress signals.
Shareholders’ Funds (Equity) £0 No capital injections beyond share capital; no retained earnings.
Employees 0 No staff employed; company not operational yet.
Filing Compliance Up to date Accounts and confirmation statements filed on time; no penalties.

Interpretation:
The company is in a state of financial suspended animation—no operations, no cash flow, no debts. This “healthy stasis” means no risk of insolvency but also no growth or income generation. The sole director and majority shareholder controls 75-100% ownership, indicating centralized decision making.


3. Diagnosis

  • Dormant Status: PRECISEFIT STAFFING SOLUTIONS LTD has elected to remain dormant during its first financial year, as evidenced by zero reported assets, liabilities, or income. This is common for newly incorporated companies that may be preparing to trade or awaiting funding.
  • Financial Symptoms: Absence of financial activity means there are no symptoms indicative of distress, such as cash flow shortages, rising debts, or operational losses. Equally, there is no sign of financial vitality from operations or investment.
  • Governance: The company demonstrates good compliance health with filings made on time and proper director appointments.
  • Business Model Outlook: The company’s SIC codes suggest it plans to operate in educational support and temporary employment agency activities, sectors which can provide stable revenue streams once active.

Overall, the company's financial health resembles a patient in a stable, dormant state—no ailments but also no active metabolism yet.


4. Recommendations

To improve financial wellness and prepare for active trading:

  1. Start Generating Revenue: Begin operational activities aligned with the company’s planned sectors to create positive cash flows and build assets.
  2. Maintain Compliance: Continue timely filing of accounts and confirmation statements to avoid penalties—this is a strong foundation.
  3. Capital Planning: Consider injecting working capital or securing funding to support initial expenses such as marketing, staff recruitment, and operational setup.
  4. Financial Monitoring: Once trading starts, implement monthly cash flow monitoring to detect early symptoms of financial stress and adjust strategies accordingly.
  5. Governance: Ensure director(s) maintain strong oversight of financial and operational risks; consider appointing additional officers if growth necessitates.
  6. Strategic Planning: Develop a clear business plan and budget to guide growth and measure financial health through key performance indicators (KPIs).


More Company Information


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