PRIME INSULATION LTD

Executive Summary

PRIME INSULATION LTD is currently a dormant company with no financial activity beyond its initial share capital. While there are no signs of distress, the company’s financial health is limited by its inactivity. To improve financial wellness, the company should focus on commencing operations, generating cash flow, and building financial metrics that reflect business vitality and sustainability.

PRIME INSULATION LTD - Analysis Report

Company Number: 15220859

Analysis Date: 2025-07-29 13:06 UTC

Financial Health Assessment Report for PRIME INSULATION LTD

---

1. Financial Health Score: Grade D

Explanation:
PRIME INSULATION LTD is a newly incorporated private limited company classified as dormant, with minimal financial activity reflected in its accounts. The company currently holds only £1 in cash and net assets, indicating essentially no operational or trading activity. While not exhibiting distress symptoms, the absence of meaningful financial data limits the ability to assess genuine business health. The grade "D" reflects a very early-stage, inactive business with no financial momentum.

---

2. Key Vital Signs

Metric	Value	Interpretation
Company Status	Active	The company is registered and operating but dormant in terms of financials.
Accounting Category	Dormant	No significant transactions during the reported financial year.
Cash at Bank and in Hand	£1	Minimal liquidity; reflects no operational cash flow.
Net Assets	£1	Equity solely represented by the initial share capital; no retained earnings or liabilities.
Shareholders' Funds	£1	Mirrors net assets; no accumulated reserves or losses.
Financial Year End	31 Oct 2024	Recent accounting period, but dormant status means no trading activity.
Director & PSC	Single director/PSC with 75-100% control	Concentrated ownership and control, typical for start-ups or dormant entities.
Industry Classification	SIC 43290 (Other construction installation)	Indicates intended business activity once operational.

---

3. Diagnosis

PRIME INSULATION LTD currently exhibits the financial profile of a dormant start-up with no trading activity or operational cash flow—akin to a patient in a state of rest before active treatment begins. The company's balance sheet shows only the initial £1 share capital as an asset and equity, with no liabilities or revenues. This reflects the company's inactive status rather than financial distress.

No symptoms of financial stress such as negative working capital, losses, or overdue filings are present. However, the absence of activity means there is no positive cash flow, profitability, or asset growth to provide vitality to the business. Essentially, the company is in a baseline "health check" state awaiting activation for trading or investment.

---

4. Recommendations

• Activate Business Operations: To move from dormancy to financial vitality, initiate trading activities aligned with the construction installation sector. This will generate cash flow and begin building working capital.

• Financial Planning: Develop a clear business plan with projections to ensure initial expenses and capital requirements are managed to avoid liquidity constraints.

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

• Build Financial Metrics: Once active, track key vital signs such as cash flow, net current assets, and profitability to monitor health and diagnose potential issues early.

• Consider Funding Needs: Evaluate potential sources of capital or credit to support initial growth phases, avoiding over-reliance on personal funds.

---