PROVEN STRATEGIES CONSULTING LIMITED

Executive Summary

PROVEN STRATEGIES CONSULTING LIMITED is a newly incorporated dormant company with minimal financial activity and nominal net assets. While its financial health is currently weak due to inactivity, the company is compliant with filing requirements and positioned to commence trading. Activation of operations and financial planning are essential to improve its financial wellness and future viability.

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Company Analysis

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

PROVEN STRATEGIES CONSULTING LIMITED - Analysis Report

Company Number: 15021065

Analysis Date: 2025-07-29 19:49 UTC

Financial Health Assessment Report: PROVEN STRATEGIES CONSULTING LIMITED


1. Financial Health Score: Grade D

Explanation:
PROVEN STRATEGIES CONSULTING LIMITED is classified as a dormant company with minimal financial activity to date. The financial statements show virtually no assets or liabilities beyond a nominal share capital of £1. While this is not inherently problematic for a newly incorporated entity, it indicates the company has yet to engage in active trading or generate revenue. The absence of operational financial data limits our ability to assess profitability, cash flow, or solvency. Hence, the financial health is classified as weak, but not distressed, reflecting an early-stage or inactive business.


2. Key Vital Signs

Metric Value Interpretation
Status Active Company is legally operational
Account Category Dormant No significant transactions during the period
Net Assets £1 Minimal net worth; nominal capital only
Shareholders’ Funds £1 Entirely composed of initial share capital
Director 1 (Rishi Parihar) Single director with full control
Industry Classification Tax consultancy, Bookkeeping activities Professional services sector, dormant currently
Filing Status Up-to-date Compliance with filing deadlines

3. Diagnosis: Financial Condition and Business Health

  • Dormant Status: The company shows "symptoms of rest" — no trading activity, no revenue, and no operational expenses recorded. This is often a deliberate strategy for a start-up, holding company, or a company in pre-operational phase.
  • Balance Sheet "Vital Signs": Net assets of £1 reveal the company has only issued one share of £1. No working capital or fixed assets are recorded, indicating no business operations or investment.
  • Director and Control: Mr. Rishi Parihar holds 100% ownership and voting rights, indicating centralized control but no evidence of external investment or diversification.
  • Financial Records: The company benefits from dormant company exemptions, with no audit required and minimal accounting obligations, reducing administrative burden.
  • Risk Factors: The lack of operational activity means no current financial risk, but also no generation of income or cash flow. This could be seen as a "flatline" condition — stable but inactive. Business viability depends entirely on future activation and trading.

4. Recommendations: Steps to Improve Financial Wellness

  1. Activate Trading Operations:
    To transition from dormant status, begin generating revenue through tax consultancy and bookkeeping services. Healthy cash flow is critical to avoid financial distress.

  2. Financial Planning and Forecasting:
    Develop a detailed business plan with projected income, expenses, and working capital needs. This will help identify capital requirements and growth potential.

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

  4. Capital Injection:
    Consider increasing share capital or securing external funding to finance initial business activities and build net assets.

  5. Risk Management:
    Monitor future liabilities and maintain a positive net current asset position to ensure liquidity and solvency once trading commences.

  6. Governance and Controls:
    With a sole director and controlling shareholder, ensure robust governance and financial controls to prepare for operational scale-up.



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