PROVISIONER LTD

Executive Summary

PROVISIONER LTD is currently in a dormant state with minimal financial activity, showing only nominal share capital on its balance sheet. The company is compliant with filing requirements and controlled entirely by a single director. To improve financial health, the company should initiate trading, plan finances carefully, and maintain governance discipline as it develops its IT consultancy business.

PROVISIONER LTD - Analysis Report

Company Number: 14779970

Analysis Date: 2025-07-20 16:09 UTC

Financial Health Score: D (Dormant Status Limits Assessment)
Explanation: PROVISIONER LTD is a newly incorporated company that has filed dormant accounts, showing minimal financial activity with only £1 in cash and net assets. While there is no sign of financial distress, the lack of operational data limits the ability to assess financial health comprehensively. Dormant status inherently indicates no trading or financial transactions, so the score reflects a baseline position rather than active business vitality.

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Key Vital Signs

Metric	Value	Interpretation
Company Age	1 year	Very early stage, limited historical data
Status	Active	Company is currently registered and operating
Account Category	Dormant	No significant trading or financial activity
Cash at Bank	£1	Minimal cash, typical for dormant companies
Net Assets	£1	Reflects issued share capital only
Shareholder Funds	£1	Equity corresponds to nominal share capital
Director	1 (Callum Hester, CEO)	Sole director and significant controller (75-100% shares)
SIC Code	62020	IT consultancy sector; potential for future operations

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Symptoms Analysis

• Dormant Accounts: The company has not engaged in trading or incurred liabilities, hence the balance sheet shows only nominal share capital and trivial cash. This is typical for companies in their setup phase or holding companies.
• Minimal Financial Data: With just £1 in net assets and cash, there is no cash flow, revenue, or expenses to assess operational health or profitability.
• Single Director and Controller: Mr. Callum Hester controls the company entirely, indicating centralized decision-making but also risk concentration.
• Compliance: All filings are up to date, with no overdue accounts or confirmation statements, indicating good governance compliance so far.
• Industry Classification: The company is classified under IT consultancy, suggesting potential for future trading activity once operational.

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Diagnosis

PROVISIONER LTD currently shows the "symptoms" of a dormant startup or holding entity, with no active business transactions recorded. Financially, it is neither healthy nor distressed—it simply has no financial operations yet. The company's balance sheet reflects only the initial capital injection (£1 share capital). This is a neutral baseline state rather than an indicator of business success or failure.

The centralized control with a single director and shareholder is not unusual for early-stage private limited companies but does imply dependence on one individual's vision and capability. The company is compliant with filing obligations, which is a positive governance sign.

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Prognosis

If PROVISIONER LTD intends to commence trading in the IT consultancy sector, the current dormant status is a preparatory phase. The financial outlook depends entirely on the company starting operations, generating revenue, and managing costs effectively.

Without trading history, the company’s future financial health will hinge on:

• Capital infusion or financing to fund initial operations.
• Ability to secure clients and generate income.
• Effective cost management to avoid early cash flow strain.
• Maintaining compliance and sound governance as it grows.

If these factors are met, the company could transition from dormant to active and build a financially healthy profile. Conversely, prolonged dormancy might limit its potential.

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Recommendations

1. Initiate Trading Activities: To move beyond dormant status, the company must start generating business income and maintain accounting records accordingly.
2. Maintain Strong Governance: Continue timely filing of accounts and confirmation statements to avoid penalties and maintain credibility.
3. Financial Planning: Prepare a budget and cash flow forecast to ensure sufficient liquidity once operations commence.
4. Consider Additional Capital: If needed, raise funds to support initial expenses such as marketing, infrastructure, and employee costs.
5. Risk Management: Since control is consolidated, consider advisory support or appoint additional directors for broader oversight.
6. Monitor Compliance: Stay aware of filing deadlines and legal obligations as the company transitions to an active status.

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