RANDOX RESEARCH ENVIRONMENT LIMITED

Executive Summary

Randox Research Environment Limited is a financially dormant entity with minimal assets and no trading activity, maintaining good compliance with filing requirements. While stable and free of distress, the company shows no operational vitality and should regularly assess its strategic purpose. Continued regulatory adherence and readiness plans for any future activation will safeguard its financial health.

RANDOX RESEARCH ENVIRONMENT LIMITED - Analysis Report

Company Number: NI689873

Analysis Date: 2025-07-29 20:02 UTC

Financial Health Assessment for RANDOX RESEARCH ENVIRONMENT LIMITED

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1. Financial Health Score: Grade B

Explanation:
This company is currently classified as dormant, meaning it has no significant financial transactions or trading activity. The minimal financial data available shows a stable but extremely limited financial footprint (net assets of £1). With no operational activity, there are no signs of distress or financial risk, but also no indicators of growth or revenue generation. Hence, the score reflects a stable but inactive financial state.

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2. Key Vital Signs

Vital Sign	Value	Interpretation
Company Status	Active	Company is legally operational but dormant in activity.
Account Category	Dormant	No significant trading or financial transactions.
Net Assets (2024)	£1	Minimal asset base, typical for dormant companies.
Shareholders’ Funds	£1	Reflects initial share capital only, no retained earnings.
Filing Compliance	Up to date	Accounts and confirmation statements filed on time.
Industry Classification	Other human health activities (SIC 86900)	Active in healthcare sector, but no activity reported.

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3. Diagnosis

"Symptoms" Observed:

• The company exhibits the classic signs of dormancy: negligible financial activity, minimal net assets, and no profit/loss movements.
• The balance sheet is essentially static, showing only the initial share capital.
• Filing deadlines are being met, indicating good compliance and governance.
• No financial distress signals such as liabilities, losses, or fluctuating asset values.
• The company’s active status means it can resume operations without the need for reactivation processes.

Underlying Condition:
The company is in a "hibernation" state financially—no symptoms of distress, but also no signs of vitality or operational health. This may be by design, perhaps to preserve a legal entity for future use, protect intellectual property, or for administrative reasons within the group.

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4. Recommendations

• Maintain Dormant Status Vigilantly: Ensure continued compliance with Companies House filing requirements to avoid penalties or forced strike-off.
• Review Purpose Regularly: Consider the strategic purpose of keeping the company dormant. If future operations are planned, prepare for operational and financial readiness.
• Monitor Group Structure: If part of a larger corporate group (as suggested by the Randox branding), align dormant status with group strategy to optimize tax and legal positions.
• Prepare for Reactivation: If resuming trading, develop a financial plan including capital injection, revenue forecasts, and cost management to ensure a healthy "cash flow pulse" when active.
• Consult on Tax Implications: Dormant companies have specific tax filing rules; ensure no filings or payments are overlooked.

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