RELIANT SOLUTIONS LTD

Executive Summary

RELIANT SOLUTIONS LTD remains in a dormant state with minimal financial activity and nominal net assets, indicating it has not yet commenced trading. While there are no signs of financial distress, the company’s financial health is fragile due to lack of operational cash flow and business activity. Moving forward, initiating operations, securing capital, and robust financial planning are essential to transition from dormancy to a financially healthy trading company.

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Company Analysis

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

RELIANT SOLUTIONS LTD - Analysis Report

Company Number: SC730290

Analysis Date: 2025-07-29 20:49 UTC

Financial Health Assessment Report: RELIANT SOLUTIONS LTD


1. Financial Health Score: D

Explanation:
The company is in an extremely early or inactive stage as indicated by its dormant status and minimal financial activity. The financials show negligible cash and net assets (£1), signaling no operational revenues or expenses. This is akin to a patient in a coma or pre-operative state—no active symptoms but not yet demonstrating vitality or growth. While there is no immediate distress, the company’s financial health is fragile due to inactivity and lack of measurable business operations.


2. Key Vital Signs

Metric 2024 Value Interpretation
Status Active Company is registered and not dissolved.
Account Category Dormant No significant financial activity during the year.
Cash at Bank £1 Virtually no liquid assets; no operational cash flow.
Net Assets £1 Minimal equity; no asset base to support operations.
Shareholders’ Funds £1 Equity reflects only nominal share capital.
Filing Compliance Up to date No overdue filings; good regulatory hygiene.
Directors Appointed 4 (2 current) Recent changes in directors may signal restructuring or preparation for trading.
Industry Classification Residential care, employment placement Business area indicates potentially capital intensive, service-driven sector.

3. Diagnosis

RELIANT SOLUTIONS LTD is currently a dormant company with minimal financial activity, showing symptoms of a business in a pre-operational or hibernation phase. The financial “vital signs” indicate no active trading or cash movement. The company’s balance sheet is essentially nominal, with only £1 in cash and equity, reflecting that it has not yet commenced substantive operations or generated revenue.

The presence of multiple directors added recently and a clear industry classification in residential care and employment placement suggests the company may be gearing up for future business activity. However, from a financial health perspective, the company lacks operational cash flow, assets, or capital investment—key indicators of a healthy, trading business.

There is no evidence of financial distress or insolvency (“symptoms of distress”), but the lack of activity means the company is not generating value or demonstrating business vitality at this stage.


4. Recommendations

  • Activate Operations: To move beyond dormancy, the company should focus on initiating trading activities and generating revenue streams aligned with its classified industry sectors (residential care, employment placement). This will improve cash flow and build operational history.

  • Capital Injection: Consider additional capital contributions or securing financing to fund initial operations, invest in fixed assets, and support working capital needs. Healthy cash reserves are critical for sustaining early-stage business activities.

  • Financial Record Keeping: Maintain accurate and timely accounting records to track financial performance as trading begins. This will provide early warning signs of financial stress and support strategic decision-making.

  • Strategic Planning: Develop a detailed business plan outlining target markets, service offerings, projected cash flow, and investment requirements. This acts as a “health roadmap” for company growth.

  • Monitoring Director Changes: Ensure clarity and communication among directors, especially given recent appointments, to maintain strong governance and accountability.



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