ROLL PHOENIX LTD
Executive Summary
ROLL PHOENIX LTD is currently a dormant company with minimal financial activity and nominal assets, reflecting a suspended operational state. While there are no signs of financial distress, the company lacks the financial vitality to support active trading without new capital or business activity. Maintaining legal compliance and planning for future activation are key to improving its financial health.
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This analysis is opinion only and should not be interpreted as financial advice.
ROLL PHOENIX LTD - Analysis Report
Financial Health Assessment of ROLL PHOENIX LTD
1. Financial Health Score: D
Explanation:
The grade D reflects a company in a dormant status with minimal financial activity and extremely limited financial data. The company's financial "vital signs" show negligible assets, no operating revenues or expenses, and no active trading. While the company maintains compliance with filing requirements, the lack of operational financial data signals very limited business activity, which constrains its financial health evaluation.
2. Key Vital Signs
Metric | Value (£) | Interpretation |
---|---|---|
Share Capital | 2 | Nominal amount indicating minimal initial funding |
Cash at Bank | 2 | Extremely low cash reserves, essentially symbolic |
Net Assets | 2 | Net assets mirror share capital; no growth |
Current Assets | 2 | No working capital available |
Net Current Assets | 2 | Reflects absence of liabilities and assets |
Account Status | Dormant | No significant transactions or trading activity |
Interpretation:
The company’s financial "vital signs" are analogous to a patient in deep hibernation or a state of suspended animation — the business shows no active metabolic (financial) activity. There is no cash flow, no trading income, no expenses, and virtually no assets beyond the nominal share capital. This status is typical for a company legally maintained but not currently conducting business operations.
3. Diagnosis
Underlying Business Health:
ROLL PHOENIX LTD is a dormant company, meaning it has not engaged in any financial transactions and has not conducted active business during the latest financial year. The absence of assets, liabilities, revenues, and expenses indicates that the company is currently inactive operationally. From a financial health perspective, this state is neutral — there are no symptoms of financial distress such as debt, losses, or cash flow problems; however, there are also no signs of financial vitality or growth.
Risks and Concerns:
- The company's minimal financial base places it in a vulnerable position should it need to activate operations quickly.
- Lack of cash reserves beyond £2 signals no immediate capacity for investment or operational expenses.
- As a dormant company, ongoing compliance with filing and reporting is essential to avoid penalties and maintain legal status.
4. Recommendations
- Activate Business Operations: If the intention is to grow or trade, the company should inject capital or assets beyond the nominal share capital and begin operational activities to generate cash flow.
- Maintain Compliance: Continue timely submission of dormant company accounts and confirmation statements to avoid legal complications or penalties.
- Consider Financial Planning: If future trade is planned, establish a clear financial plan including working capital requirements, potential funding sources, and anticipated expenses.
- Evaluate Business Purpose: If the company is intended as a holding vehicle or for future use, ensure it remains fit for purpose by maintaining minimal necessary compliance and preparing for eventual activation.
- Monitor Director Responsibilities: Directors should remain aware of their legal obligations even during dormancy, including record-keeping and compliance with Companies House regulations.
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