SIX KEYS PARTNERSHIP LTD
Executive Summary
SIX KEYS PARTNERSHIP LTD is a dormant private limited company with minimal equity and no trading activity over four years, reflecting a very low level of financial health. While administratively compliant, it currently lacks the financial vitality needed for growth or sustainability. To improve its financial condition, the company should clarify its strategic intent and take steps to activate operations or consider restructuring options.
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This analysis is opinion only and should not be interpreted as financial advice.
SIX KEYS PARTNERSHIP LTD - Analysis Report
Financial Health Assessment for SIX KEYS PARTNERSHIP LTD
1. Financial Health Score: D
Explanation:
The company is currently classified as dormant, showing very minimal financial activity and net assets of only £1,000 consistently over four years. This extremely limited financial footprint suggests a "hibernating" business with no active trading or revenue generation. The company’s financial health is thus weak in operational terms, although it is stable in maintaining compliance and minimal equity. The score reflects a company with no active financial vitality but no immediate distress signs either.
2. Key Vital Signs
Metric | Value | Interpretation |
---|---|---|
Company Status | Active | The company is legally operational but not trading |
Account Category | Dormant | No significant financial transactions during the reporting period |
Net Assets | £1,000 | Minimal equity base, unchanged over four years |
Shareholders' Funds | £1,000 | Reflects issued share capital, no retained earnings or losses |
Financial Activity | None | No revenue, expenses, or cash flow activity reported |
Filing Compliance | Up-to-date | Accounts and returns filed on time, no overdue filings |
Director | 1 (Oliver Grant Mathieson) | Single director with control and appointment rights |
Industry Classification | 62090 - IT service activities | Industry with potential but currently dormant |
3. Diagnosis
The financial "vital signs" of SIX KEYS PARTNERSHIP LTD indicate a company in a dormant state, akin to a patient in deep rest or suspended animation. The absence of trading activity means there are no symptoms of distress such as cash flow problems, debts, or losses, but equally, there is no sign of financial growth, profitability, or operational health. The consistent net asset figure of £1,000 represents the initial share capital and no further investment or retained earnings have accumulated. Compliance is strong with timely filing, which is a positive sign of good administrative health.
However, the company's core financial health is limited by inactivity. This could be strategic (e.g., holding company or future project vehicle) or indicative of a business yet to start operations or permanently inactive. Without active trading, the company does not generate cash flow or value, which is a critical symptom to address for future viability.
4. Recommendations
Evaluate Business Strategy: Clarify the purpose of maintaining the dormant company. If the business intends to start operations, prepare a detailed business plan with financial forecasts to transition from dormancy to active trading.
Activate Financial Operations: To improve financial health, initiate trading activities or investments that generate revenue and cash flow. This will provide real financial data to monitor and grow the business.
Monitor Administrative Compliance: Continue timely filing of accounts and confirmation statements to avoid penalties and maintain good standing with Companies House.
Consider Restructuring: If the dormant status is no longer viable, explore options such as sale, merger, or formal closure to avoid ongoing administrative costs without return.
Seek Financial Advice: Engage with a financial advisor or accountant to develop cash flow management, tax planning, and capital raising strategies once the company activates.
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