SNACH CONSULTING LIMITED
Executive Summary
SNACH CONSULTING LIMITED is currently a dormant company with nominal financial activity and minimal assets, reflecting an inactive business status. While compliant with filings, its financial health score is low due to inactivity rather than distress. To improve financial wellness, the company should clarify its operational intentions and prepare adequate capital and financial controls before commencing trading.
View Full Analysis Report →Company Analysis
This analysis is opinion only and should not be interpreted as financial advice.
SNACH CONSULTING LIMITED - Analysis Report
Financial Health Assessment for SNACH CONSULTING LIMITED
1. Financial Health Score: D
Explanation:
The company is currently classified as dormant, showing minimal financial activity and extremely limited financial resources. While it is not in distress, its financial "vital signs" indicate a very low level of operational activity and capitalisation. This grade reflects the absence of active trading signals rather than financial distress.
2. Key Vital Signs
Metric | Latest Value (2023) | Interpretation |
---|---|---|
Company Status | Active, Dormant | No trading activity; minimal financial transactions |
Net Assets | £2 | Extremely low asset base; essentially nominal equity |
Cash at Bank | £2 | Barely any cash reserves; no working capital |
Share Capital | £1 | Minimal initial capital investment |
Account Category | Dormant | Exempt from full accounts filing; no trading activity |
Filing Compliance | Up to date | No overdue returns or accounts filings |
Interpretation:
- The company has been dormant since incorporation, with no meaningful trading or financial activity.
- The cash and net assets are nominal (£2), indicating no operational funds, investments, or retained earnings.
- The filing compliance is healthy, showing timely submission of dormant accounts and returns.
- The company’s financial "pulse" is very weak due to inactivity but stable in terms of regulatory compliance.
3. Diagnosis: Financial Condition and Business Health
The financial "symptoms" here clearly indicate a company that has not commenced active business operations or has ceased trading early in its life. The absence of revenues, expenses, and meaningful assets suggests the company is in a state of dormancy, maintaining only the minimum statutory existence.
This is akin to a patient in a medically induced coma: the business is "alive" legally but shows no signs of metabolic activity (trading). The financial records reveal no symptoms of distress such as debt, losses, or liquidity problems because there are no operations to generate such issues.
However, this also means the company currently lacks the financial strength or resources to pursue growth or investment without fresh capital injection or reactivation.
4. Recommendations: Actions to Improve Financial Wellness
Assess Business Purpose: Confirm whether the company intends to remain dormant or to begin active trading. If trading is planned, prepare for initial capital needs and operating expenses.
Capital Injection: If activating, consider increasing share capital or securing loans/funding to build a healthy cash flow and working capital buffer.
Financial Planning: Develop a simple budget and cash flow forecast to guide initial trading periods and avoid liquidity shocks.
Regulatory Compliance: Continue timely filing of accounts and confirmation statements to maintain good standing.
Operational Setup: If starting operations, establish bookkeeping and financial controls early to monitor "vital signs" like revenue, expenses, and cash flow.
Monitoring: Regularly review key financial metrics once trading begins to detect any symptoms of financial stress early.
More Company Information
Recently Viewed
Follow Company
- Receive an alert email on changes to financial status
- Early indications of liquidity problems
- Warns when company reporting is overdue
- Free service, no spam emails Follow this company