SOLEGUARD LTD

Executive Summary

SOLEGUARD LTD is currently a dormant private limited company with minimal financial activity, reflected by negligible cash and net assets. While compliant with filing obligations, the company shows no signs of operational vitality. To improve financial health, it must infuse capital, activate trading, and implement a clear business strategy to move from dormancy to sustainable operation.

SOLEGUARD LTD - Analysis Report

Company Number: 13160985

Analysis Date: 2025-07-29 20:25 UTC

Financial Health Assessment Report for SOLEGUARD LTD

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1. Financial Health Score: Grade F

Explanation:
SOLEGUARD LTD is currently classified as a dormant company with extremely minimal financial activity, reflected in consistently negligible net assets (£2) and cash balances (£1). The absence of operational financial data and trading activity signifies a lack of vitality in business operations, akin to a patient in a state of suspended metabolic activity. This dormancy indicates the company is not generating revenue, incurring expenses, or engaging in meaningful transactions, which severely limits its financial health and growth potential.

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2. Key Vital Signs

Metric	Value	Interpretation
Company Status	Active	Company is still legally operational
Account Category	Dormant	No significant financial transactions
Net Assets (2024)	£2	Extremely low net worth; minimal equity backing
Cash at Bank (2024)	£1	Virtually no liquidity; no cash flow
Share Capital	£100	Minimal initial investment
Directors	2 Current, 1 Resigned	Leadership present but limited activity
Industry Classification	Retail (non-store)	Sector not currently active in operations
Filing Compliance	Up to date	No overdue returns or accounts
Previous Name	Changed in Dec 2024	Possible rebranding or restructuring

Interpretation:
The vital signs reveal a company in a state of financial hibernation. The negligible cash and net asset levels reflect absence of operational activity, which, if prolonged, can risk the company’s viability should it attempt to trade without fresh funding. However, compliance with filing obligations shows administrative discipline.

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3. Diagnosis

SOLEGUARD LTD exhibits the "symptoms" of a dormant entity with no trading activity or financial turnover. This is akin to a patient who is stable but not active, requiring no immediate intervention but also showing no signs of growth or vitality. The company’s financial statements confirm that it has taken advantage of the dormant company exemption under the Companies Act 2006, indicating no income or expenditure during the reporting period.

There is no evidence of operational cash flow, profitability, or asset accumulation. The very low net assets and cash on hand are insufficient to support any meaningful business activity or absorb unforeseen expenses. The change of company name from ZAKALO LTD to SOLEGUARD LTD in late 2024 could suggest intentions to reposition or restart operations, but currently, the company remains financially inert.

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4. Recommendations

To transition from dormancy and improve financial wellness, the following steps are advised:

• Capital Injection: Introduce fresh equity or secure financing to build working capital and support initial operational expenses.
• Business Plan Development: Establish a clear, actionable business strategy outlining revenue generation, cost management, and market positioning.
• Active Trading Commencement: Initiate commercial activities aligned with the classified SIC code (retail not in stores) to generate sales and cash flow.
• Financial Monitoring: Implement robust accounting and cash flow monitoring to detect early signs of financial distress or opportunities.
• Director Engagement: Leverage the skills of current directors to drive business development and operational oversight actively.
• Review of Dormant Status: Upon commencement of trading, ensure timely transition from dormant status to active financial reporting, including submission of full accounts.

Without these interventions, the company risks prolonged inactivity that may lead to dissolution or loss of business opportunities.

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