SORTED GROUP HOLDINGS PLC

1. Financial Health Score: F

This company is in critical condition. An "F" grade indicates severe distress and a high probability of corporate death. The most alarming indicator is the "Active - Proposal to Strike off" status, which is the corporate equivalent of a terminal diagnosis. This means an application has been made to remove the company from the official register, effectively ending its legal existence. Coupled with overdue accounts, an anemic share capital of just £18, and a recent exodus of key officers, the patient has lost healthy circulation and is in the final stages of dissolution.

2. Key Vital Signs

• Corporate Status (The Heartbeat): Active - Proposal to Strike off. This is the most critical vital sign. Instead of a steady, healthy pulse, the company is facing imminent legal death. A strike-off is typically initiated because a company is no longer operating or has failed to meet its statutory duties.
• Share Capital (Blood Pressure): £18.00. Dangerously low. For a Public Limited Company (PLC), this is practically anemic. It suggests the company has no financial reserves or capital base to sustain operations, acting merely as a shell.
• Regulatory Compliance (Immune System): Overdue Accounts. The company's accounts are overdue. This indicates a failure of the corporate immune system—ignoring statutory filing requirements is a classic symptom of a business that has ceased meaningful operations or is severely distressed.
• Leadership Stability (Neurological Health): Recent Resignations. The recent resignations of key officers (a director in Dec 2025, and two secretaries in Jan and June 2026) present like a neurological shutdown. When directors and secretaries depart in quick succession, it often signals that they no longer wish to be legally responsible for the ailing patient.
• Ownership & Control (Genetic Makeup): Barclays Bank Plc (25-50% control). A major bank holding significant voting rights and shares in a near-dormant shell company is an unusual symptom. It frequently points to a historic debt-for-equity swap where the bank assumed control due to default, and is now overseeing the orderly wind-down of the entity.
• Corporate Identity (Medical History): Multiple Name Changes. Previously known as Longships PLC, Proxama PLC, and Location Sciences Group PLC, this company has a history of significant rebranding or pivoting. Frequent identity changes can sometimes mask a history of chronic underperformance or shifting, unsuccessful business models.

3. Diagnosis: Terminal Decline & Dormancy

The financial and legal data reveals a business that has ceased healthy functioning. The combination of a pending strike-off, overdue accounts, and a negligible share capital indicates that Sorted Group Holdings PLC is effectively dormant or non-operational.

The presence of Barclays Bank as a Person with Significant Control (PSC) suggests that the company's fate is being directed by a major creditor rather than an active management team. The recent officer resignations are the final symptoms of a business that is being allowed to expire quietly. The company is no longer trading as a going concern; it is a corporate shell in the process of being cleared from the register.

4. Recommendations: Palliative Care & Creditor Action

• For Potential Creditors (Do Not Resuscitate): Do not extend credit or enter into new contracts with this entity. The risk of non-payment is absolute given the pending strike-off. If you are an existing creditor, you should formally object to the strike-off with Companies House to suspend the dissolution process, which forces the directors to settle debts or face formal insolvency proceedings.
• For Current Directors (End-of-Life Planning): If the strike-off was initiated voluntarily because the company has no remaining assets or liabilities, ensure all outstanding statutory filings are completed to avoid personal penalties. If the strike-off was initiated by Companies House due to non-compliance, you must either apply to suspend it to file the overdue accounts, or let the dissolution run its course—provided there are no outstanding creditor claims that could result in personal liability for wrongful trading.
• For Prospective Partners (Avoid Contact): Treat this company as highly contagious. The business is not operational, and any engagement will likely result in wasted time and resources.