SPENCER ROAD (FREEHOLD) LIMITED

Executive Summary

SPENCER ROAD (FREEHOLD) LIMITED is currently in a dormant financial state with minimal assets and no operational activity, reflected by a net asset value of £6 and no employees. The company is essentially inactive, posing a critical financial health concern if the intent is to trade. To improve its financial wellness, the company should clarify its business objectives, consider capital investment, and initiate operational activities or formally maintain dormancy if inactivity is intended.

SPENCER ROAD (FREEHOLD) LIMITED - Analysis Report

Company Number: 13588244

Analysis Date: 2025-07-20 19:16 UTC

Financial Health Assessment Report for SPENCER ROAD (FREEHOLD) LIMITED

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1. Financial Health Score: F (Critical Concern)

Explanation:
The company's financial "vital signs" indicate a dormant or inactive state with negligible assets and no operational activity. A net asset value of £6 over multiple years, zero employees, and classification as a dormant company point to a lack of business operations or revenue generation. This is akin to a patient exhibiting symptoms of complete inactivity or "flatlining" financially. The company is not generating cash flow nor building equity, placing it in a critical condition if the intention is to operate as a going concern.

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2. Key Vital Signs

Metric	Value	Interpretation
Net Assets	£6 (constant since 2021)	Virtually no equity or capital; company is not building financial strength.
Total Assets Less Current Liabilities	£6	No substantive assets beyond nominal capital; no working capital buffer.
Employees	0	No workforce indicating no active operations or business activity.
Account Category	Micro	Smallest reporting category, minimal reporting requirements, consistent with inactivity.
SIC Code	99999 (Dormant)	Official classification as dormant; company is not conducting business activities currently.
Directors	Multiple appointed, recent changes	Frequent director changes may indicate administrative activity but no operational progress.
Shareholders Funds	£6	No accumulated profits or reserves, indicating no earnings or reinvestment.

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3. Diagnosis

The company presents symptoms of dormancy rather than active business health. Its financial statements reveal a flatline condition: no revenues, no employees, and no meaningful assets or liabilities beyond the nominal share capital. This is consistent with a company that has been formed but not operationalized, or one that is holding an asset without trading activity.

The presence of multiple directors with non-business occupations (dentist, nurse, emergency care technician) and the absence of any trading classification or income also suggests the company is not currently functioning as a commercial enterprise.

In medical terms, the company’s financial health is akin to a patient in remission or induced coma — alive legally but inactive operationally. Without intervention or a strategic change, it will remain in this state indefinitely.

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4. Recommendations

• Clarify Business Intentions: If the company intends to become active, it is critical to develop and execute a business plan that will generate revenue, assets, and employment.
• Capital Injection: Consider increasing capital and investing in assets to provide a foundation for operational activity.
• Operational Launch: Initiate commercial activities aligned with a clear SIC code reflecting the intended business sector.
• Governance Stability: Stabilize management and director appointments to ensure consistent leadership focused on business development.
• Monitor Compliance: Continue timely filing of accounts and confirmation statements to maintain good standing.
• Consider Dormancy Formalization: If inactivity is intentional and indefinite, consider formal dormancy status to reduce compliance burdens and avoid unnecessary filings.
• Financial Monitoring: Once active, regularly monitor financial "vital signs" such as cash flow, working capital, and profitability to detect early "symptoms" of distress.

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