SQUARE RED APPLES LTD

Executive Summary

SQUARE RED APPLES LTD is currently a dormant company with nominal share capital and no active trading or financial transactions. The company’s financial health is stable but inactive, reflecting a static balance sheet with no signs of operational vitality or distress. To improve its financial wellness, the company should consider activating trading operations with robust financial controls or evaluate the viability of continued dormancy.

SQUARE RED APPLES LTD - Analysis Report

Company Number: 13250023

Analysis Date: 2025-07-29 15:07 UTC

Financial Health Assessment for SQUARE RED APPLES LTD

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1. Financial Health Score: D

Explanation:
The company is classified as dormant, with minimal financial activity and no trading operations reported since incorporation. The balance sheet remains constant, showing only nominal share capital with no assets or liabilities beyond this. This reflects a financial state akin to a patient in complete rest with no active metabolism—no cash flow, no income, no expenses—thus no signs of financial vitality or distress but also no operational health.

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2. Key Vital Signs

Metric	Value	Interpretation
Company Status	Active	Company legally active but not trading or operational.
Account Category	Dormant	No significant financial transactions during the year.
Net Assets	£100	Nominal share capital only; no operational assets/liabilities.
Share Capital	£100	Minimal capital, typical for dormant entities.
Cash Flow	N/A	No trading, so no cash inflow or outflow recorded.
Filing Compliance	Up to date	No overdue filings; company complies with regulatory requirements.
PSC Structure	Multiple owners with majority control held by Ruben Reyes Gil	Ownership structure stable but no operational impact yet.

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3. Diagnosis: Financial Condition Summary

SQUARE RED APPLES LTD is in a state of financial dormancy—a company that has been registered and maintained without engaging in trading or active business operations. It shows no revenue, no expenses, no assets beyond the nominal share capital, and no liabilities. This is analogous to a patient in a medically induced coma: alive and maintained, but with no physiological activity. The balance sheet is static, showing no growth or decline, indicating neither financial distress nor financial health in business terms.

The company’s vital signs (financial metrics) reveal no symptoms of distress such as debt pressure, liquidity issues, or operational losses. However, the absence of active financial transactions means it is not generating cash flow or profits, which is essential for long-term viability if the company intends to conduct business in the future.

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4. Recommendations: Steps to Improve Financial Wellness

• Activate Operations or Consider Closure:
  If the company intends to begin trading, it should prepare for operating cash flows, budgeting, and financial planning to transition from dormancy to active status. This will involve setting up operational accounts, managing working capital, and monitoring profitability.

• Financial Planning and Cash Flow Management:
  Once active, establish robust bookkeeping and cash flow monitoring systems to prevent symptoms of financial distress like liquidity shortages or unmanageable payables.

• Regular Compliance Maintenance:
  Maintain timely filings to avoid penalties and demonstrate good governance, which is already on track.

• Review Ownership and Governance:
  Ensure that the control structure and director responsibilities align with strategic objectives. Since the company currently has multiple PSCs with significant ownership stakes, clarity on roles and plans is important.

• Consider Tax and Legal Advice:
  If reactivation is planned, seek professional advice to optimize tax position and ensure compliance with employment, VAT, and corporation tax requirements.

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