ST EVAL KART CIRCUIT LIMITED

Executive Summary

ST EVAL KART CIRCUIT LIMITED is currently dormant with minimal financial activity and a clean balance sheet, reflecting a stable and risk-free financial position. The company complies fully with filing obligations and shows no signs of financial distress. Moving forward, careful planning and financial management will be critical as the company transitions into active trading.

ST EVAL KART CIRCUIT LIMITED - Analysis Report

Company Number: 15611654

Analysis Date: 2025-07-29 12:51 UTC

Financial Health Assessment: ST EVAL KART CIRCUIT LIMITED

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1. Financial Health Score: A

Explanation:
The company is currently classified as dormant, with minimal financial activity and a clean balance sheet reflecting nominal net assets and cash. This status indicates a "healthy rest" phase with no immediate financial stress or operational activity. The "A" grade reflects a stable, low-risk financial position typical of a newly incorporated dormant entity.

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2. Key Vital Signs

Metric	Value	Interpretation
Status	Active	Company is legally active but not trading
Account Category	Dormant	No significant financial transactions recorded
Cash at Bank	£1	Nominal cash balance typical for dormant company
Net Assets	£1	Reflects initial share capital, no liabilities or assets
Shareholders’ Funds	£1	Equity corresponds to issued share capital
Filing Status	Up to date	No overdue accounts or confirmation statements
Control	100% owned by Cornwall Karting Limited

Interpretation:
The company exhibits vital signs consistent with a dormant status: minimal cash, net assets equal to the initial share capital, and no debts or liabilities. The prompt and accurate filing of accounts and returns indicate responsible governance. No operational symptoms such as cash flow distress or accumulated losses are present.

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3. Diagnosis

ST EVAL KART CIRCUIT LIMITED is in a quiescent (dormant) stage, akin to a patient resting before treatment begins or a business in incubation. There are no financial pressures or operational activities recorded to date, which is normal for a company incorporated recently (April 2024) and yet to commence trading. The balance sheet is clean, showing no liabilities or assets beyond the nominal share capital.

The sole director and controlling entity appear in good standing, and compliance obligations are met timely, suggesting no governance or regulatory complications.

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4. Prognosis

If the company transitions from dormant to active trading in the future, its financial health will depend on the management of cash flows, working capital, and profitability as operations commence. For now, the dormant status is a healthy baseline with no symptoms of financial distress.

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5. Recommendations

• Maintain Dormant Status or Begin Operations with Care: If the company plans to start trading, establish robust cash flow management and financial controls to avoid future liquidity issues.
• Timely Filings: Continue prompt submission of accounts and confirmation statements to avoid penalties and maintain good standing.
• Monitor Ownership and Governance: Given the controlling interest by Cornwall Karting Limited, ensure transparency and proper oversight as operations develop.
• Prepare for Growth: Develop a financial plan and budgeting process aligned with the company’s strategic goals once trading commences.
• Seek Professional Advice on Activation: Before moving from dormant to active, consider financial and tax implications with expert consultation.

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