STRONGREACH LIMITED
Executive Summary
STRONGREACH LIMITED is a newly formed, dormant private limited company with minimal financial activity and no operational history. Current solvency and liquidity risks are low given the absence of trading and liabilities. Key considerations for investors include the company’s future business plans and capitalisation once it begins trading.
View Full Analysis Report →Company Analysis
This analysis is opinion only and should not be interpreted as financial advice.
STRONGREACH LIMITED - Analysis Report
- Risk Rating: LOW
Justification: STRONGREACH LIMITED is a newly incorporated private limited company registered in March 2023 and classified as dormant for its first financial year ending March 2024. The filed dormant accounts show minimal financial activity with nominal cash and equity balances (£100). There are no overdue filings or indications of distress. Given the absence of trading activity, solvency and liquidity risks are presently very low.
- Key Concerns:
- Dormant Status: The company has not commenced trading or operations, which means there is no revenue generation or operational history to assess sustainability.
- Minimal Financial Resources: Cash and net assets stand at £100, indicating no working capital buffer if operations were to commence imminently.
- Limited Financial History: Being a new and dormant entity, there is no track record to evaluate financial management, profitability, or business viability.
- Positive Indicators:
- Compliance: All statutory filings (accounts and confirmation statements) are up to date with no overdue documents reported.
- Clear Governance: Directors and persons with significant control are identified, with no adverse records noted; this supports transparency.
- Clean Financial Position: No liabilities or debts are disclosed, consistent with dormant status, implying no current solvency issues.
- Due Diligence Notes:
- Investigate Business Plan and Timing: Determine the intended business activities, planned commencement of trading, and capital injection strategy.
- Monitor Future Filings: Review next accounts and confirmation statements once trading begins to assess operational performance and financial health.
- Assess Director Backgrounds: Although no red flags are apparent, further inquiry into director experience and reputation in the advertising sector may be warranted.
More Company Information
Recently Viewed
Follow Company
- Receive an alert email on changes to financial status
- Early indications of liquidity problems
- Warns when company reporting is overdue
- Free service, no spam emails Follow this company