SUPPORTING CARE NEWHAM LTD

Executive Summary

SUPPORTING CARE NEWHAM LTD is currently in a dormant, early-stage phase with very limited financial activity and minimal assets. The company is compliant with statutory requirements but has yet to generate revenue or operational cash flow, pointing to a fragile but stable financial condition. To improve financial health, the company should focus on commencing active operations, building working capital, and implementing rigorous financial planning.

SUPPORTING CARE NEWHAM LTD - Analysis Report

Company Number: 15218694

Analysis Date: 2025-07-20 16:26 UTC

Financial Health Assessment Report
Company: SUPPORTING CARE NEWHAM LTD
Assessment Date: June 2025

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1. Financial Health Score: Grade D

Explanation:
Given the company's status, financial data, and operational activity, the financial health score is a D. This reflects a very early-stage company with minimal financial activity and limited assets. While it is not in distress, the company's dormant status and negligible financial base highlight a fragile financial condition typical of a startup yet to commence full operations.

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2. Key Vital Signs

Metric	Value	Interpretation
Company Age	8 months (incorporated Oct 2023)	Very new entity, early phase of business lifecycle
Account Category	Dormant	No significant trading or financial transactions recorded
Cash at Bank	£120	Minimal cash, indicates very limited liquidity
Net Assets / Shareholders' Funds	£120	Equity matches initial share capital, no retained earnings or liabilities
Overdue Filings	None	Compliance with statutory filing maintained
Director and PSC	Single director and 100% ownership by one person	Simplified governance but reliant on one individual
SIC Code	88100	Social work activities without accommodation, a service sector often requiring operational setup

Interpretation of Vital Signs:

• The company is in a "resting" or "dormant" state — akin to a patient in the initial check-up phase with no symptoms of distress but also no active growth or revenue streams.
• Cash and equity positions are minimal but aligned, showing no debts or liabilities, which is a positive sign in terms of solvency but signals an extremely early stage.
• Compliance is on track, which is a good baseline for future financial health.

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3. Diagnosis

Overall Financial Condition:
SUPPORTING CARE NEWHAM LTD currently shows "symptoms" of a nascent enterprise that has not yet started active trading or revenue generation. The company's financial statements reveal no operational income or expenses, with only nominal cash and equity reflecting initial share capital infusion. The absence of liabilities is a positive sign, indicating no financial distress or burden. However, the lack of trading activity means the business has not yet moved beyond the incubation stage.

From a financial health perspective, the company is "stable but inactive." This is common for startup entities that may still be in the planning or setup phase before commencing operations. There are no alarming symptoms such as negative cash flow, debt buildup, or losses. Nonetheless, the company must transition from dormancy to active trading to demonstrate financial viability and growth potential.

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4. Recommendations

To improve financial wellness and business vitality, the following actions are advised:

• Initiate Business Operations Promptly: Begin generating revenue streams aligned with the company’s social care activities to move from dormant status to active trading.
• Develop a Detailed Financial Plan: Establish budgets, cash flow forecasts, and break-even analysis to monitor and guide financial health proactively.
• Build Working Capital: Ensure adequate liquidity beyond initial share capital to cover operational expenses, ideally targeting a cash reserve sufficient for at least 3-6 months of operations.
• Maintain Compliance: Continue timely filing of accounts and confirmation statements to avoid penalties and maintain good standing.
• Monitor Key Metrics Regularly: Track cash flow, profit margins, and asset utilization to detect early signs of financial distress ("symptoms") or growth opportunities.
• Consider External Funding if Needed: Depending on business plans, explore grants, loans, or equity investment to strengthen the capital base and support operational scaling.
• Engage Professional Advice: Seek support from financial advisors or accountants to implement robust financial controls and reporting as the business grows.

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