Company Number: 13255554

Analysis Date: 2025-07-20 17:06 UTC

Financial Health Assessment: SWIMBOX LIMITED

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1. Financial Health Score: Grade D

Explanation:
SWIMBOX LIMITED is classified as a dormant company with minimal financial activity and extremely limited financial resources. The company’s core financial indicators reveal that it has not conducted trading or generated income since incorporation. This results in a very low financial vitality grade, indicating a "hibernating" state rather than active business health.

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2. Key Vital Signs

Metric	Value (£)	Interpretation
Cash at bank	2	Virtually no cash available; minimal liquidity
Net Assets	2	Company has negligible net worth
Share Capital	2	Minimal initial investment
Account Status	Dormant	No business transactions during the year
Filing Compliance	Up to date	No overdue returns or accounts

Interpretation:

• The cash balance of £2 essentially reflects the nominal share capital, indicating no operating cash flow or working capital.
• Net assets mirror cash and share capital, confirming no accumulated profits or business assets.
• The dormant status legally confirms no trading or operational activity, akin to a patient in a prolonged rest state with no metabolic activity.
• Compliance with filing deadlines is a positive sign, showing good governance despite lack of business activity.

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3. Diagnosis

Underlying Business Health:
SWIMBOX LIMITED exhibits symptoms consistent with a dormant entity: no revenue generation, no expenses, no growth, and no operational assets. While there is no financial distress or liabilities, the company is in a state of suspended animation with no meaningful business operations. This "financial coma" means the company is neither generating value nor incurring risk.

Director and Control Overview:
The two directors, Joanne and Julian Ashton, are active individuals with roles related to swimming and marketing, respectively. Ownership and control rest primarily with Mrs. Joanne Ashton, who holds significant influence. The company’s SIC code indicates a focus on sports and recreation education, but no active trading suggests the business idea is either in incubation or has been paused.

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4. Recommendations

To improve financial wellness and transition from dormancy to active health, the following steps are advised:

• Activate Operations: Begin trading activities to generate cash flow. Even a small revenue stream can improve liquidity and working capital, akin to reactivating metabolism from dormancy.
• Build Working Capital: Secure initial funding or reinvest profits to increase cash reserves and net assets, enabling operational resilience.
• Financial Planning: Develop a clear budget and cash flow forecast to avoid future distress when operations commence.
• Monitor Compliance: Continue timely filings to avoid penalties and maintain good corporate standing.
• Strategic Review: Evaluate the market for sports and recreation education to identify viable business opportunities or partnerships.
• Risk Management: Prepare for potential liabilities and ensure proper insurance and governance frameworks are in place before scaling operations.

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