TAKING BACK YOUR POWER COMMUNITY INTEREST COMPANY

Executive Summary

TAKING BACK YOUR POWER COMMUNITY INTEREST COMPANY is in its foundational phase with no financial activity recorded in its first year. While currently dormant, the company maintains good administrative compliance and governance. Its financial health depends on successfully initiating operations and generating income to move beyond this initial dormant stage.

TAKING BACK YOUR POWER COMMUNITY INTEREST COMPANY - Analysis Report

Company Number: 15127336

Analysis Date: 2025-07-20 12:33 UTC

Financial Health Assessment for TAKING BACK YOUR POWER COMMUNITY INTEREST COMPANY

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1. Financial Health Score: D

Explanation:
The company is newly incorporated (September 2023) and has reported zero financial activity for its first accounting period ending August 2024. While this is not necessarily a sign of poor health given its early stage and community interest structure, the absence of turnover, assets, liabilities, or employees means there is no financial vitality detectable yet. The "D" grade reflects a business in its infancy with no financial traction or operational activity recorded, signaling the need for close monitoring as it moves forward.

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2. Key Vital Signs

Metric	2024 Value	Interpretation
Turnover	£0	No revenue generated yet; company is dormant financially.
Fixed Assets	£0	No investment in long-term assets; typical for start-up.
Current Assets	£0	No cash or receivables; signals no operating cash flow.
Net Current Assets	£0	No working capital available; no operational liquidity.
Net Assets / Shareholders’ Funds	£0	No equity or retained earnings; company has not begun trading.
Employees	0	No staff employed; likely non-operational at this stage.
Company Status	Active	Legally operational but dormant financially.
Filing Status	Up to date	No compliance or filing issues detected.

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3. Diagnosis

Symptoms Analysis:
The company shows the classic signs of a "healthy hibernation" rather than distress. With no turnover or costs, it is effectively dormant, consistent with the directors' statement that the company was dormant throughout the period. This is common for community interest companies in their initial year as they establish their mission, governance, and funding strategies before commencing trading activities.

The balance sheet is "flatlined" — no assets, no liabilities, and zero net worth. This means the company has yet to activate its operational or financial functions. The absence of employees and remuneration reflects a very early stage without business activity or outgoings.

Underlying Business Health:
The lack of financial activity is not necessarily pathological but more a sign of the company's current stage. The governance structure appears intact with four directors overseeing the company. The company has complied with all statutory filing requirements, indicating good administrative health.

However, the absence of any financial or operational traction means the company is vulnerable to risks such as funding shortages or failure to launch programs, which would need to be managed carefully as it progresses.

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4. Prognosis

The future financial outlook depends heavily on the company’s ability to begin generating income or secure funding to support its community interest objectives. Without cash inflows or assets, the company’s long-term sustainability is uncertain until it moves beyond dormancy.

If the company can activate its operations, attract funding (grants, donations, or revenue), and manage its costs prudently, it can develop a healthy financial pulse. Otherwise, it risks stagnation or financial distress.

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5. Recommendations

• Initiate Revenue Streams: Explore grant applications, fundraising, or service offerings aligned with the community interest mission to generate turnover.
• Build Cash Reserves: Secure initial funding to create a cash buffer that supports operations and working capital needs.
• Develop a Financial Plan: Establish budgets and forecasts to track expected income and expenses, preventing surprises.
• Monitor Compliance: Continue timely filing and governance to maintain regulatory health.
• Engage Stakeholders: Consult community stakeholders to validate impact goals and build support networks.
• Recruit Strategically: Consider hiring or engaging volunteers to drive program delivery once funding is secured.

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