TECH HAND LIMITED

Executive Summary

TECH HAND LIMITED is a dormant private limited company with minimal financial activity, reflected by its nominal cash and net assets. While compliance with statutory filings is good, the company currently shows no signs of operational business or financial growth. To improve financial health, a strategic decision is needed to either activate trading activities or consider other corporate options.

TECH HAND LIMITED - Analysis Report

Company Number: 14061486

Analysis Date: 2025-07-29 20:33 UTC

Financial Health Assessment of TECH HAND LIMITED

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1. Financial Health Score: D (Dormant Status - Minimal Activity)

Explanation: TECH HAND LIMITED's financial health is reflective of a dormant company profile. With virtually no financial transactions, negligible cash balance (£1), and net assets equal to the nominal share capital (£1), the company shows no signs of active trading or operational activity. This minimal financial footprint limits the ability to assess traditional health indicators, resulting in a low grade from a financial vitality perspective.

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2. Key Vital Signs:

• Cash Position: £1 (2024) – Indicates the company holds only the nominal minimum cash, typical of a dormant entity. There is no operational cash flow ("healthy cash flow" is absent).
• Net Assets / Shareholders Funds: £1 – Reflects only the issued share capital, no accumulated profits or liabilities, showing no business activity or retained earnings.
• Account Status: Dormant – The company has claimed dormant status under section 480 of the Companies Act 2006, meaning no significant transactions occurred during the year.
• Filing Compliance: Up-to-date filings with no overdue accounts or confirmation statements, indicating good compliance "vital sign."
• Directors & Control: Director changes occurred in early 2025; control remains concentrated with individuals holding 75-100% shares and voting rights.

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3. Diagnosis:

TECH HAND LIMITED is currently a dormant company with no operational business activity or financial transactions beyond maintaining its legal existence. The "symptoms" of financial inactivity are clear: negligible cash, no trading assets or liabilities, and no profit or loss activity. The company is effectively in a financial "resting state" — there are no indications of financial distress, but equally no evidence of growth or revenue generation. Its balance sheet is a simple reflection of the nominal share capital, with no complexity or risk factors. The recent change in directorship may signal potential future activity or restructuring, but as of the latest accounts, the company remains inactive.

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4. Recommendations:

• If Business Operations Are Planned: The company should prepare for an active financial profile by establishing operating bank accounts, initiating transactions, and maintaining records to transition out of dormant status. This will introduce "healthy cash flow" and working capital management considerations.
• Maintain Compliance: Continue timely filing of accounts and confirmation statements to avoid penalties and maintain a clean statutory record.
• Review Business Strategy: Given the dormant status since incorporation, evaluate the business model and market opportunities to determine whether to activate trading or consider formal closure if no longer needed.
• Monitor Director Changes: Ensure that new directors understand their fiduciary duties and prepare the company for any operational changes ahead.
• Financial Planning: Once active, focus on building working capital, controlling liabilities, and generating revenues to move towards a healthier financial position.

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