TECHLAYER LTD

Executive Summary

TECHLAYER LTD currently operates as a dormant company with minimal financial activity and nominal net assets, indicating a stable but inactive financial state. The company is administratively compliant but needs to initiate trading activities and financial planning to improve its financial health and unlock future growth potential.

TECHLAYER LTD - Analysis Report

Company Number: 13937172

Analysis Date: 2025-07-29 20:54 UTC

Financial Health Assessment Report for TECHLAYER LTD

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1. Financial Health Score: Grade D

Explanation:
TECHLAYER LTD is currently a dormant company with minimal financial activity reflected in its accounts. The net assets and shareholders’ funds stand at a nominal £10, indicating no operational trading or financial transactions during the financial years reported. This grade reflects a company with no active business operations, presenting neither financial vitality nor distress but lacking any indicators of commercial activity or growth.

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2. Key Vital Signs

Metric	Value (2024)	Interpretation
Status	Active	Company is legally registered and operational but dormant in practice.
Account Category	Dormant	No significant financial transactions during the year.
Net Assets	£10	Nominal value, indicating no assets beyond initial share capital.
Shareholders’ Funds	£10	Essentially the initial equity; no retained earnings or reserves.
Director	Single (Artemi Krymski)	Centralized control and decision-making.
Industry Classification (SIC)	62020 (IT Consultancy)	Business classified as IT consultancy but currently inactive.

Interpretation:

• The company's "vital signs" resemble a patient in a medically inactive state—there are no symptoms of financial activity such as revenue generation, expenses, or asset accumulation.
• The dormant status signals a "quiet" period, potentially pre-startup or in the phase of business hibernation.
• Minimal net assets and shareholders’ funds reflect the absence of business operations or capital injections beyond the original share capital.
• The director holds full control, which simplifies governance but also concentrates risk.

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3. Diagnosis

Underlying Business Health:
TECHLAYER LTD’s financial "symptom" is dormancy, akin to a patient resting without active symptoms but also without growth or progress. The company is compliant with filing deadlines and legal requirements, which indicates good administrative health. However, from a financial standpoint, it neither generates income nor incurs expenses. This status is typical of newly incorporated companies preparing for future operations or entities temporarily inactive by design.

• No signs of financial distress such as liabilities, losses, or cash flow problems are present because there is no business activity.
• The company is not generating revenue or incurring operational costs; thus, it does not provide evidence of commercial viability or risk.
• The financial position is stable but static, with net assets at a nominal level.

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4. Recommendations

To improve financial wellness and move from dormancy toward active business health, the following steps are advised:

1. Activate Business Operations:
   Begin trading or consulting activities to generate revenues and establish a financial track record. This is critical for moving beyond the dormant state.

2. Financial Planning & Budgeting:
   Develop a clear business plan including cash flow forecasts, capital requirements, and expense management to avoid future liquidity issues once operations commence.

3. Capital Injection if Needed:
   Consider additional equity or funding to support operational expenses, marketing, and development costs as the business ramps up.

4. Regular Financial Monitoring:
   Maintain accurate and timely accounting records to track financial performance and identify early symptoms of distress such as cash shortages or rising debts.

5. Governance & Compliance:
   Continue diligent compliance with Companies House filing deadlines to avoid penalties and maintain good corporate standing.

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