THE HEALTH & FITNESS PARTNERSHIP LTD

Executive Summary

THE HEALTH & FITNESS PARTNERSHIP LTD is a newly incorporated dormant private limited company with minimal financial activity and very limited capitalization. Current risk is low due to the dormant status and absence of liabilities, but lack of operational history and funding capacity warrants close monitoring as the business prepares to commence trading. Compliance with filing requirements is up to date and governance appears straightforward.

THE HEALTH & FITNESS PARTNERSHIP LTD - Analysis Report

Company Number: SC785748

Analysis Date: 2025-07-29 20:59 UTC

1. Risk Rating: LOW

Justification: THE HEALTH & FITNESS PARTNERSHIP LTD is currently classified as a dormant company, with minimal financial activity reported since its incorporation in October 2023. The company shows negligible net assets (£2) reflecting only the initial share capital. There are no overdue filings or indications of regulatory non-compliance. Given the dormant status and absence of financial liabilities, immediate solvency or liquidity risks appear minimal at this stage.

2. Key Concerns:

• Dormant Status: The company has not commenced trading or generated revenue, raising questions about operational viability and timeline for active business commencement.
• Minimal Capitalization: With only £2 in share capital and net assets, the company has very limited financial buffer to absorb startup costs or unexpected expenses.
• Limited Financial History: As a newly incorporated dormant entity, there is insufficient financial data to assess performance trends or operational stability.

3. Positive Indicators:

• Compliance: All statutory filings (accounts and confirmation statements) are up to date with no overdue returns or penalties.
• Clear Ownership and Control: Two directors with equal shareholdings and voting rights demonstrate straightforward governance and control structure.
• Defined Industry Activity: Classification under SIC 93130 (Fitness facilities) aligns with directors’ occupations as personal trainers, suggesting relevant expertise.

4. Due Diligence Notes:

• Investigate plans and timelines for transitioning from dormant to active trading status, including capital injections or financing arrangements.
• Review directors’ business strategy, funding sources, and cash flow projections once operational activities commence.
• Monitor future filings for financial performance data, including any accumulation of liabilities or changes in net assets.
• Confirm that there are no director disqualifications or adverse conduct records beyond the publicly available information.