THIRTY FOOD GALLERY LIMITED

Executive Summary

Thirty Food Gallery Limited exhibits critically low financial vitality with only nominal assets and no evident operational activity. Without fresh capital and a viable business plan, the company faces a high risk of stagnation or failure. Immediate action to enhance funding, control costs, and develop operations is essential to improve its financial health.

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Company Analysis

This analysis is opinion only and should not be interpreted as financial advice.

THIRTY FOOD GALLERY LIMITED - Analysis Report

Company Number: 14262241

Analysis Date: 2025-07-29 21:01 UTC

Financial Health Score: D (Poor)
Explanation: The company shows extremely minimal financial activity with virtually no assets or equity beyond a nominal £2. This "barely alive" financial state signals critical absence of operational scale or resources, akin to a patient with dangerously low vital signs requiring urgent intervention.


Key Vital Signs

Metric Value (£) Interpretation
Current Assets 2 Negligible cash or liquid resources
Net Current Assets 2 Working capital effectively zero
Total Assets Less Current Liabilities 2 Minimal asset base, no buffer for liabilities
Net Assets / Shareholders Funds 2 Equity base non-existent, no retained earnings
Average Number of Employees 1 Extremely small workforce
Account Category Micro Smallest scale business, minimal reporting

The company's balance sheet is essentially a placeholder, showing only £2 in current assets and net assets for the last three years. There are no fixed assets, no liabilities disclosed, and no revenue or profit data available. The micro-entity status confirms this is a very small operation with limited financial complexity.


Symptoms Analysis

  • Flatlined Financials: The identical, minimal asset values over three years indicate no growth or operational activity generating financial resources.
  • Lack of Operational Scale: With only 1 employee on average and nominal assets, the company is not engaging in meaningful business activity despite being in the take-away food sector, which typically requires inventory, equipment, and cash flow to operate.
  • Potential Dormancy or Inactivity: While marked as active, the financial data resembles that of a dormant or shell entity, showing no working capital to cover costs or invest in growth.
  • No Audit or Detailed Reporting: The company has taken advantage of audit exemptions and micro-entity reporting, limiting transparency and depth of financial information.

Diagnosis

Thirty Food Gallery Limited is in a fragile financial condition, comparable to a patient with critically low blood pressure and no metabolic activity. It is unable to demonstrate any substantive financial health or business operations from the data provided. The company risks being unsustainable without injection of capital, revenue generation, or operational expansion. Its current financial "symptoms" suggest it may be in a pre-operational stage, dormant, or failing to engage in its stated trade meaningfully.


Prognosis

If the company does not secure fresh capital, initiate sales, or develop operational capacity, it faces a prognosis of continued stagnation or eventual insolvency risk. The lack of assets and working capital severely limits its ability to react to market opportunities or absorb shocks. Without structural changes, the company’s financial health is unlikely to improve significantly.


Recommendations

  1. Capital Injection: Consider raising additional equity or loans to build working capital enabling operational activity.
  2. Operational Review: Assess business model and market strategy for the take-away food sector to generate revenue and cash flow.
  3. Financial Monitoring: Implement basic financial controls and reporting beyond micro-entity standards to gain visibility on income, expenses, and cash flow.
  4. Cost Management: Given minimal resources, tightly control costs and overheads to preserve capital.
  5. Explore Dormancy or Restructuring: If business activity is not planned imminently, consider formally declaring dormant status or restructuring to reduce compliance costs.
  6. Seek Professional Advice: Engage with accountants or business advisors to plan a financial turnaround or orderly wind-down if necessary.


More Company Information


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