Company Number: 13802803

Analysis Date: 2025-07-29 20:34 UTC

Financial Health Assessment of THREE SIX ZERO RECORDINGS UK LIMITED

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1. Financial Health Score: Grade D

Explanation:
The company is currently dormant, showing minimal financial activity with nominal net assets (£1) and no recorded income or expenses. The financial "vital signs" indicate the company is alive but essentially in a state of hibernation, neither generating revenue nor incurring significant costs. This status limits assessment of operational health and future viability.

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2. Key Vital Signs

Metric	Value	Interpretation
Account Category	Dormant	No significant transactions during the year; no active trading or business operations.
Net Assets	£1	Minimal equity; indicates no accumulation of profits or retained earnings.
Current Assets	£1	Essentially no liquid resources or receivables.
Net Current Assets	£1	Working capital is negligible, reflecting no operational activity.
Share Capital	£1	Only one share issued, indicating a very small capital base.
Employees	1 (Director)	No operational staff beyond the director, suggesting minimal or no business activity.
Company Status	Active	The company is legally active and compliant with filings, but dormant financially.
Control & Ownership	75-100% owned by Three Six Zero Recordings LLC & Mr Mark Gillespie	Controlled by a single entity and individual, indicating consolidated control but no broader shareholder base.

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3. Diagnosis: Underlying Business Health

The company’s financial "pulse" is extremely weak — it shows no signs of active trading or business development. The dormant status means the company is not generating revenue, incurring costs, or building assets beyond its nominal share capital. This is akin to a patient who is alive but inactive, showing neither growth nor distress symptoms internally.

The lack of turnover and assets implies the company is currently a shell or holding vehicle, perhaps maintained for future use or for legal/tax structuring purposes. There are no symptoms of financial distress such as debt or losses, but also no signs of healthy operational activity like cash flow, profit generation, or asset growth.

The governance structure shows a single active director and a controlling shareholder based overseas, which could be a factor in the company’s dormant status—potentially awaiting future strategic decisions.

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4. Recommendations: Steps to Improve Financial Wellness

• Activate Business Operations: If the company intends to trade, initiate revenue-generating activities promptly to establish a "healthy cash flow" and operational momentum.
• Capital Injection: Consider increasing share capital or securing funding to support initial business activities and build assets.
• Financial Planning: Develop a clear business plan with budgets and forecasts to transition from dormancy to active trading.
• Compliance Vigilance: Maintain timely filing of accounts and confirmation statements to avoid regulatory penalties.
• Review Corporate Structure: Evaluate if the dormant company status aligns with strategic goals; if not, consider reactivation or orderly dissolution to avoid unnecessary compliance costs.
• Director Engagement: Ensure active governance and oversight to guide the company’s strategic direction and financial management.

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