TREVOR COLLINS HEALTHCARE LTD

Executive Summary

TREVOR COLLINS HEALTHCARE LTD is currently in a financially fragile state characterized by negative working capital and net assets, indicating early-stage distress. Immediate actions such as capital injection, operational initiation, and cost control are essential to restore financial health and achieve sustainable growth. Vigilant financial oversight will be crucial as the company moves beyond its startup phase.

TREVOR COLLINS HEALTHCARE LTD - Analysis Report

Company Number: 15162073

Analysis Date: 2025-07-20 18:58 UTC

Financial Health Assessment Report: TREVOR COLLINS HEALTHCARE LTD

---

1. Financial Health Score: Grade D

Explanation:
The company shows a concerning financial posture with negative net current assets and net assets, indicating distress in liquidity and overall financial stability. As a newly incorporated micro-entity with minimal operational history and no employees, these early “symptoms” suggest it is in a fragile state, requiring urgent attention to improve its financial "vital signs."

---

2. Key Vital Signs:

Metric	Value (£)	Interpretation
Current Assets	254	Very low cash or liquid resources available to meet short-term obligations.
Current Liabilities	3,012	Obligations due within one year are significantly higher than available current assets.
Net Current Assets (Working Capital)	-2,758	Negative working capital indicates inability to cover short-term debts with short-term assets.
Net Assets (Shareholders' Funds)	-2,758	Negative equity means liabilities exceed assets; an early sign of financial distress.
Average Number of Employees	0	No staff employed during the period, suggesting either pre-operational or minimal operational status.

Interpretation:

• The negative net current assets reflect a liquidity "symptom" akin to a patient with insufficient blood flow—here, insufficient cash flow to meet immediate financial demands.
• Negative net assets signal the company is technically insolvent on a balance sheet basis, a critical "diagnostic" marker for financial instability.
• No employees yet indicates the business is likely in a startup or preparatory phase, which may explain initial losses but also means no operational revenue stream is evident.

---

3. Diagnosis

Overall Financial Condition:
TREVOR COLLINS HEALTHCARE LTD is in the very early stage of its lifecycle, having been incorporated in September 2023 and reporting first accounts for the year ending September 2024. The financial statements reveal a fragile financial condition with negative working capital and net assets of £(2,758). This is a clear "symptom of distress," reflecting initial setup costs or liabilities exceeding resources.

The absence of employees and minimal current assets suggest the company may not yet be generating operational revenues or has not commenced full-scale operations. The director, who is also the sole shareholder with full control, has yet to inject sufficient capital or generate income to restore financial health.

There is no indication of overdue filings or legal distress such as liquidation or administration, which provides some reassurance at this stage. However, the financial data shows the company is not currently "healthy" financially and needs careful monitoring.

---

4. Recommendations

To Improve Financial Wellness:

1. Capital Injection or Funding:

   • The company urgently needs additional working capital to cover current liabilities and improve liquidity. The director/shareholder might consider injecting funds or seeking external financing to stabilize cash flow.

2. Revenue Generation Plan:

   • Develop and implement a clear business plan to commence or accelerate operations, generate revenue, and move from a "pre-operational" phase to active trading.
   • Given the healthcare sector focus (residential care for mental health/substance abuse), explore partnerships or contracts that can provide immediate income streams.

3. Cost Management:

   • Review and minimize overheads and liabilities until revenues improve. Avoid accruing additional short-term debts without clear repayment strategies.

4. Regular Financial Monitoring:

   • Implement monthly cash flow forecasting to detect early warning signals and ensure timely decision-making.
   • Engage professional advice if necessary to restructure finances or plan sustainable growth.

5. Governance and Compliance:

   • Maintain timely filing of accounts and confirmation statements to avoid penalties and preserve company good standing.
   • Consider appointing additional directors or advisors with financial expertise to improve governance.

---