V2 AWARDS LIMITED
Executive Summary
V2 AWARDS LIMITED is a dormant private limited company with minimal financial activity and nominal net assets, reflecting a company in a resting state rather than active operation. The company maintains compliance with filing requirements and is fully controlled by V2 Academy Ltd. To improve financial health, it should activate operations with careful financial planning and continue compliance to avoid regulatory issues.
View Full Analysis Report →Company Analysis
This analysis is opinion only and should not be interpreted as financial advice.
V2 AWARDS LIMITED - Analysis Report
Financial Health Assessment for V2 AWARDS LIMITED
1. Financial Health Score: Grade D
Explanation:
V2 AWARDS LIMITED is currently classified as a dormant company with minimal financial activity reported. The company shows net assets and shareholder funds of £1, which is the bare minimum, indicating no active trading or operational cash flows. Dormant status means no revenue or expenses have been recorded, which limits the ability to assess operational health. While not indicative of distress, the absence of financial transactions signals the company is not yet "financially alive" in the traditional business sense.
2. Key Vital Signs
| Metric | Value | Interpretation |
|---|---|---|
| Company Status | Active | Company is legally registered and in existence |
| Account Category | Dormant | No significant financial transactions during the year |
| Net Assets | £1 | Minimal asset base; no operational assets |
| Shareholders’ Funds | £1 | Equity is nominal, no retained earnings |
| Financial Year End Date | 31 July 2024 | Latest accounts up to date |
| Filing Status | Up to date | No overdue filings, compliant with Companies House |
| Significant Control | V2 Academy Ltd (75-100%) | Single controlling shareholder |
| Number of Employees | Not reported (likely 0) | Dormant status suggests no active employees |
3. Diagnosis: Dormant but Compliant Entity with No Operational Activity
The financial "vital signs" of V2 AWARDS LIMITED resemble a patient in a resting state rather than one exhibiting active metabolic function. The company is dormant, meaning it has not engaged in business transactions or generated income. The net asset value and shareholders' funds sitting at £1 each is akin to a baseline heartbeat—there is life, but no active circulation of financial resources.
The company’s financial statements show no income, expenses, or operational assets. This dormant status can be a strategic choice, such as holding a company shell for future use, or a reflection of early-stage setup before business commencement.
The absence of liabilities and debts is a positive symptom, indicating no financial distress or obligations pressing on the company. The directors have maintained compliance with filing requirements, which is a good governance sign and reduces regulatory risk.
The controlling entity, V2 Academy Ltd, holds full control, suggesting the company is part of a larger group structure or planned future activity under a parent company.
4. Recommendations: Activation and Monitoring
Activate Operations When Ready: If business activities are to commence, ensure proper financial records are maintained to monitor cash flow, profitability, and asset management. Activation will shift the company from dormant to active status, requiring regular financial oversight.
Maintain Compliance: Continue to file dormant accounts and confirmation statements on time to avoid penalties or administrative issues.
Plan Financial Strategy: Before operational start, develop a budget and cash flow forecast to avoid symptoms of financial distress once trading begins.
Consider Financial Capital: Evaluate whether initial capital injection or loans are needed to support startup operations.
Monitor Group Interactions: As a subsidiary or controlled entity, coordinate financial strategy with the parent company (V2 Academy Ltd) to optimize resource allocation and risk management.
Medical Analogy Summary
V2 AWARDS LIMITED is currently in a state of financial dormancy—like a patient in deep rest with no active symptoms of distress but also no signs of vitality. The financial vital signs are minimal but stable, showing no immediate risks but also no growth or operational pulse. The prognosis depends entirely on whether the company "awakens" into active trading with sufficient financial support and management.
More Company Information
Recently Viewed
Follow Company
- Receive an alert email on changes to financial status
- Early indications of liquidity problems
- Warns when company reporting is overdue
- Free service, no spam emails Follow this company