WATTS UP ELECTRICAL SERVICES LIMITED

Executive Summary

WATTS UP ELECTRICAL SERVICES LIMITED currently shows no financial activity and remains dormant with minimal assets and no trading history, indicating a stable but inactive financial condition. The company is compliant with all filing requirements but lacks operational vitality. The next steps should focus on either activating the business with sound financial planning or considering formal closure to reduce administrative burden.

WATTS UP ELECTRICAL SERVICES LIMITED - Analysis Report

Company Number: 13592650

Analysis Date: 2025-07-20 15:30 UTC

Financial Health Assessment for WATTS UP ELECTRICAL SERVICES LIMITED

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1. Financial Health Score: D

Explanation:
The company is classified as dormant, with extremely minimal financial activity reflected in consistent nominal asset values (£100) over four years. Vital signs indicate a static and inactive financial profile, suggesting no operational business transactions or growth. While compliance with filing deadlines is maintained, the lack of trading activity severely limits the financial vitality of the company.

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2. Key Vital Signs:

Metric	Value (2024)	Interpretation
Account Category	Dormant	No significant financial transactions; company inactive
Current Assets	£100	Minimal cash or equivalent resources; essentially nominal
Net Current Assets	£100	Positive but negligible working capital
Total Assets Less Current Liabilities	£100	Reflects very low asset base, no liabilities
Net Assets / Shareholders' Funds	£100	Equity is minimal and unchanged, indicating no retained profits or losses
Filing Status	Up to date	No overdue accounts or confirmation statements

Interpretation of Vital Signs:
These "vital signs" are akin to a patient in stasis: the company shows no signs of financial activity ("no pulse" of trading), maintaining a minimal and unchanged asset base. The balance sheet is stable but trivial, indicating no growth, revenue generation, or investment.

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3. Diagnosis:

WATTS UP ELECTRICAL SERVICES LIMITED is effectively a dormant entity, with "symptoms" of financial inactivity. The financial statements confirm no operations or revenue generation, and the company maintains the legal minimum compliance. This is typical for a company that may be held for future use, asset protection, or as a dormant shell.

• No signs of operational distress because there is minimal activity.
• No symptoms of growth or profitability as there are no transactions.
• The company remains solvent but inactive, akin to a patient under observation without acute illness but also without improvement.

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4. Recommendations:

1. Activate or Close:

   • If the business intends to start trading, prepare for operational launch by planning cash flow, investment, and accounting for income and expenses.
   • If no business activity is planned, consider formal striking off or dissolution to avoid ongoing administrative obligations.

2. Maintain Compliance:

   • Continue to file dormant accounts on time to avoid penalties.
   • Keep the registered office and director information current.

3. Strategic Review:

   • Evaluate the purpose of maintaining a dormant company. If it is a holding vehicle or for future projects, ensure legal and tax advice is sought to optimize structure.

4. Financial Planning:

   • When transitioning to active status, prepare detailed cash flow forecasts, working capital management plans, and monitor key financial ratios to avoid liquidity issues.

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