DELAMODE LIMITED
Company number 03716214 · Monitor this company
This analysis was written by an AI from the company's public filings. It may contain errors or omissions and is not financial or professional advice.
As a financial health diagnostic specialist, I have reviewed the available data for DELAMODE LIMITED. However, the essential “vital signs” (detailed financial statements, turnover, assets, liabilities, and profit/loss) are absent from the record. The most recent accounts were filed for the period ending 31 December 2021, and no subsequent financial data is available. The company’s status is listed as “Disolved” (dissolved), with a dissolution date of 30 September 2026, which is anomalous (a future dissolution date for an already dissolved company), but the overall picture points to a business that has ceased active operations and been struck off the register.
1. Financial Health Score: F (Terminal)
Explanation: The company is no longer a going concern. Without current activity or recent financial filings, the entity has effectively failed as a viable business. The score reflects a state of corporate death rather than temporary distress.
2. Key Vital Signs (Based on Available Data)
| Vital Sign | Observed Value | Interpretation |
|---|---|---|
| Company Status | Dissolved | The patient is no longer alive. All financial functions have ceased. |
| Last Accounts Filed | 31 December 2021 | No recent check‑up. Over 4 years of missing data makes trend analysis impossible. |
| Share Capital | £800,075 | Nominally high, but irrelevant without proof of current assets or trading. |
| Director Conduct | No disqualifications recorded | Clean record, but irrelevant now. |
| Change from PLC to Ltd | 28 June 2023 | A re‑registration that often signals restructuring or downsizing before closure. |
| SIC Codes | Freight transport by road; warehousing | The core business area, but no evidence of recent revenue or activity. |
Symptoms Analysis: The lack of filed accounts since 2021, combined with a dissolved status, is the equivalent of a flatline ECG. The company did not meet its ongoing filing obligations (though the returns check says “NO” for overdue, this is likely a data lag). The corporate PSC (Delamode Holdings Limited) owning >75% suggests the parent may have wound down this subsidiary.
3. Diagnosis: Cessation of Business – Corporate Fatality
- Primary Condition: The company has been dissolved (or is in the final stages of dissolution). This is not a treatable illness; it is a post‑mortem state.
- Complicating Factors: The future dissolution date (2026) indicates a possible administrative error in the data, but the practical effect is the same – no active trading, no current financial obligations, and no going‑concern value.
- Root Cause (Inferred): A combination of market conditions in the freight/logistics sector, possibly internal restructuring, or strategic closure by the parent company. The transition from PLC to Ltd in 2023 was a clear preparatory step toward termination.
4. Recommendations
Because the company is already dissolved, standard financial rehabilitation measures (e.g., working capital injection, debt restructuring, cost rationalisation) are not applicable. Instead, the following actions apply to stakeholders:
- For Shareholders / PSCs: Confirm that all debts have been settled and final distributions made. If the company still holds assets (unlikely given dissolution), those must be dealt with through the official liquidator or dissolution process.
- For Directors: Ensure all statutory records are archived and that no personal liability remains for pre‑dissolution obligations (e.g., taxes, director loan accounts).
- For Creditors or Outstanding Claims: Check the dissolution date; any claims must have been lodged before the company was struck off. Consult the Insolvency Service if necessary.
- For Data Users: Treat any financial figures older than 2021 as historical only. Do not rely on them for current valuations or credit decisions.