MY FLOOR LIMITED
Company number 06350446 · 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.
Here is the financial health assessment for MY FLOOR LIMITED.
🩺 Financial Health Score: A (Excellent)
Explanation: This is not a trading business but a healthy, compliant dormant company. It has no debt, no trading risk, and is up to date with its statutory filings. The score reflects a state of financial hibernation, not active growth—but there are no signs of distress.
📊 Key Vital Signs
| Vital Sign | Reading | Interpretation |
|---|---|---|
| Status | Active | The company is alive on the register. |
| Category | Dormant | No trading activity. Minimal risk. |
| Net Assets | £2 (steady for 10+ years) | A stable "flatline"—no growth, but no deterioration. |
| Current / Total Liabilities | £0 | A clean bill of health: zero debt. |
| Turnover / Revenue | £0 | No commercial activity, as expected for a dormant entity. |
| Filing Compliance | All up to date | No overdue accounts or confirmation statements. |
| Shareholders' Funds | £2 | Minimal capital base, unchanged since 2016. |
What the numbers reveal: The company is financially inert. It holds only the original share capital (£2), has never traded, and carries no liabilities. There are no symptoms of distress—no debt, no creditor pressure, and no overdue filings.
🔍 Diagnosis: Dormant but Compliant – A "Suspended Animation" State
The company is effectively in financial hibernation. It has no operations, no income, no employees, and no obligations. This is common for companies held for asset protection, intellectual property holding, or future reactivation.
Key observations: - No financial blood flow: Zero turnover and zero expenses mean the body is not metabolising. - No vital organs missing: All statutory requirements (accounts, confirmation statement) are met on time. - No toxic build-up: There are no overdue debts, disqualified directors, or legal actions.
The only minor risk is that the company may become non-compliant if annual filings are missed, or if it begins trading without proper financial controls. Currently, it is perfectly healthy but functionally inactive.
💡 Recommendations to Maintain (or Improve) Financial Wellness
- Continue annual compliance – File dormant accounts and confirmation statements on time each year. This is the single most important action to keep the company healthy.
- Consider closure if no longer needed – If the company has no purpose (e.g., no assets, no plans to trade), dissolving it avoids ongoing filing fees and administrative burden. This is like elective surgery—removing an unnecessary appendix.
- If reactivating, perform a pre-trade check – Before trading, ensure the company has adequate working capital, a bank account, and proper accounting systems. Jumping from dormant to active without preparation is like waking from hibernation and running a marathon immediately.