PFIH LIMITED
Company number 05574861 · 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.
Financial Health Assessment: PFIH LIMITED
Financial Health Score: C (Fair)
Based on available information, this grade reflects a stable but opaque financial picture typical of a wholly-owned subsidiary. Without filed financial statements (turnover, assets, liabilities, profit/loss), a full diagnostic is not possible. The company meets its statutory obligations and has strong capital support, but its health is tied to the parent group.
1. Financial Health Score
- Grade: C
Reasoning: The score is neutral due to lack of detailed financial data. PFIH LIMITED appears compliant and well-capitalised on paper, but the absence of income, balance sheet, and cash flow figures prevents a robust assessment. As an audit-exempt subsidiary, its financial condition is likely sound but should be read in context of the parent group’s performance.
2. Key Vital Signs (Inferred)
| Metric | Observation | Interpretation |
|---|---|---|
| Share Capital | £898,989.90 | A healthy capital base for a private company, suggesting initial or ongoing shareholder investment. |
| Filing Compliance | Accounts & confirmation statement up to date | “Normal blood pressure” – no overdue filings, indicating good administrative health. |
| Legal Structure | Private limited, audit-exempt subsidiary | “Supportive frame” – being part of a larger group (Price Forbes Holdings Limited holds >75%) provides financial backing but also means independence is limited. |
| Directors’ Conduct | No disqualifications shown | Clean record – no “symptoms” of misconduct. |
| Nature of Business | SIC 70100 (Activities of head offices) | Typically a non-trading holding/management company; revenue may be internal recharges or dividends. |
3. Diagnosis
- Primary Condition: “Corporate dependency syndrome” – PFIH LIMITED functions as a central management entity for a group. Its financial health is almost entirely a reflection of the parent’s resources.
- Symptoms Observed:
- No financial statements available for independent review. This is common for audit-exempt subsidiaries but obscures underlying profitability and liquidity.
- Single shareholder with >75% control – complete ownership concentration; no minority protection.
- PSC with significant influence (name shown to subscribers) – potential for informal control alongside formal ownership.
- Underlying Health: Stable but unmeasured. Without turnover or profit data, we cannot assess solvency, liquidity, or efficiency. The company is likely solvent (no signs of distress) but carries the risk of the parent’s fortunes.
4. Recommendations
- Request Full Accounts – To perform a meaningful health check, obtain the latest audited (or filed) financial statements from Companies House or the parent. Focus on net current assets, profit & loss reserve, and cash flow.
- Monitor Parent Health – Because PFIH is a subsidiary, its viability depends on the parent’s ability to support it. Regularly review the parent group’s creditworthiness and published accounts.
- Strengthen Governance – With a corporate secretary (name shown to subscribers) and two directors, ensure board packs include management accounts and budget comparisons, even if statutory audit is exempt.
- Watch for Changes in Status – Any shift from “Active” to “Liquidation” or “Administration” would be an acute warning sign. Check the parent’s health regularly.