Company Number: 14785697

Analysis Date: 2025-07-20 11:51 UTC

1. Risk Rating: LOW

Justification: SBHS Holdings Ltd is a newly incorporated private limited company classified as dormant with minimal financial activity and no liabilities. The company has complied with filing requirements thus far and shows a nominal cash balance and equity, indicating no immediate financial distress or solvency concerns.

2. Key Concerns:

• Lack of Operating History: Incorporated in April 2023 with dormant status, the company has no operating revenue or expenses, limiting assessment of operational stability.
• Minimal Financial Data: The latest accounts show only £75 cash and shareholders’ funds, preventing meaningful analysis of liquidity or asset quality.
• Concentrated Control: Three directors each hold significant share and voting rights (25-50%), which may raise governance risks depending on their relationship and decision-making processes.

3. Positive Indicators:

• Compliance: All statutory filings, including dormant accounts and confirmation statements, are up to date with no overdue reports.
• Clear Corporate Structure: The company is a private limited entity with defined directors and shareholders, suggesting formal governance structures are in place.
• No Liabilities: The balance sheet shows no current or long-term liabilities, indicating no immediate solvency risk.

4. Due Diligence Notes:

• Investigate Business Plans: Clarify the intended business activities and timeline for commencement of trading to assess future operational viability.
• Director Backgrounds: Review the professional histories and any conduct records of the three directors to evaluate governance risk.
• Monitor Future Filings: Ensure the company transitions appropriately from dormant to active status with corresponding financial disclosures once it begins trading.