STATION SOUTH HOLDINGS LTD

Executive Summary

Station South Holdings Ltd is a dormant start-up with negligible financial history or assets, resulting in insufficient creditworthiness for lending at this time. Monitoring should focus on the company’s transition to active trading and financial performance before reconsidering credit facilities. Immediate credit approval is not recommended due to the absence of trading data and cash flow generation.

STATION SOUTH HOLDINGS LTD - Analysis Report

Company Number: 14837093

Analysis Date: 2025-07-29 16:06 UTC

1. Credit Opinion: DECLINE
   Station South Holdings Ltd is a newly incorporated private limited company classified as dormant with minimal financial activity. The latest accounts show a nominal net asset position of £2, representing only the issued share capital. There is no evidence of trading, revenue generation, or operational cash flow. Given the lack of financial history and operating data, there is insufficient information to assess the company’s ability to service debt or meet credit obligations at this stage. Without demonstrated business activity or tangible assets, extending credit would be high risk.

2. Financial Strength:
   The balance sheet as of 31 May 2024 reveals net assets of just £2, corresponding to the minimal issued share capital of 2 ordinary shares at £1 each. No fixed or current assets, liabilities, or reserves are reported. This reflects a dormant status with no financial transactions. The company has no retained earnings or capital base beyond nominal share capital, indicating extremely weak financial strength.

3. Cash Flow Assessment:
   As a dormant entity, the company has no reported cash flows, working capital, or liquidity. There are no current assets to cover potential liabilities, nor any operational income. The absence of trading activity implies zero cash generation capacity, and the company is wholly dependent on capital injections from shareholders for any funding needs.

4. Monitoring Points:

• Transition from dormant to active trading status and filing of subsequent trading accounts.
• Development of a positive net asset base and accumulation of reserves from profitable operations.
• Evidence of sustainable cash flow generation to support working capital and debt service.
• Timely submission of annual accounts and confirmation statements to monitor compliance and operational status changes.
• Any director changes or PSC updates that may impact governance or control risks.