STICK NO BILLS LIMITED

Executive Summary

STICK NO BILLS LIMITED is a recently incorporated private limited company currently dormant with minimal financial activity and net assets. The company maintains good compliance with filing obligations and shows no immediate solvency or liquidity concerns due to its inactive status. However, the lack of operational and financial history limits assessment of future stability or risk once trading commences.

STICK NO BILLS LIMITED - Analysis Report

Company Number: 14202858

Analysis Date: 2025-07-20 15:48 UTC

1. Risk Rating: LOW
   The company is classified as dormant with negligible financial activity, minimal net assets (£0.02), and no reported liabilities. There are no overdue filings, and the entity is current with all statutory obligations, indicating low immediate financial or compliance risk.

2. Key Concerns:

• Dormant Status Limits Operational Insight: As a dormant holding company, there is no financial activity to evaluate operational sustainability or cash flow.
• Minimal Capitalization: The company only has 2 ordinary shares of £0.01 each, indicating limited financial resources if activation or operations commence.
• Lack of Financial History: Incorporated in 2022 and dormant throughout, there is no track record of revenue, expenses, or solvency under operational conditions.

3. Positive Indicators:

• Up-to-date Statutory Filings: Both accounts and confirmation statements are filed on time with no overdue reports or penalties.
• No Indications of Insolvency or Liquidation: The company is active and not subject to any insolvency proceedings.
• Clear Dormant Accounts Compliance: Accounts prepared under the small companies regime with proper director approval, showing adherence to regulatory requirements.

4. Due Diligence Notes:

• Confirm the strategic intent for the holding company and any plans for activation or investment deployment.
• Monitor for any future changes in filing status or commencement of trading which would require detailed financial scrutiny.
• Verify the identity and background of directors and PSCs to assess governance and potential related-party risks.