SUB SAHARA HOLDINGS LTD

Executive Summary

Sub Sahara Holdings Ltd is a very recently formed micro-entity with no recorded financial assets or liabilities as at its first year-end, indicating it is at an early stage with no substantive trading history. While it complies with regulatory filing requirements and operates in plausible business sectors, the absence of financial substance poses a high solvency and liquidity risk. Further inquiry into its funding and operational plans is recommended to assess viability.

SUB SAHARA HOLDINGS LTD - Analysis Report

Company Number: 14935715

Analysis Date: 2025-07-29 20:04 UTC

1. Risk Rating: HIGH
   Justification: The company is newly incorporated (June 2023) and has filed micro-entity accounts showing zero assets, zero liabilities, and zero net assets as at 30 June 2024. There is no recorded turnover, no cash or receivables, and no capital employed. This suggests the company has not yet commenced substantive trading or generated financial substance. The absence of financial resources presents a high risk to solvency and liquidity.

2. Key Concerns:

• Zero Financial Base: No fixed or current assets, no liabilities, and no equity indicate no operating capital or financial buffer.
• Early Stage with No Trading Evidence: The company’s first accounts show no financial activity, which raises concerns about operational viability and sustainability.
• Concentration of Control: Two individuals each control 25-50% equity and voting rights with full rights to appoint/remove directors. This ownership concentration could pose governance risks without broader oversight.

3. Positive Indicators:

• Compliance with Filing Obligations: The company is up to date with accounts and confirmation statement filings, which suggests good regulatory compliance to date.
• Clear Business Focus: SIC codes indicate operations in employment agency, retail, and wholesale of meat products—a potentially viable market niche, supported by an active website.
• Small but Established Team: Reported average of 2 employees indicates minimal operational scale but some level of business activity.

4. Due Diligence Notes:

• Investigate the business plan, current trading status, and cash flow projections to understand when and how the company expects to generate revenues and profits.
• Confirm the nature and source of initial capital contributions or funding arrangements to assess solvency prospects.
• Review director background and related party transactions given the dual director/PSC roles and potential conflicts of interest.
• Monitor subsequent filings for evidence of trading activity and financial progression beyond the initial zero-balance accounts.