PMD HEALTHCARE SERVICES LIMITED

Executive Summary

PMD Healthcare Services Limited is a newly established specialist medical practice with modest but positive net assets and timely statutory filings, indicating initial financial stability and regulatory compliance. However, limited operating history, small cash reserves, and absence of employees suggest some liquidity and operational risks that warrant further investigation before investment. Overall, the company presents a low to medium risk profile at this early stage.

PMD HEALTHCARE SERVICES LIMITED - Analysis Report

Company Number: 14024152

Analysis Date: 2025-07-29 16:59 UTC

1. Risk Rating: LOW to MEDIUM
   PMD Healthcare Services Limited is a recently incorporated specialist medical practice with modest financials but positive net current assets and no overdue filings. The company shows adequate solvency with net assets exceeding current liabilities and has complied with statutory filing requirements. However, limited operational history and minimal cash reserves suggest caution until further financial performance is established.

2. Key Concerns:

• Limited Operating History: Incorporated in 2022, with only one full financial year reported, making it difficult to assess sustainability or growth trends.
• Minimal Cash Reserves: Cash at bank is only £3,670 as of the latest accounts, which may constrain day-to-day liquidity and operational flexibility.
• No Employees Reported: The accounts report zero employees, raising questions about operational capacity and reliance on directors or contractors, which may impact scalability and service continuity.

3. Positive Indicators:

• Positive Net Current Assets and Net Assets: Net current assets of £2,310 and net assets of equal amount indicate the company currently has sufficient short-term resources to meet its liabilities.
• No Overdue Statutory Filings: Both accounts and confirmation statements are filed on time, reflecting good compliance and governance practices.
• Experienced Directors with Relevant Background: Both directors are NHS doctors, suggesting relevant industry expertise and potential for professional networks.

4. Due Diligence Notes:

• Review Cash Flow and Revenue Generation: Investigate detailed turnover figures and cash flow statements if available to assess operational cash generation and sustainability.
• Clarify Operational Model and Staffing: Understand how the company delivers its specialist medical services with zero employees reported—whether through subcontractors, outsourcing, or the directors themselves.
• Assess Tax Liabilities: Corporation tax creditor of £518 is noted; verify if this is current or historic and confirm ongoing tax compliance and any related risks.
• Confirm Related Party Transactions: Directors’ current accounts of £842 creditor balance should be reviewed to understand any loans or transactions between directors and the company.