Company Number: 15163593

Analysis Date: 2025-07-20 18:48 UTC

1. Risk Rating: LOW
   Justification: SSA Performance Ltd is a recently incorporated private limited company classified as dormant with minimal financial activity and no liabilities beyond a nominal amount. The absence of operating activities and liabilities suggests very limited current financial risk.

2. Key Concerns:

• Dormant Status: The company has reported as dormant for its first accounting period, indicating no trading or operational cash flows to support business activity, which raises questions about future viability if operations commence without adequate funding.
• Minimal Net Assets: Net assets stand at only £50, representing a nominal share capital with no retained earnings or reserves, limiting financial cushioning.
• Directors’ Experience and Background: While directors are appointed and control the company equally, there is no information on their operational track record or plans, which would be relevant for assessing operational stability.

3. Positive Indicators:

• Compliance: The company has filed all required confirmation statements and accounts on time with no overdue filings or penalties.
• Clear Ownership Structure: Two directors each hold between 25-50% shares and voting rights, with rights to appoint and remove directors, indicating defined control and governance.
• No Debt or Creditors: Apart from a nominal creditor of £50, there are no current or long-term liabilities reported, which reduces solvency risk.

4. Due Diligence Notes:

• Investigate the business plan and funding sources for SSA Performance Ltd to determine if and when trading will commence and how it will be financed.
• Clarify the nature of the £50 creditor amount classified under creditors falling due after more than one year to understand any potential obligations.
• Review the backgrounds and relevant industry experience of the directors for insights into operational capability and strategic intent.
• Monitor future filing of full accounts and profit & loss statements once the company transitions from dormant status to active trading.
• Confirm if there are any contingent liabilities or off-balance-sheet arrangements not captured in the dormant accounts.