SSMK DULLOO LIMITED

Executive Summary

SSMK Dulloo Limited is a newly formed micro-entity operating a specialist medical practice with initial positive net assets and no overdue filings, indicating low immediate risk. However, its limited operating history and reliance on directors’ loans warrant further investigation into cash flow and operational sustainability. Overall, the company appears solvent and compliant but requires additional financial and operational data for a comprehensive risk assessment.

SSMK DULLOO LIMITED - Analysis Report

Company Number: 15024449

Analysis Date: 2025-07-29 20:22 UTC

1. Risk Rating: LOW
   The company is newly incorporated (July 2023) and has filed timely accounts without any overdue filings. The micro-entity financials show positive net current assets and shareholders' funds, indicating initial financial stability. There are no signs of insolvency or regulatory non-compliance.

2. Key Concerns:

• Reliance on directors' funds: A material creditor balance (£5,754) is due to directors, which may indicate reliance on related-party funding rather than external capital.
• Limited operating history: With only one financial period reported and no income statement disclosed, operational sustainability and revenue generation remain unproven.
• Small scale: As a micro-entity with only two employees, the company may be vulnerable to operational risks, including dependency on key personnel.

3. Positive Indicators:

• Net current assets of £8,862 and positive shareholders’ funds (£14,362) demonstrate solvency at this stage.
• Timely filing of accounts and confirmation statement suggests good regulatory compliance and governance.
• Directors are qualified professionals (medical doctors) presumably aligned with the company’s specialist medical practice SIC code, implying relevant operational expertise.

4. Due Diligence Notes:

• Investigate the nature of the directors' loans/creditors to assess terms and potential risk to liquidity.
• Request detailed income and cash flow information to assess revenue streams, profitability, and cash management.
• Confirm the business plan and client base to evaluate operational sustainability beyond the start-up phase.
• Review any contracts, licenses, or regulatory approvals relevant to the medical practice sector.