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R.E.M. (Uk) Limited

03094826

in administration
Private Limited Company
Companies House
Health Score
N/A

Details

RIVERSIDE HOUSE, MANCHESTER, M3 5EN
Incorporated 18/08/1995

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

31090
Manufacture of other furniture

Officers

Mr Mohammed Azam Ali

director · Since 01/06/2004

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 64

Also on 1 other board

Mr Michael Roach

director · Since 05/03/2008

CO DIRECTOR

BRITISH · ENGLAND · Age 60

Persons with Significant Control

Netspark Limited

75–100% votes

C/Orem (Uk), Glenfield Mill, Nelson, BB9 8AW

Reg: 04260577 · England · Private Company Limited By Shares

Notified 06/04/2016

Charges3 outstanding

Charge
satisfied

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Charge
outstanding

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Charge
outstanding

ABN AMRO ASSET BASED FINANCE N.V.

Created 21/11/2019Registered 26/11/2019
Charge
outstanding

ABN AMRO COMMERCIAL FINANCE PLC

Created 27/01/2014Registered 30/01/2014
Charge
satisfied

JULIE BRAITHWAITE · CHRISTOPHER HARRY BRAITHWAITE

Created 27/01/2014Registered 27/01/2014Satisfied 28/12/2016
charge
satisfied

NMB-HELLER LIMITED AND/OR ANY RECEIVER

Created 05/10/2001Registered 11/10/2001Satisfied 18/10/2016
charge
satisfied

CONFIDENTIAL INVOICE DISCOUNTING LIMITED

Created 16/10/1995Registered 18/10/1995Satisfied 26/09/1998
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 27/09/1995Registered 13/10/1995Satisfied 04/06/2024

CompanyRankvs 15+ SIC 31090 peers
26

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1.99× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees0/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

potentially present a risk to the future income and cash flow of the business. The directors consider that these material uncertainties may cast doubt on the company's ability to continue as a going concern. 1.3 Turnover Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business , and is shown net of VAT and

Key FinancialsYear ending 30/09/2023

Net Worth

£2.2M

Balance sheet strength

Cash

£128k

Cash in the bank

Net Current Assets

£2.1M

Working capital

Current Assets

£4.2M

Current Liabilities

£2.1M

Fixed Assets

£280k

Debtors

£3.3M

62avg. employees-2

Balance Sheet

Assets less current liabilities£2.4M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20231.99+£643
20221.95

Derived from filed accounts. Not audited figures.