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The Remet Property Company Limited

03304620

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
20/30
Financial
30/40
Risk
  • 5 outstanding charges (-10)

Details

REMET WORKS 9A CODY BUSINESS CENTRE, LONDON, E16 4TL
Incorporated 16/01/1997

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 20/01/2026

Due 03/02/2027

On track

Industry

68209
Other letting and operating of own or leased real estate

Officers

Rosalind Joseph

secretary · Since 28/02/1997

COMPANY SECRETARY

BRITISH · Age 74

Also on 1 other board

Mr Shraga Cohen

director · Since 28/02/1997

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 79

Also on 1 other board

Mr Walter Reid Bsc Honours

director · Since 28/02/1997

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 71

Mr Philip John Brewer

director · Since 03/03/2010

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 15 other boards

Persons with Significant Control

Mr Walter Reid

50–75% shares

British · England · Age 71

Remet Works, 9a Cody Business Centre, London, E16 4TL

Notified 07/04/2016

Charges5 outstanding

Charge
outstanding

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THE TRUSTEES OF THE REMET PENSION SCHEME

Created 15/05/2018Registered 16/05/2018
charge
satisfied

SANTANDER UK PLC

Created 27/09/2010Registered 05/10/2010Satisfied 30/10/2018
charge
satisfied

HSBC BANK PLC

Created 28/03/2007Registered 11/04/2007Satisfied 23/12/2010
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Created 28/03/2007Registered 05/04/2007Satisfied 23/12/2010
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Created 19/05/2003Registered 24/05/2003Satisfied 23/12/2010
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HSBC BANK PLC

Created 08/09/2000Registered 13/09/2000Satisfied 23/12/2010
charge
satisfied

PRUDENTIAL ANNUITIES LIMITED

Created 24/12/1997Registered 30/12/1997Satisfied 23/12/2010
charge
satisfied

MIDLAND BANK PLC

Created 23/07/1997Registered 26/07/1997Satisfied 23/12/2010
charge
satisfied

MIDLAND BANK PLC

Created 21/03/1997Registered 27/03/1997Satisfied 23/12/2010
charge
satisfied

PRUDENTIAL ANNUITIES LIMITED

Created 21/03/1997Registered 26/03/1997Satisfied 23/12/2010
charge
satisfied

PRUDENTIAL ANNUITIES LIMITED

Created 21/03/1997Registered 26/03/1997Satisfied 23/12/2010

CompanyRankvs 5957+ SIC 68209 peers
74

Financial strength100th percentile among SIC peers · 25/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 3.13× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees9/15 pts

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

Liquidity20/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

£20.2M

Balance sheet strength

Cash

£550k

Cash in the bank

Net Current Assets

£6.3M

Working capital

Current Assets

£9.3M

Current Liabilities

£3.0M

Fixed Assets

£25.5M

Debtors

£8.7M

Profit After Tax

£811k

1avg. employees

Balance Sheet

Bank loans & overdrafts£1.1M
Assets less current liabilities£31.8M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20253.13+£811k
20243.08+£32k
20235.20+£727k
20225.60+£2.0M
20214.50+£677k
20204.56+£1.2M
20191.59+£574k
20180.58

Derived from filed accounts. Not audited figures.