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Remedy Recruitment Group Limited

04651426

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

SUITE F101 FIRST FLOOR STERLING HOUSE, LOUGHTON, IG10 3TS
Incorporated 29/01/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

78109
Other activities of employment placement agencies

Officers

Mr Daniel Benjamin Sugarman

director · Since 27/02/2004

RECRUITMENT CONSULTANT

BRITISH · UNITED KINGDOM · Age 50

Also on 16 other boards

Persons with Significant Control

Mr Daniel Benjamin Sugarman

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 50

Green Acres, Vicarage Lane, Chigwell, IG7 6LS

Notified 18/07/2024

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 22/01/2024Registered 23/01/2024
charge
satisfied

HSBC BANK PLC

Created 19/10/2010Registered 21/10/2010Satisfied 01/02/2024
charge
satisfied

HSBC INVOICE FINANCE (UK) LIMITED (THE SECURITY HOLDER)

Created 13/11/2009Registered 17/11/2009Satisfied 01/02/2024
charge
satisfied

HSBC BANK PLC

Created 12/05/2009Registered 15/05/2009Satisfied 01/02/2024
charge
satisfied

LONDON & CITY PROPERTY INVESTMENTS LIMITED

Created 11/06/2003Registered 26/06/2003Satisfied 22/11/2023
charge
satisfied

THE ROYAL BANK OF SCOTLAND COMMERCIAL SERVICES LIMITED

Created 12/06/2003Registered 14/06/2003Satisfied 03/08/2011

CompanyRankvs 801+ SIC 78109 peers
62

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.26× · 12/20
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 strength25/25 pts

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

Employees15/15 pts

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

Liquidity12/20 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

performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 30/04/2025

Turnover

£44.6M

Annual revenue

Net Worth

£1.6M

Balance sheet strength

Cash

£236k

Cash in the bank

Profit Before Tax

£213k

Bottom line earnings

Net Current Assets

£1.5M

Working capital

Current Assets

£7.3M

Current Liabilities

£5.8M

Fixed Assets

£94k

Debtors

£7.0M

Cost of Sales

£38.8M

Gross Profit

£5.8M

Admin Expenses

£5.3M

Operating Profit

£407k

Profit After Tax

£158k

248avg. employees+4

Tax at Year End

Corp tax£55k
Dividends paid-£44k

People Costs

Wages & salaries£3.5M
NI contributions£406k

Balance Sheet

Assets less current liabilities£1.6M
Prepared with Caseware UK (AP4) 2025.0.111

EstimatesDerived

YearCurrent RatioImplied Profit
20251.26+£114k
20241.23-£360k
20231.39-£324k
20221.42+£51k
20211.53+£15k
20201.71+£365k
20191.59+£65k
20181.50

Derived from filed accounts. Not audited figures.