Retail Merchandising Services Ltd
05357617
Some Concerns
- Going concern doubt noted in accounts (-10)
- 3 outstanding charges (-6)
Details
Compliance
Last accounts
31/12/2024
group
Next accounts due
30/09/2026
Confirmation statement
Last: 08/02/2026
Due 22/02/2027
Industry
Officers
secretary · Since 12/03/2018
Former
corporate nominee secretary · Resigned 12/05/2005
director · Resigned 01/01/2006
director · Resigned 01/10/2015
director · Resigned 10/02/2017
secretary · Resigned 17/02/2017
secretary · Resigned 12/03/2018
Persons with Significant Control
Mr Daniel Peter O'Toole
British · Wales · Age 38
10 Drake Walk, Brigantine Place, Cardiff, CF10 4AN
Notified 06/04/2016
Mr Connah John O'Toole
Welsh · Wales · Age 31
10 Drake Walk, Brigantine Place, Cardiff, CF10 4AN
Notified 29/08/2018
Charges3 outstanding
IFW-DEBT LP (ACTING BY ITS GENERAL PARTNER) FWC IFW DEBT GP LIMITED ACTING BY FW CAPITAL LIMITE
ALDERMORE BANK PLC
BARCLAYS BANK PLC
BARCLAYS BANK PLC
BARCLAYS BANK PLC
LLOYDS BANK PLC
LLOYDS BANK COMMERCIAL FINANCE LIMITED
NETVOX LIMITED
LLOYDS TSB BANK PLC
BARCLAYS BANK PLC
Change History
Active
Private Limited Company
10 DRAKE WALK
CARDIFF
CompanyRankvs 6386+ SIC 82990 peers66
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Given the uncertainty as to the future revenue streams of that joint venture it is considered that there is also material uncertainty as to the recoverability of this balance. Conclusions relating to going concern In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriat
Key FinancialsYear ending 31/12/2024
Net Worth
£2.5M
Balance sheet strength
Cash
£485k
Cash in the bank
Net Current Assets
—
Working capital
Current Assets
£6.7M
Current Liabilities
£4.2M
Fixed Assets
£205k
Debtors
£6.2M
Cost of Sales
£12.0M
Admin Expenses
£1.8M
Profit After Tax
£342k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.59 | +£330k |
| 2023 | 1.59 | -£304k |
| 2022 | 2.03 | +£4k |
| 2022 | 2.37 | — |
| 2020 | 1.46 | — |
| 2019 | 2.47 | — |
Derived from filed accounts. Not audited figures.