Rm Auctions Limited
05812660
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/03/2007
BUSINESSMAN
CANADIAN · CANADA · Age 70
Also on 2 other boards
director · Since 28/04/2015
VICE PRESIDENT OF OPERATIONS OF RM AUCTI
CANADIAN · UNITED STATES · Age 43
Also on 1 other board
secretary · Since 25/07/2017
director · Since 03/04/2023
PRESIDENT
AMERICAN · UNITED STATES · Age 61
Also on 1 other board
director · Since 20/07/2023
CHIEF FINANCIAL OFFICER
CANADIAN · CANADA · Age 57
Also on 1 other board
director · Since 21/03/2024
HEAD OF EUROPE
BRITISH · ENGLAND · Age 48
Also on 1 other board
Persons with Significant Control
Rm European Holdings Limited
40,, Queen Anne Street, London, W1G 9EL
Reg: 05812654 · Companies House · Limited By Shares
Notified 06/04/2016
CompanyRankvs 111+ SIC 45112 peers80
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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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
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 31/12/2024
Turnover
£20.3M
Annual revenue
Net Worth
£31.0M
Balance sheet strength
Cash
£5.3M
Cash in the bank
Profit Before Tax
£2.4M
Bottom line earnings
Net Current Assets
£31.0M
Working capital
Current Assets
£35.2M
Current Liabilities
£4.3M
Fixed Assets
£93k
Debtors
£18.5M
Cost of Sales
£7.3M
Gross Profit
£13.0M
Admin Expenses
£10.7M
Operating Profit
£2.4M
Profit After Tax
£1.7M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 8.27 |
Derived from filed accounts. Not audited figures.