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07518677

liquidation
Private Limited Company
Companies House
Health Score
N/A

Details

RMT ACCOUNTANTS AND BUSINESS ADVISORS LTD, NEWCASTLE UPON TYNE, NE12 8EG
Incorporated 07/02/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Craig Mcdermott

director · Since 07/02/2011

DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 3 other boards

Mr Timothy James Scruby Barker

director · Since 31/01/2017

DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 4 other boards

Mr Paul Ramsay Spence

director · Since 31/10/2017

FINANCIAL SERVICES

BRITISH · UNITED KINGDOM · Age 65

Also on 11 other boards

Persons with Significant Control

Mr Timothy James Scruby Barker

25–50% shares
25–50% votes

British · England · Age 61

Rmt Accountants And Business Advisors Ltd, Gosforth Park Avenue, Newcastle Upon Tyne, NE12 8EG

Notified 15/05/2023

Charges1 outstanding

Charge
outstanding

TIMOTHY JAMES SCRUBY BARKER

Created 23/12/2025Registered 06/01/2026

CompanyRankvs 15+ SIC 62012 peers
22

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.41× · 2/20
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 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.

Liquidity2/20 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 31/12/2024

Net Worth

-£2.5M

Balance sheet strength

Cash

£939k

Cash in the bank

Net Current Assets

-£1.7M

Working capital

Current Assets

£1.1M

Current Liabilities

£2.8M

Fixed Assets

£23k

Debtors

£204k

14avg. employees+3

Balance Sheet

Intangible assets£2k
Assets less current liabilities-£1.6M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.41-£266k
20230.22+£362k
20220.08-£1.2M
20210.36-£680k
20200.33-£1.6M
20190.19+£656k
20180.54

Derived from filed accounts. Not audited figures.