Remote Medical International Uk Ltd
07590062
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 28/08/2018
CHIEF FINANCIAL OFFICER
AMERICAN · UNITED STATES · Age 55
director · Since 26/08/2020
BUSINESS DEVELOPMENT
BRITISH · ENGLAND · Age 47
Also on 1 other board
director · Since 14/01/2022
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 57
Also on 6 other boards
Persons with Significant Control
Mr Brandon Daniel Baty
American · United States · Age 51
4500 Parkway, Solent Business Park, Whiteley, Fare, 4500 Parkway, Solent Business Park, Fareham, PO15 7AZ
Notified 14/08/2020
Former PSCs
Ms Ruth Jones
Ceased 13/08/2020
Remote Medicine, Inc
Ceased 14/08/2020
Charges0 outstanding
HSBC INNOVATION BANKING
CompanyRankvs 11706+ SIC 78109 peers41
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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
inter-company borrowings, management has concluded that it is required to disclose that there is material uncertainty that may cast significant doubt about the Company’s ability to continue as a going concern for one year from the date of approval of these financial statements. Whilst recognising the existence of this material uncertainty, having considered these factors and made all necessary inq
Key FinancialsYear ending 31/12/2023
Turnover
£10.1M
Annual revenue
Net Worth
-£1.6M
Balance sheet strength
Cash
£241k
Cash in the bank
Profit Before Tax
-£3.1M
Bottom line earnings
Net Current Assets
-£1.6M
Working capital
Current Assets
£5.5M
Current Liabilities
£7.1M
Fixed Assets
£7k
Debtors
£5.3M
Cost of Sales
£7.4M
Gross Profit
£2.7M
Admin Expenses
£5.6M
Operating Profit
-£3.0M
Profit After Tax
-£3.2M
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2023 | 0.77 |
Derived from filed accounts. Not audited figures.