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Remedia Limited

09782438

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • Current liabilities exceed current assets (-10)
  • 8 outstanding charges (-10)

Details

52 SOUTH ROAD, SOUTHALL, UB1 1RQ
Incorporated 17/09/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47730
Dispensing chemist in specialised stores

Officers

Mr Kulvinder Singh Chana

director · Since 17/09/2015

BRITISH · ENGLAND · Age 69

Mr Amar Singh Chana

director · Since 01/03/2016

OPERATIONS MANAGER

BRITISH · ENGLAND · Age 34

Also on 8 other boards

Mr Simerdeep Singh Chana

director · Since 01/03/2019

OPERATIONS DIRECTOR

BRITISH · UNITED KINGDOM · Age 37

Also on 3 other boards

Mr Jagjeet Singh Bhogal

director · Since 01/05/2024

DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 19 other boards

Persons with Significant Control

Mr Kulvinder Singh Chana

75–100% shares
75–100% votes

British · England · Age 69

52, South Road, Southall, UB1 1RQ

Notified 10/04/2016

Charges8 outstanding

Charge
outstanding

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Charge
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Charge
outstanding

SANTANDER UK PLC

Created 01/03/2016Registered 04/03/2016

CompanyRankvs 1708+ SIC 47730 peers
61

Financial strength96th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.76× · 6/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 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.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity11/15 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 28/02/2025

Net Worth

£1.9M

Balance sheet strength

Cash

£15k

Cash in the bank

Net Current Assets

-£571k

Working capital

Current Assets

£1.8M

Current Liabilities

£2.4M

Fixed Assets

£3.3M

Debtors

£1.5M

55avg. employees-8

Balance Sheet

Intangible assets£3.2M
Assets less current liabilities£2.7M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.76+£642k
20240.68+£22k
20230.68+£170k
20220.63+£38k
20210.57+£404k
20200.55+£371k
20190.37—

Derived from filed accounts. Not audited figures.