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My Remedy Limited

09789008

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

12 SUMMER HILL STREET, BIRMINGHAM, B1 2PE
Incorporated 22/09/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

86900
Other human health activities

Officers

Mr Faizel Patel

director · Since 22/09/2015

DIRECTOR

BRITISH · ENGLAND · Age 35

Persons with Significant Control

Mr Faizel Patel

75–100% shares
75–100% votes
Appoint directors

British · England · Age 35

12, Summer Hill Street, Birmingham, B1 2PE

Notified 01/07/2016

CompanyRankvs 56606+ SIC 86900 peers
34

Financial strength4th percentile among SIC peers · 1/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.04× · 2/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees5/15 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.

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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/09/2024

Net Worth

-£25k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£25k

Working capital

Current Assets

£1k

Current Liabilities

£26k

Fixed Assets

£506

1avg. employees-1

Balance Sheet

Assets less current liabilities-£25k
Signed by Mr Faizel Patel 24/11/2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.04-£8k
20230.38
20220.52
20181.09

Derived from filed accounts. Not audited figures.