Armatire Limited
09940284
Notable Risks
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Going concern doubt noted in accounts (-10)
- 6 outstanding charges (-10)
Details
Compliance
Last accounts
31/03/2024
group
Next accounts due
28/12/2025
Confirmation statement
Last: 17/07/2025
Due 31/07/2026
Industry
Officers
director · Since 07/01/2016
DIRECTOR
BRITISH · ENGLAND · Age 60
Also on 65 other boards
director · Since 29/09/2022
FINANCIAL CONTROLLER
BRITISH · ENGLAND · Age 51
Also on 56 other boards
secretary · Since 05/12/2022
Persons with Significant Control
Mr Kevin Ronald Spencer
British · England · Age 60
45, Westerham Road, Sevenoaks, TN13 2QB
Notified 06/04/2016
Mrs Amanda Jane Spencer
British · England · Age 61
45, Westerham Road, Sevenoaks, TN13 2QB
Notified 25/06/2017
Former PSCs
Mr Kevin Ronald Spencer
Ceased 12/05/2017
Charges6 outstanding
CREDIT SUISSE (UK) LIMITED
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SG KLEINWORT HAMBROS BANK LIMITED
SG KLEINWORT HAMBROS BANK LIMITED
CompanyRankvs 1275950+ SIC 82990 peers17
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
is sufficient and appropriate to provide a basis for our opinion. ARMATIRE LIMITED INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF ARMATIRE LIMITED - 10 - Material uncertainty related to going concern We draw attention to note 1.4 in the financial statements concerning the group’s and the company’s ability to continue as a going concern . The group made a loss before taxation o
Key FinancialsYear ending 31/03/2024
Net Worth
-£105.1M
Balance sheet strength
Cash
£3.8M
Cash in the bank
Net Current Assets
-£62.5M
Working capital
Current Assets
£8.0M
Current Liabilities
£268.4M
Fixed Assets
£25.3M
Debtors
£33k
Cost of Sales
£23.2M
Profit After Tax
-£15.3M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.03 | -£73.4M |
| 2023 | 0.11 | -£2.7M |
| 2022 | 0.26 | -£18.8M |
| 2021 | 0.40 | — |
Derived from filed accounts. Not audited figures.