Armatire Limited
09940284
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-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 61
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 61
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
GLAS TRUST CORPORATION LIMITED
GLAS TRUST CORPORATION LIMITED
MARKERSTUDY LIMITED
MARKERSTUDY LIMITED
GLAS TRUST CORPORATION LIMITED
GLAS TRUST CORPORATION LIMITED
SG KLEINWORT HAMBROS BANK LIMITED
SG KLEINWORT HAMBROS BANK LIMITED
SG KLEINWORT HAMBROS BANK LIMITED
CompanyRankvs 103274+ SIC 82990 peers23
Show leaderboard
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
conclusion of these discussions is not wholly within the Group's control and therefore represents a material uncertainty that may cast significant doubt on the Group's ability to continue as a going concern. The financial statements have been prepared on the going concern basis as the director and majority shareholder K R Spencer has undertaken to provide financial support, as required, to enable
Key FinancialsYear ending 31/03/2025
Net Worth
-£116.8M
Balance sheet strength
Cash
£280k
Cash in the bank
Net Current Assets
-£63.5M
Working capital
Current Assets
£2.2M
Current Liabilities
£260.1M
Fixed Assets
£20.1M
Debtors
£0
Profit After Tax
-£11.9M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.01 | -£11.7M |
| 2024 | 0.03 | -£73.4M |
| 2023 | 0.11 | — |
Derived from filed accounts. Not audited figures.