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Remedy Drinks Uk Limited

11088507

active
Private Limited Company
england wales
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)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

16 GREAT QUEEN STREET, LONDON, WC2B 5AH
Incorporated 29/11/2017

Compliance

Last accounts

30/06/2025

small

Next accounts due

31/03/2027

On track

Confirmation statement

Last: 09/01/2026

Due 23/01/2027

On track

Industry

47250
Retail sale of beverages in specialised stores

Officers

Mr Gary William Cobbledick

director · Since 29/11/2017

DIRECTOR

AUSTRALIAN · AUSTRALIA · Age 58

Also on 2 other boards

Nicholas Peter Marshall

secretary · Since 23/06/2025

Persons with Significant Control

Remedy Global Limited

75–100% shares
75–100% votes

Suite 1, 7th Floor, 50 Broadway, London, SW1H 0DB

Reg: 15858782 · Companies House · Limited By Shares

Notified 22/04/2025

Former PSCs

Mr Gary William Cobbledick

Ceased 27/10/2020

Emmet John Condon

Ceased 27/10/2020

Remedy Drinks International Limited

Ceased 22/04/2025

Charges0 outstanding

Charge
satisfied

AB LENDING SPV I LLC D/B/A MOUNTAIN RIDGE CAPITAL

Created 16/11/2023Registered 17/11/2023Satisfied 04/08/2025
Charge
satisfied

SILICON VALLEY BANK

Created 25/01/2022Registered 28/01/2022Satisfied 07/12/2023
Charge
satisfied

HSBC UK BANK PLC

Created 01/09/2020Registered 08/09/2020Satisfied 25/01/2022
Charge
satisfied

HSBC BANK PLC

Created 01/06/2018Registered 04/06/2018Satisfied 25/01/2022

CompanyRankvs 2262+ SIC 47250 peers
34

Financial strength0th percentile among SIC peers · 0/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.58× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees14/15 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.

Longevity9/15 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

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

in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Material uncertainty related to going concern We draw attention to note 2.2 in the financial statements , which indicates that the Group (see note 12), of which Remedy Drinks UK Limited is part of, has a requirement for additional funding with

Key FinancialsYear ending 31/12/2022

Turnover

£11.4M

Annual revenue

Net Worth

-£2.4M

Balance sheet strength

Cash

£602k

Cash in the bank

Profit Before Tax

-£1.4M

Bottom line earnings

Net Current Assets

-£2.5M

Working capital

Current Assets

£3.5M

Current Liabilities

£6.0M

Fixed Assets

£124k

Debtors

£1.3M

Cost of Sales

£9.0M

Gross Profit

£2.4M

Admin Expenses

£2.4M

Operating Profit

-£1.4M

Profit After Tax

-£1.4M

20avg. employees+3

Balance Sheet

Assets less current liabilities-£2.4M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20220.58-£1.4M
20210.74-£1.5M
20201.71+£3.1M
20190.37-£1.9M
20180.36

Derived from filed accounts. Not audited figures.