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Remittell Money Ltd

11100093

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

SPACES EALING AURORA(OFFICE 216), LONDON, W5 5SL
Incorporated 06/12/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64205
Activities of financial services holding companies

Officers

Mr Abdulkarim Hassan Yussuf

director · Since 14/03/2019

ENTREPRENEUR

BRITISH · ENGLAND · Age 40

Abdifatah Ali Adam

director · Since 01/11/2025

COMPANY DIRECTOR

AUSTRALIAN · AUSTRALIA · Age 47

Persons with Significant Control

Mr Abdulkarim Hassan Yussuf

25–50% votes

British · England · Age 40

Spaces Ealing Aurora(Office 216), 71-75 Uxbridge Road, London, W5 5SL

Notified 29/09/2025

Former PSCs

Mr Abdulqafar Mohamed Aden

Ceased 11/12/2018

Mr Abdulqafar Mohamed Aden

Ceased 14/03/2019

Mr Daud Ali Hassan

Ceased 13/01/2019

Mr Abdulkarim Yussuf

Ceased 21/01/2020

Mr Abdifatah Adam

Ceased 07/02/2020

Dr Mohamed Adem

Ceased 12/03/2020

Mr Abdulahi Ali

Ceased 22/09/2025

Mr Idle Mohamed

Ceased 15/09/2023

CompanyRankvs 2574+ SIC 64205 peers
41

Financial strength5th percentile among SIC peers · 1/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.41× · 2/20
Longevity9 years trading (max 15) · 9/15
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.

Employees14/15 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.

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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

-£42k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£42k

Working capital

Current Assets

£30k

Current Liabilities

£72k

Debtors

£30k

3avg. employees

Tax at Year End

Corp tax£719

Director Loans

Company owes directors£45k

Balance Sheet

Assets less current liabilities-£42k
Signed by Mr ABDULKARIM YUSSUF 10/06/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.41+£3k
2023-£3k
2022-£12k
2021-£32k
2020+£868

Derived from filed accounts. Not audited figures.