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Rimo Capital Ltd

11794518

active
ltd
england wales
Companies House
Insolvency history
Health Score
65 / 100

Some Concerns

25/30
Filing
20/30
Financial
20/40
Risk
  • No accounts filed in last 18 months (-5)
  • Active insolvency proceedings (-20)

Details

International House, 36-38 Cornhill, London, EC3V 3NG
Incorporated 29/01/2019

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 28/01/2026

Due 11/02/2027

On track

Industry

62012
Business and domestic software development

Officers

Mr Michael John Welling

director · Since 29/01/2019

DIRECTOR

BRITISH · UNITED STATES · Age 56

Also on 3 other boards

Mr Lance Lazarus

director · Since 29/08/2025

COMPANY DIRECTOR

AMERICAN · UNITED STATES · Age 55

Michael John Welling

director · Since 29/01/2019

British · United States · Age 56

Lance Lazarus

director · Since 29/08/2025

American · United States · Age 55

Former

Nigel John Denis Filer

director · Resigned 03/01/2020

Paula Joanna Foxall

director · Resigned 30/06/2024

Frank John Foxall

director · Resigned 03/09/2025

Persons with Significant Control

Mr Lance Lazarus

25–50% shares
25–50% votes

American · United States · Age 55

1790, Coral Way, Miami, 33145

Notified 17/06/2022

Former PSCs

Ms Paula Joanna Foxall

Ceased 15/01/2021

Mr Michael John Welling

Ceased 15/11/2023

Insolvency History1 case

creditors voluntary liquidation17/07/2026

Anthony Murphy (practitioner)

Change History

status → active
2026-07-13

Active

type → ltd
2026-07-13

Private Limited Company

address line1 → International House
2026-07-13

INTERNATIONAL HOUSE

post town → London
2026-07-13

LONDON

CompanyRankvs 9888+ SIC 62012 peers
61

Financial strength99th percentile among SIC peers · 25/25
Employees17th percentile among SIC peers · 3/15
LiquidityCurrent ratio 4.49× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees3/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity8/15 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

Insolvency history: -10 pts

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

£4.0M

Balance sheet strength

Cash

£96k

Cash in the bank

Net Current Assets

£4.2M

Working capital

Current Assets

£5.4M

Current Liabilities

£1.2M

Fixed Assets

£1.2M

Debtors

£5.3M

0avg. employees-9

Balance Sheet

Intangible assets£1.2M
Assets less current liabilities£5.4M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20244.49-£874k
20244.27+£2.3M
20236.06—

Derived from filed accounts. Not audited figures.