Remitco Ltd
12916544
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/11/2025
BUSINESS EXECUTIVE
BRITISH · ENGLAND · Age 24
Also on 1 other board
Persons with Significant Control
Mr. Latif Qamar
Italian · England · Age 50
6th And 7th Floor, 120 Bark Street, Bolton, BL1 2AX
Notified 19/01/2022
Former PSCs
Mr Ahmad Shah
Ceased 19/01/2022
CompanyRankvs 361+ SIC 64191 peers40
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/03/2025
Net Worth
-£81k
Balance sheet strength
Cash
£65k
Cash in the bank
Net Current Assets
-£81k
Working capital
Current Assets
£134k
Current Liabilities
£215k
Debtors
£69k
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.62 | -£32k |
| 2023 | 0.58 | — |
Derived from filed accounts. Not audited figures.