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Raemech Ltd

14043182

active
Private Limited Company
england wales
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

OFFICE REAR OF 71A PARTINGTON LANE, MANCHESTER, M27 0NS
Incorporated 12/04/2022

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 11/04/2025

Due 25/04/2026

Overdue

Industry

43220
Plumbing, heat and air-conditioning installation

Officers

Mr Matthew Sutherland

director · Since 14/02/2023

MANAGING DIRECTOR

ENGLISH · ENGLAND · Age 34

Also on 1 other board

Persons with Significant Control

Mr Matthew Sutherland

50–75% shares
50–75% votes

English · England · Age 34

Office Rear Of 71a, Partington Lane, Manchester, M27 0NS

Notified 14/02/2023

Mrs Michaela Louise Sutherland

25–50% shares
25–50% votes

British · United Kingdom · Age 34

71-75 Shelton Street, Covent Garden, WC2H 9JQ

Notified 10/04/2025

Former PSCs

David Riley

Ceased 08/03/2023

Charges0 outstanding

Charge
satisfied

MORLEY CAPITAL LTD TRADING AS SIMPLY FUNDED

Created 14/04/2025Registered 14/04/2025Satisfied 13/01/2026

CompanyRankvs 30182+ SIC 43220 peers
39

Financial strength5th percentile among SIC peers · 1/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.91× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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30182Raemech Ltd
35
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.

Employees13/15 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.

Longevity4/15 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 31/03/2025

Net Worth

-£15k

Balance sheet strength

Cash

£42

Cash in the bank

Net Current Assets

-£17k

Working capital

Current Assets

£178k

Current Liabilities

£195k

Fixed Assets

£3k

Debtors

£137k

4avg. employees-3

Balance Sheet

Assets less current liabilities-£15k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.91-£30k
20241.27-£2k
20231.21—

Derived from filed accounts. Not audited figures.