Company Overview
Rms Innovations (U.K) Limited is listed at the official companies registry as in Liquidation Private Limited Company. The company was incorporated on Monday 22 January 2007, so this is a well established company. Rms Innovations (U.K) Limited has been in business for 17 years and 3 months. The accounts status is full and the accounts are next due on Sunday 30 September 2018.
Registered Address

109 Swan Street, Sileby, Leicestershire, LE12 7NN
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Companies House Data
Company NameRMS INNOVATIONS (U.K) LIMITED
Company Number06059862
Registered Office Address109 Swan Street
 LE12 7NN
Company CategoryPrivate Limited Company
Company StatusLiquidation
Country of OriginUnited Kingdom
Incorporation Date22/01/2007
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/09/2018
Accounts Last Made Up Date31/12/2016
Accounts Account CategoryFULL
Returns Next Due Date19/02/2017
Returns Last Made Up Date22/01/2016
Previous Company NameChanged Date
REGENERATIVE MEDICAL SYSTEMS (UK) LIMITED25 May 2007
Directors & Members
Show Resigned
Chang Ko - Director
(Korean, 53 years old, born October 1971)
Technical Director - Appointed 01 September 2010
Active
Young-Hyun Park - Director
(Korean, 46 years old, born January 1978)
Managing Director - Appointed 09 November 2012
Active
Dong Suh - Director
(South Korean, 60 years old, born June 1964)
Director - Appointed 01 August 2009
Active
Secretaries
Show Resigned
Other Company Directorships
Chang Ko
No companies found
Young-Hyun Park
No companies found
Dong Suh
No companies found
Balance Sheet Unlock full report
Accounts Date 31-Dec-2016 31-Dec-2012 31-Dec-2011
Balance Sheet
Fixed Assets 541,522 541,522 696,649
Current Assets 446,420 446,420 407,808
Creditors Due Within One Year 74,627 74,627 82,762
Working Cap 371,793 371,793 325,046
Total Assets Less Current Liabilities 913,315 913,315 1,021,695
Long-term Liabilities 0 0 0
Net Assets 913,315 913,315 1,021,695
Share Capital & Reserves
Share Cap 4,180,000 4,180,000 3,500,000
Profit & Loss Reserves -3,266,685 -3,266,685 -2,478,305
Other Reserves 0 0 0
Shareholders Funds 913,315 913,315 1,021,695
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2016 31-Dec-2012 31-Dec-2011
Tangible Fixed Assets - - -
Fixed Assets 54.8% 54.8% 63.1%
Stocks Inventory 1.1% 1.1% 2.3%
Debtors 20.5% 20.5% 30.3%
Cash Bank In Hand 23.6% 23.6% 4.3%
Current Assets 45.2% 45.2% 36.9%
Creditors Due Within One Year 7.6% 7.6% 7.5%
Net Current Assets Liabilities 37.6% 37.6% 29.4%
Creditors Due After One Year 0.0% 0.0% 0.0%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 92.4% 92.4% 92.5%
Called Up Share Capital 423.1% 423.1% 316.9%
Share Capital Allotted Called Up Paid 423.1% 423.1% 316.9%
Profit Loss Account Reserve -330.7% -330.7% -224.4%
Shareholder Funds 92.4% 92.4% 92.5%
Capital Employed - - -
Total Assets Less Current Liabilities 92.4% 92.4% 92.5%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2016 31-Dec-2012 31-Dec-2011
Liquidity Ratio 6.0 6.0 4.9
Solvency Ratio 13.2 13.2 13.3
Reserves to Assets -3.3 -3.3 -2.2
Secured Creditors Unlock full report
Mortgages Charges 1
Mortgages Outstanding 1
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2016 31-Dec-2012 31-Dec-2011
Assets 987,942 987,942 1,104,457
Debt 74,627 74,627 82,762
Net Assets/Debt 913,315 913,315 1,021,695

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Liquidation.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Liquidation.  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Liquidation.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due
Paid After
30 days due
Owing Before
30 days due
Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.

Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Final Gazette dissolved following liquidation
Registered office address changed from 109 Swan Street Sileby Leicestershire LE12 7NN to C/O Elwell Watchorn & Saxton Llp 8 Warren Park Way Enderby Leicester LE19 4SA on 28 January 2021
Return of final meeting in a creditors' voluntary winding up
Liquidators' statement of receipts and payments to 14 December 2019
Liquidators' statement of receipts and payments to 14 December 2018
Registered office address changed from Unit 310 Phase 300 Centennial Park Elstree Hertfordshire WD6 3TJ to 109 Swan Street Sileby Leicestershire LE12 7NN on 15 January 2018
Appointment of a voluntary liquidator
Resolutions
Statement of affairs
Confirmation statement made on 22 January 2017 with updates
Second filing for the appointment of Young-Hyun Park as a director
Annual return made up to 22 January 2016 with full list of shareholders
Statement of capital following an allotment of shares on 12 January 2016
Statement of capital following an allotment of shares on 7 September 2015
Annual return made up to 22 January 2015 with full list of shareholders
Statement of capital following an allotment of shares on 1 July 2014
Annual return made up to 22 January 2014 with full list of shareholders
Statement of capital following an allotment of shares on 8 November 2013
Statement of capital following an allotment of shares on 30 April 2013
Annual return made up to 22 January 2013 with full list of shareholders

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