Company Overview
Romax Trading Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Thursday 04 February 2016, so this is a well established company. Romax Trading Limited has been in business for 10 years and 2 months. The accounts status is total exemption full and the accounts are next due on Wednesday 30 November 2022.
Registered Address

26 Olga Court, Nottingham, NG3 2NH
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Companies House Data
Company NameROMAX TRADING LIMITED
Company Number09988662
Registered Office Address26 Olga Court
 NG3 2NH
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date04/02/2016
Accounting Reference Date Day29
Accounting Reference Date Month2
Accounts Next Due Date30/11/2022
Accounts Last Made Up Date28/02/2021
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date04/03/2017
Directors & Members
Show Resigned
Dhiraj Kakade - Director
(British, 44 years old, born January 1982)
Appointed 20 October 2021
Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Dhiraj Kakade
No companies found
Balance Sheet Unlock full report
Accounts Date 28-Feb-2021 28-Feb-2020 28-Feb-2019
Balance Sheet
Fixed Assets 1,501 2,509 2,723
Current Assets 67,040 38,611 119,086
Creditors Due Within One Year 18,255 13,041 79,059
Working Cap 48,785 25,570 40,027
Total Assets Less Current Liabilities 50,286 28,079 42,750
Long-term Liabilities 50,000 477 517
Net Assets 286 27,602 42,233
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 286 27,602 42,233
Common Size Financial Analysis Unlock full report
Accounts Date 28-Feb-2021 28-Feb-2020 28-Feb-2019
Tangible Fixed Assets - - -
Fixed Assets 2.2% 6.1% 2.2%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand 97.8% 93.9% 97.8%
Current Assets 97.8% 93.9% 97.8%
Creditors Due Within One Year 26.6% 31.7% 64.9%
Net Current Assets Liabilities 71.2% 62.2% 32.9%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 0.4% 67.1% 34.7%
Capital Employed - - -
Total Assets Less Current Liabilities 73.4% 68.3% 35.1%
Financial Ratio Analysis Unlock full report
Accounts Date 28-Feb-2021 28-Feb-2020 28-Feb-2019
Liquidity Ratio 3.7 3.0 1.5
Solvency Ratio 1.0 3.0 1.5
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 28-Feb-2021 28-Feb-2020 28-Feb-2019
Assets 68,541 41,120 121,809
Debt 68,255 13,518 79,576
Net Assets/Debt 286 27,602 42,233
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. The balance sheet displays a very modest amount of net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a slender margin of cover over 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.

Unlock 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. The balance sheet displays a very modest amount of net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a slender margin of cover over 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.   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. The balance sheet displays a very modest amount of net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a slender margin of cover over 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.

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
Registered office address changed from 18 Diamond Avenue Kirkby-in-Ashfield Nottingham NG17 7GR England to 26 Olga Court Nottingham NG3 2NH on 25 September 2023
Compulsory strike-off action has been suspended
First Gazette notice for compulsory strike-off
Compulsory strike-off action has been discontinued
Confirmation statement made on 3 February 2022 with no updates
Notification of Dhiraj Kakade as a person with significant control on 20 October 2021
First Gazette notice for compulsory strike-off
Cessation of Rohit Mehta as a person with significant control on 1 January 2021
Termination of appointment of Rohit Mehta as a director on 19 October 2021
Appointment of Mr Dhiraj Kakade as a director on 20 October 2021
Confirmation statement made on 3 February 2021 with no updates
Termination of appointment of Priyanka Mehta as a director on 20 September 2020
Cessation of Priyanka Mehta as a person with significant control on 20 September 2020
Registered office address changed from 39 Oakdale Road Bakersfield Nottingham NG3 7EL United Kingdom to 18 Diamond Avenue Kirkby-in-Ashfield Nottingham NG17 7GR on 17 March 2020
Confirmation statement made on 3 February 2020 with updates
Confirmation statement made on 3 February 2019 with updates
Statement of capital following an allotment of shares on 1 March 2018
Change of details for Mr Rohit Mehta as a person with significant control on 30 November 2018
Notification of Priyanka Mehta as a person with significant control on 30 November 2018
Appointment of Mrs Priyanka Mehta as a director on 30 November 2018
Confirmation statement made on 3 February 2018 with no updates

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