Company Overview
Remitise Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Tuesday 30 May 2017, so this is a well established company. Remitise Limited has been in business for 8 years and 10 months. The accounts status is total exemption full and the accounts are next due on Saturday 28 February 2026.
Registered Address

International House, 36-38 Cornhill, London, EC3V 3NG
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Companies House Data
Company NameREMITISE LIMITED
Company Number10794814
Registered Office AddressInternational House
 36-38 Cornhill
 EC3V 3NG
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date30/05/2017
Accounting Reference Date Day31
Accounting Reference Date Month5
Accounts Next Due Date28/02/2026
Accounts Last Made Up Date31/05/2024
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date27/06/2018
Previous Company NameChanged Date
KHALI SERVICES LIMITED01 Jun 2022
Directors & Members
Show Resigned
Adebayo Familusi - Director
(British, 52 years old, born September 1974)
Appointed 31 May 2022
 Active
Mojisola Selesi - Director
(British, 59 years old, born May 1967)
Appointed 31 May 2022
 Active
Oladipupo Selesi - Director
(British, 58 years old, born October 1968)
Appointed 31 May 2022
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Adebayo Familusi
BANCOREMIT LIMITED
CAPEREMIT UK LIMITED
CLARIDGE PETROLEUM COMPANY LIMITED
IDEATION HOUSE LIMITED
SAFEWAY SOLUTIONS LIMITED
SEVENSEVEN SOLUTIONS LTD
SIGMA-LAUREN LIMITED
Mojisola Selesi
OLMOSE LTD
REMITISE GROUP LTD
Oladipupo Selesi
KEZIAH CARE CONSULT LTD
PETRA INVEST LTD
Balance Sheet Unlock full report
Accounts Date 31-May-2024 31-May-2022 31-May-2021
Balance Sheet
Fixed Assets 0 0 0
Current Assets 138,917 138,917 19,909
Creditors Due Within One Year 96,383 96,383 4,932
Working Cap 42,534 42,534 14,977
Total Assets Less Current Liabilities 42,534 42,534 14,977
Long-term Liabilities 3,750 3,750 14,954
Net Assets 38,784 38,784 23
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 38,784 38,784 23
Common Size Financial Analysis Unlock full report
Accounts Date 31-May-2024 31-May-2022 31-May-2021
Tangible Fixed Assets - - -
Fixed Assets 0.0% 0.0% 0.0%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - -
Current Assets 100.0% 100.0% 100.0%
Creditors Due Within One Year 69.4% 69.4% 24.8%
Net Current Assets Liabilities 30.6% 30.6% 75.2%
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 27.9% 27.9% 0.1%
Capital Employed - - -
Total Assets Less Current Liabilities 30.6% 30.6% 75.2%
Financial Ratio Analysis Unlock full report
Accounts Date 31-May-2024 31-May-2022 31-May-2021
Liquidity Ratio 1.4 1.4 4.0
Solvency Ratio 1.4 1.4 1.0
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 31-May-2024 31-May-2022 31-May-2021
Assets 138,917 138,917 19,909
Debt 100,133 100,133 19,886
Net Assets/Debt 38,784 38,784 23

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 appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet. 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 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 appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet. 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 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 appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet. 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
Confirmation statement made on 17 March 2026 with updates
Director's details changed for Miss Mojisola Olayide Selesi on 31 May 2022
Confirmation statement made on 31 May 2025 with no updates
Confirmation statement made on 31 May 2024 with no updates
Confirmation statement made on 31 May 2023 with no updates
Director's details changed for Mr Oladipupo Olayiwola Selesi on 31 May 2023
Director's details changed for Mrs Mojisola Olayide Selesi on 31 May 2023
Director's details changed for Mr Adebayo Adebola Familusi on 31 May 2023
Certificate of change of name
Confirmation statement made on 31 May 2022 with updates
Registered office address changed from 14 Beadle Place Callender Road Erith DA8 3FE United Kingdom to International House 36-38 Cornhill London EC3V 3NG on 31 May 2022
Notification of Remitise Group Limited as a person with significant control on 31 May 2022
Termination of appointment of Remitise Group Limited as a director on 31 May 2022
Appointment of Mrs Mojisola Olayide Selesi as a director on 31 May 2022
Appointment of Mr Adebayo Adebola Familusi as a director on 31 May 2022
Appointment of Mr Oladipupo Olayiwola Selesi as a director on 31 May 2022
Cessation of Ousman Sanyang as a person with significant control on 31 May 2021
Termination of appointment of Ousman Sanyang as a director on 31 May 2022
Appointment of Remitise Group Limited as a director on 31 May 2022
Confirmation statement made on 20 April 2022 with updates
Confirmation statement made on 4 April 2022 with updates
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