Company Overview
Remco Solutions Ltd is listed at the official companies registry as in Liquidation Private Limited Company. The company was incorporated on Monday 17 May 2021. Remco Solutions Ltd has been in business for 4 years and 10 months. The accounts status is micro entity and the accounts are next due on Friday 28 February 2025.
Registered Address

Clyde Offices, 2Nd Floor, 48 West George Street, Glasgow, G2 1BP
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Companies House Data
Company NameREMCO SOLUTIONS LTD
Company NumberSC698996
Registered Office AddressClyde Offices
 2nd Floor, 48 West George Street
 G2 1BP
Company CategoryPrivate Limited Company
Company StatusLiquidation
Country of OriginUnited Kingdom
Incorporation Date17/05/2021
Accounting Reference Date Day31
Accounting Reference Date Month5
Accounts Next Due Date28/02/2025
Accounts Last Made Up Date31/05/2023
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date14/06/2022
Previous Company NameChanged Date
REMCO CONSTRUCTION, CONTRACTS & FACILITIES MANAGEMENT LTD08 Sep 2022
JSA CONTRACTS LTD17 Mar 2022
OHM SCOTLAND LTD16 Mar 2022
Directors & Members
Show Resigned
Jordan Allan - Director
(Scottish, 31 years old, born February 1995)
Appointed 17 May 2021
 Active
Adam Brown - Director
(British, 60 years old, born December 1966)
Appointed 03 November 2023
 Active
Michael Kennedy - Director
(Scottish, 46 years old, born April 1980)
Appointed 01 September 2024
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Jordan Allan
No companies found
Adam Brown
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REMCO GROUP LIMITED
Balance Sheet Unlock full report
Accounts Date 31-May-2023 31-May-2022
Balance Sheet
Fixed Assets 12,304 12,304
Current Assets 23,026 23,026
Creditors Due Within One Year 382 382
Working Cap 22,644 22,644
Total Assets Less Current Liabilities 34,948 34,948
Long-term Liabilities 21,015 21,015
Net Assets 13,933 13,933
Share Capital & Reserves
Share Cap - -
Profit & Loss Reserves - -
Other Reserves - -
Shareholders Funds 13,933 13,933
Common Size Financial Analysis Unlock full report
Accounts Date 31-May-2023 31-May-2022
Tangible Fixed Assets - -
Fixed Assets 34.8% 34.8%
Stocks Inventory - -
Debtors - -
Cash Bank In Hand - -
Current Assets 65.2% 65.2%
Creditors Due Within One Year 1.1% 1.1%
Net Current Assets Liabilities 64.1% 64.1%
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 39.4% 39.4%
Capital Employed - -
Total Assets Less Current Liabilities 98.9% 98.9%
Financial Ratio Analysis Unlock full report
Accounts Date 31-May-2023 31-May-2022
Liquidity Ratio 60.3 60.3
Solvency Ratio 1.7 1.7
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-2023 31-May-2022
Assets 35,330 35,330
Debt 21,397 21,397
Net Assets/Debt 13,933 13,933

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. The balance sheet presents modest net assets. 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. The balance sheet presents modest net assets. 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. The balance sheet presents modest net assets. 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
Registered office address changed from Merlin House Merlin Business Centre Hillington Glasgow G52 4XZ United Kingdom to Clyde Offices 2nd Floor, 48 West George Street Glasgow G2 1BP on 25 June 2025
Resolutions
Appointment of Mr Michael Hugh Kennedy as a director on 1 September 2024
Termination of appointment of Michael Hugh Kennedy as a director on 6 February 2024
Confirmation statement made on 30 January 2024 with updates
Registered office address changed from 11 Fairfield Place East Kilbride Glasgow G74 5LP Scotland to Merlin House Merlin Business Centre Hillington Glasgow G52 4XZ on 17 November 2023
Appointment of Mr Adam Brown as a director on 3 November 2023
Appointment of Mr Michael Hugh Kennedy as a director on 3 November 2023
Confirmation statement made on 1 March 2023 with updates
Termination of appointment of Michael Hugh Kennedy as a director on 18 January 2023
Registered office address changed from 1 Watt Place Neilston Neilston, Glasgow East Renfrewshire G78 3RH United Kingdom to 11 Fairfield Place East Kilbride Glasgow G74 5LP on 3 November 2022
Certificate of change of name
Appointment of Mr Michael Kennedy as a director on 5 July 2022
Confirmation statement made on 16 May 2022 with updates
Certificate of change of name
Certificate of change of name
Incorporation
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