remoat ltd
remoat ltd Company Information
Company Number
13200776
Next Accounts
Nov 2025
Shareholders
rebase ventures limited
pigs in flight ltd
Group Structure
View All
Industry
Business and domestic software development
Registered Address
65 the drive, shoreham-by-sea, BN43 5GD
Website
-remoat ltd Estimated Valuation
Pomanda estimates the enterprise value of REMOAT LTD at £8.1k based on a Turnover of £12k and 0.68x industry multiple (adjusted for size and gross margin).
remoat ltd Estimated Valuation
Pomanda estimates the enterprise value of REMOAT LTD at £0 based on an EBITDA of £-10.8k and a 4.17x industry multiple (adjusted for size and gross margin).
remoat ltd Estimated Valuation
Pomanda estimates the enterprise value of REMOAT LTD at £12.7k based on Net Assets of £5.4k and 2.37x industry multiple (adjusted for liquidity).
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Remoat Ltd Overview
Remoat Ltd is a live company located in shoreham-by-sea, BN43 5GD with a Companies House number of 13200776. It operates in the business and domestic software development sector, SIC Code 62012. Founded in February 2021, it's largest shareholder is rebase ventures limited with a 50% stake. Remoat Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £12k with unknown growth in recent years.
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Remoat Ltd Health Check
Pomanda's financial health check has awarded Remoat Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
6 Weak
Size
annual sales of £12k, make it smaller than the average company (£3.6m)
- Remoat Ltd
£3.6m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Remoat Ltd
- - Industry AVG
Production
with a gross margin of 41.9%, this company has a higher cost of product (73.1%)
- Remoat Ltd
73.1% - Industry AVG
Profitability
an operating margin of -90.5% make it less profitable than the average company (4.1%)
- Remoat Ltd
4.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (33)
- Remoat Ltd
33 - Industry AVG
Pay Structure
on an average salary of £68.5k, the company has an equivalent pay structure (£68.5k)
- Remoat Ltd
£68.5k - Industry AVG
Efficiency
resulting in sales per employee of £12k, this is less efficient (£120.5k)
- Remoat Ltd
£120.5k - Industry AVG
Debtor Days
it gets paid by customers after 112 days, this is later than average (58 days)
- Remoat Ltd
58 days - Industry AVG
Creditor Days
its suppliers are paid after 279 days, this is slower than average (39 days)
- Remoat Ltd
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Remoat Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Remoat Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 49.8%, this is a lower level of debt than the average (59.7%)
49.8% - Remoat Ltd
59.7% - Industry AVG
REMOAT LTD financials
Remoat Ltd's latest turnover from February 2024 is estimated at £12 thousand and the company has net assets of £5.4 thousand. According to their latest financial statements, we estimate that Remoat Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Feb 2022 | |
|---|---|---|---|
| Turnover | |||
| Other Income Or Grants | |||
| Cost Of Sales | |||
| Gross Profit | |||
| Admin Expenses | |||
| Operating Profit | |||
| Interest Payable | |||
| Interest Receivable | |||
| Pre-Tax Profit | |||
| Tax | |||
| Profit After Tax | |||
| Dividends Paid | |||
| Retained Profit | |||
| Employee Costs | |||
| Number Of Employees | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | |
|---|---|---|---|
| Tangible Assets | 7,000 | 8,000 | 9,000 |
| Intangible Assets | |||
| Investments & Other | |||
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | 7,000 | 8,000 | 9,000 |
| Stock & work in progress | |||
| Trade Debtors | 3,688 | 42,639 | 32,613 |
| Group Debtors | |||
| Misc Debtors | |||
| Cash | |||
| misc current assets | |||
| total current assets | 3,688 | 42,639 | 32,613 |
| total assets | 10,688 | 50,639 | 41,613 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 5,326 | 33,514 | 9,940 |
| Group/Directors Accounts | |||
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | |||
| total current liabilities | 5,326 | 33,514 | 9,940 |
| loans | |||
| hp & lease commitments | |||
| Accruals and Deferred Income | |||
| other liabilities | |||
| provisions | 927 | ||
| total long term liabilities | 927 | ||
| total liabilities | 5,326 | 34,441 | 9,940 |
| net assets | 5,362 | 16,198 | 31,673 |
| total shareholders funds | 5,362 | 16,198 | 31,673 |
| Feb 2024 | Feb 2023 | Feb 2022 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | |||
| Amortisation | |||
| Tax | |||
| Stock | |||
| Debtors | -38,951 | 10,026 | 32,613 |
| Creditors | -28,188 | 23,574 | 9,940 |
| Accruals and Deferred Income | |||
| Deferred Taxes & Provisions | -927 | 927 | |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | |||
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | |||
| Group/Directors Accounts | |||
| Other Short Term Loans | |||
| Long term loans | |||
| Hire Purchase and Lease Commitments | |||
| other long term liabilities | |||
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | |||
| overdraft | |||
| change in cash |
remoat ltd Credit Report and Business Information
Remoat Ltd Competitor Analysis
Perform a competitor analysis for remoat ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in BN43 area or any other competitors across 12 key performance metrics.
remoat ltd Ownership
REMOAT LTD group structure
Remoat Ltd has no subsidiary companies.
Ultimate parent company
REMOAT LTD
13200776
remoat ltd directors
Remoat Ltd currently has 2 directors. The longest serving directors include Mr Neil Witten (Feb 2021) and Mr Damien Tanner (Jun 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Neil Witten | England | 44 years | Feb 2021 | - | Director |
| Mr Damien Tanner | United Kingdom | 37 years | Jun 2023 | - | Director |
P&L
February 2024turnover
12k
-90%
operating profit
-10.8k
0%
gross margin
41.9%
-0.72%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
5.4k
-0.67%
total assets
10.7k
-0.79%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
remoat ltd company details
company number
13200776
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
February 2021
age
4
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
February 2024
previous names
N/A
accountant
-
auditor
-
address
65 the drive, shoreham-by-sea, BN43 5GD
Bank
-
Legal Advisor
-
remoat ltd Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to remoat ltd.
remoat ltd Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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remoat ltd Companies House Filings - See Documents
| date | description | view/download |
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