REMS TOTAL SOLUTIONS LTD

Executive Summary

REMS TOTAL SOLUTIONS LTD is an early-stage private limited company displaying high financial risk characterized by negative net assets and overdue statutory accounts. While ownership concentration may facilitate agile management, immediate attention is required to address liquidity shortfalls and regulatory compliance to ensure operational continuity. Further due diligence should focus on cash flow prospects and governance practices.

REMS TOTAL SOLUTIONS LTD - Analysis Report

Company Number: 14071155

Analysis Date: 2025-07-29 19:16 UTC

1. Risk Rating: HIGH
   The company exhibits significant solvency and liquidity risks, evidenced by negative net current assets (£-12,650) and net liabilities (£-12,650) within its first financial year. The overdue accounts filing further raises concerns about regulatory compliance and governance.

2. Key Concerns:

• Negative Net Assets and Current Liabilities Exceeding Current Assets: The company’s liabilities (£14,151) substantially exceed its cash (£1,501), indicating an inability to meet short-term obligations comfortably.
• Overdue Accounts Filing: The accounts due by 31 March 2024 have not been filed as of the next due date (31 December 2024), exposing the company to potential penalties and signaling possible administrative or financial distress.
• Limited Operating History and Small Scale: Incorporated in April 2022 and employing only one person, the company has minimal operational track record and small scale, which heightens risks regarding business sustainability and cash flow generation.

3. Positive Indicators:

• Single Shareholder with Full Control: Mr. John Nicholas Remblance controls 75-100% of shares and voting rights, potentially enabling swift decision-making and capital infusion if needed.
• Small Company Filing Regime Compliance: The company benefits from simplified accounting and audit exemption, reducing regulatory burden.
• No Indication of Director Disqualification or Insolvency Proceedings: The director is current and no insolvency or liquidation status is reported.

4. Due Diligence Notes:

• Investigate the reasons for the significant negative net assets—whether due to start-up losses, outstanding debts, or other factors.
• Confirm expected cash flow plans or capital injections to resolve the liquidity deficit.
• Clarify the cause and impact of the overdue accounts filing and whether management has plans to rectify compliance issues promptly.
• Examine operational plans, contracts, and revenue streams since turnover data is absent to assess business sustainability.
• Verify no undisclosed contingent liabilities or related party transactions impacting financial position.