REMOTE MEDICAL INTERNATIONAL UK LTD Financials
- Company number
- 07590062CopyCopy
- Registered office
- 4500 Parkway, Solent Business Park, Whiteley, Fare 4500 Parkway, Solent Business Park, Whiteley, Fareham PO15 7AZ
- Incorporated
- 04/04/2011
Company snapshot
- Status
- Active
- Employees
- 38 (2023)
- Latest financial data
- 2023
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-197.20%vs 20222022: £1.64M
Total Assets
-47.12%vs 20222022: £10.44M
Cash in Bank
-94.91%vs 20222022: £4.73M
Total Liabilities
-19.18%vs 20222022: £8.80M
Employees
-1vs 20222022: 39
In 2023, REMOTE MEDICAL INTERNATIONAL UK LTD reported net assets of £-1.59M. The same filing shows total assets of £5.52M, cash in bank of £240.81K and total liabilities of £7.11M. Reported headcount was 38 in 2023. Total Assets fell from £10.44M in 2022 to £5.52M in 2023 (-47.12%). Okredo holds filed figures for 2021–2023; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
-197.20%from £1.64M in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures REMOTE MEDICAL INTERNATIONAL UK LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-203%vs 2021Cash in Bank
-85.2%vs 2021-61.5% a year compound (CAGR)
Total Assets
-73.9%vs 2021-49% a year compound (CAGR)
Total Liabilities
-63.8%vs 2021-39.8% a year compound (CAGR)
Employees
+15.2%vs 2021+5Biggest increase
Employees+15.2%
33 in 2021 to 38 in 2023
Biggest decrease
Net Assets-203%
£1.55M in 2021 to £-1.59M in 2023
REMOTE MEDICAL INTERNATIONAL UK LTD's filings pull in both directions between 2021 and 2023. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from REMOTE MEDICAL INTERNATIONAL UK LTD's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- -28.88%2023
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 128.76%2023
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 3.39%2023
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 4.36%2023
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £266.19K2023
- Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for REMOTE MEDICAL INTERNATIONAL UK LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 1.55M | 1.64M | -1.59M |
| Total Assets£ | 21.19M | 10.44M | 5.52M |
| Cash in Bank£ | 1.63M | 4.73M | 240.81K |
| Total Liabilities£ | 19.62M | 8.80M | 7.11M |
| Employees | 33 | 39 | 38 |
REMOTE MEDICAL INTERNATIONAL UK LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for REMOTE MEDICAL INTERNATIONAL UK LTD covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
REMOTE MEDICAL INTERNATIONAL UK LTD reported net assets of £-1.59M for 2023. That compares with £1.64M in 2022, a change of -197.20%.
REMOTE MEDICAL INTERNATIONAL UK LTD reported total assets of £5.52M for 2023. That compares with £10.44M in 2022, a change of -47.12%.
REMOTE MEDICAL INTERNATIONAL UK LTD reported cash in bank of £240.81K for 2023. That compares with £4.73M in 2022, a change of -94.91%.
REMOTE MEDICAL INTERNATIONAL UK LTD reported 38 employees in 2023, compared with 39 in 2022.
Between 2021 and 2023, REMOTE MEDICAL INTERNATIONAL UK LTD's net assets fell by 203%, cash in bank fell by 85.2%, total assets fell by 73.9% and total liabilities fell by 63.8%. Cash in bank contracted at 61.5% a year across the two years to 2023, from £1.63M to £240.81K. Reported headcount went from 33 in 2021 to 38 in 2023 (+5).
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.