REMAC (PLANT HIRE & HAULAGE) LIMITED
is a private company, limited by shares, incorporated in England & Wales, registered number
13432306
. The registered office is 28 Christie Road, Stevenage, SG2 0NG.
Note Going Concern
The financial statements have been prepared on a going concern basis, which assumes that the Company will continue to operate for the foreseeable future and will be able to realize its assets and discharge its liabilities in the normal course of business.
For the year ending 30th June 2023, the Company reported a profit and a positive balance sheet position. However, subsequent to the year-end, the Company has been experiencing significant cash flow difficulties.
Due to the lack of information from the Directors, there is a material uncertainty which may cast significant doubt on the Company’s ability to continue as a going concern. Without detailed plans and measures from the management, it is difficult to assess whether the Company will be able to manage its cash flow issues and continue operations.
Given the current circumstances and the lack of sufficient information from the management, the Directors have concluded that there is a material uncertainty related to events or conditions that may cast significant doubt on the Company’s ability to continue as a going concern. These financial statements do not include the adjustments that would result if the Company was unable to continue as a going concern.