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Martin Tait Redheads Ltd.

01309356

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

BUXTON HOUSE, NEWCASTLE UPON TYNE, NE1 6NJ
Incorporated 20/04/1977

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

73110
Advertising agencies

Officers

Mr Howard William Tait

director · Since 11/07/1991

DIRECTOR

BRITISH · UNITED KINGDOM · Age 76

Also on 3 other boards

Mrs Kathleen Veronica Tait

director · Since 11/07/1991

DIRECTOR

BRITISH · UNITED KINGDOM · Age 77

Also on 2 other boards

Colette Thompson

secretary · Since 13/01/2003

BRITISH · Age 58

Also on 5 other boards

Persons with Significant Control

Mrs Kathleen Veronica Tait

25–50% shares

British · United Kingdom · Age 77

Buxton House, Newcastle Upon Tyne, NE1 6NJ

Notified 06/04/2016

Mr Howard William Tait

50–75% shares

British · United Kingdom · Age 76

Buxton House, Newcastle Upon Tyne, NE1 6NJ

Notified 06/04/2016

CompanyRankvs 108+ SIC 73110 peers
89

Financial strength99th percentile among SIC peers · 25/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 4.23× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/04/2025

Net Worth

£1.8M

Balance sheet strength

Cash

£980k

Cash in the bank

Net Current Assets

£890k

Working capital

Current Assets

£1.2M

Current Liabilities

£276k

Fixed Assets

£874k

Debtors

£186k

6avg. employees+2

Tax at Year End

VAT£8k

Balance Sheet

Assets less current liabilities£1.8M
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20254.23-£27k£159k
20243.60£166k

Derived from filed accounts. Not audited figures.