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Cherry Red Records Limited

01392729

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

LYNTON HOUSE, LONDON, WC1H 9BQ
Incorporated 06/10/1978

Compliance

Last accounts

31/08/2024

medium

Next accounts due

31/05/2026

Overdue

Confirmation statement

Last: 27/07/2025

Due 10/08/2026

On track

Industry

32990
Other manufacturing

Officers

Iain Ronald Mcnay

director · Since 31/12/1991

DIRECTOR

BRITISH · ENGLAND · Age 79

Also on 15 other boards

Mr Adam John Velasco

secretary · Since 01/01/1996

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 53

Also on 17 other boards

Mr Adam John Velasco

director · Since 01/05/1998

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 17 other boards

Matthew David Bristow Ba Hons

director · Since 04/05/2004

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 53

Also on 1 other board

Persons with Significant Control

Mr Iain Ronald Mcnay

75–100% shares
75–100% votes

British · England · Age 79

The Citadel, Tidmore Lane, Reading, RG8 0PH

Notified 06/04/2016

CompanyRankvs 16320+ SIC 32990 peers
81

Financial strength99th percentile among SIC peers · 25/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.45× · 12/20
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.

Liquidity12/20 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 31/08/2021

Net Worth

£8.2M

Balance sheet strength

Cash

£3.3M

Cash in the bank

Net Current Assets

£2.7M

Working capital

Current Assets

£8.9M

Current Liabilities

£6.1M

Fixed Assets

£5.5M

Debtors

£5.1M

19avg. employees+1

Tax at Year End

Corp tax£309k

Balance Sheet

Intangible assets£1.4M
Assets less current liabilities£8.3M
Prepared with Sage Accounts Production Advanced 2021 - FRS102_2021

EstimatesDerived

YearCurrent RatioImplied Profit
20211.45+£1.9M
20201.57+£1.1M
20191.46

Derived from filed accounts. Not audited figures.