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Red Evolution Ltd

01947860

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

DOUBLETREE COURT, ULVERSTON, LA12 7AD
Incorporated 17/09/1985

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Mr David Alexander Robinson

director · Since 27/09/1991

CONSULTANT

BRITISH · SCOTLAND · Age 62

Also on 3 other boards

Ms Caron Julie Rose

director · Since 06/04/2005

MANAGER

BRITISH · UNITED KINGDOM · Age 65

Also on 3 other boards

David Alexander Robinson

secretary · Since 08/10/2007

BRITISH

Ms Julie Mitchell-Mehta

director · Since 01/06/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Persons with Significant Control

Mr David Alexander Robinson

50–75% shares
50–75% votes

British · Scotland · Age 62

Roadside Cottage, Birse, AB34 5BT

Notified 06/04/2016

Ms Caron Julie Rose

25–50% shares
25–50% votes

British · United Kingdom · Age 65

Road Side Cottage, Birse, Aboyne, AB34 5BT

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 12/08/2015Registered 26/08/2015

CompanyRankvs 887+ SIC 62090 peers
77

Financial strength93th percentile among SIC peers · 23/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 4.33× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

£292k

Balance sheet strength

Cash

£123k

Cash in the bank

Net Current Assets

£272k

Working capital

Current Assets

£354k

Current Liabilities

£82k

Fixed Assets

£27k

Debtors

£231k

Profit After Tax

£77k

9avg. employees

Tax at Year End

Corp tax£25k
Dividends paid£83k

Balance Sheet

Intangible assets£5k
Assets less current liabilities£299k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20254.33-£6k
20242.95+£82k
20233.97-£9k
20223.21+£46k
20214.11+£85k
20205.00+£38k
20194.08+£23k
20171.88

Derived from filed accounts. Not audited figures.