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Redstar Trading Limited

02710067

active
Private Limited Company
england wales
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 2 outstanding charges (-4)

Details

3RD FLOOR VYMAN HOUSE, HARROW, HA1 1BQ
Incorporated 27/04/1992

Compliance

Last accounts

31/08/2024

total exemption full

Next accounts due

31/05/2026

On track

Confirmation statement

Last: 11/09/2025

Due 25/09/2026

On track

Industry

47190
Other retail sale in non-specialised stores

Officers

Pratima Naresh Patel

secretary · Since 01/12/1997

BRITISH

Also on 9 other boards

Mr Naresh Raojibhai Patel

director · Since 01/09/2002

DIRECTOR

BRITISH · ENGLAND · Age 74

Also on 14 other boards

Persons with Significant Control

Mr Naresh Raojibhai Patel

50–75% shares

British · England · Age 74

3rd Floor Vyman House, 104 College Road, Harrow, HA1 1BQ

Notified 11/09/2016

Charges2 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 19/08/1992Registered 28/08/1992
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 15/07/1992Registered 21/07/1992

CompanyRankvs 7250+ SIC 47190 peers
47

Financial strength3th percentile among SIC peers · 1/25
Employees39th percentile among SIC peers · 6/15
LiquidityCurrent ratio 11.59× · 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 strength1/25 pts

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

Employees6/15 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 31/08/2024

Net Worth

-£83k

Balance sheet strength

Cash

£43k

Cash in the bank

Net Current Assets

£460k

Working capital

Current Assets

£504k

Current Liabilities

£43k

Fixed Assets

£24k

Debtors

£460k

1avg. employees

Tax at Year End(2023)

VAT£4k

Balance Sheet

Bank loans & overdrafts£29k
Assets less current liabilities£484k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
202411.59-£34k
20236.47+£18k£84k
20220.94+£60k
20210.78+£11k
20200.48-£335
20190.48-£360
20180.48

Derived from filed accounts. Not audited figures.