Redcorn Limited
02768567
Healthy
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/05/2024
medium
Next accounts due
31/05/2026
Confirmation statement
Last: 27/11/2025
Due 11/12/2026
Industry
Officers
James Michael Thompson
director · Since 16/08/2018
British
Former
Robert Cartwright
nominee secretary · Resigned 19/02/1993
Wayne Patrick Phillips
secretary · Resigned 01/08/2014
Diana Elizabeth Redding
nominee secretary · Resigned 19/02/1993
Sharron Thompson
secretary · Resigned 21/07/2006
Steven Alan Thompson
secretary · Resigned 15/12/1997
Robert Cartwright
nominee director · Resigned 19/02/1993
Harold Frederick Crouzieres
nominee director · Resigned 19/02/1993
Barry George Luther
director · Resigned 15/12/1997
Jamie Thompson
director · Resigned 23/05/2018
Steven Allen Thompson
director · Resigned 16/08/2018
Steven Alan Thompson
director · Resigned 24/05/2017
CompanyRankvs 105+ SIC 46770 peers80
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the director with respect to going con
Key FinancialsYear ending 31/05/2024
Turnover
£41.2M
Annual revenue
Net Worth
£10.7M
Balance sheet strength
Cash
£1.2M
Cash in the bank
Profit Before Tax
£1.8M
Bottom line earnings
Net Current Assets
£4.6M
Working capital
Current Assets
£7.0M
Current Liabilities
£2.4M
Fixed Assets
£8.7M
Debtors
£5.8M
Cost of Sales
£30.1M
Gross Profit
£11.1M
Admin Expenses
£9.2M
Profit After Tax
£1.1M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 2.92 | +£605k |
| 2023 | 2.39 | — |
Derived from filed accounts. Not audited figures.