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Redpalm Limited

02867514

active - proposal to strike off
Private Limited Company
england wales
Companies House
Health Score
N/A

Details

45 DEAN STREET, W1D 4QB
Incorporated 01/11/1993

Compliance

Last accounts

26/12/2021

small

Next accounts due

31/12/2023

Overdue

Confirmation statement

Last: 17/01/2023

Due 31/01/2024

Overdue

Industry

55100
Hotels and similar accommodation

Officers

Mr Jonathon James Cornaby

director · Since 28/11/2022

ACCOUNTANT

BRITISH · ENGLAND · Age 55

Also on 4 other boards

Mr Steffen Sebastian Fox

director · Since 05/05/2026

GERMAN · GERMANY · Age 42

Persons with Significant Control

Kapital Ventures Limited

75–100% shares
75–100% votes

45, Dean Street, London, W1D 4QB

Reg: 01802099 · Companies House · Private Limited Company

Notified 06/04/2016

Charges0 outstanding

Charge
satisfied

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ALCUIN GP LIMITED AS SECURITY AGENT

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CompanyRankvs 1707+ SIC 55100 peers
58

Financial strength97th percentile among SIC peers · 24/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.42× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees2/15 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.

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

represents a material uncertainty in regard to the Group’s ability to continue as a going concern, the board are confident that the refinancing of the Group’s debt will be achievable based on the strength of the trading business, the ongoing the recovery of the economy following the easing of res

Key FinancialsYear ending 26/12/2021

Net Worth

£5.7M

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£350k

Working capital

Current Assets

£1.2M

Current Liabilities

£826k

Fixed Assets

£6.1M

Debtors

£1.2M

Profit After Tax

-£13k

0avg. employees

Balance Sheet

Assets less current liabilities£6.4M
Prepared with Caseware UK (AP4) 2021.0.152

EstimatesDerived

YearCurrent Ratio
20211.42

Derived from filed accounts. Not audited figures.