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23red Limited

03974936

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

95 QUEEN VICTORIA STREET, LONDON, EC4V 4HN
Incorporated 17/04/2000

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

73110
Advertising agencies

Officers

Julie Mangan

secretary · Since 17/11/2022

Mr Gagandeep Gadri

director · Since 17/11/2022

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 1 other board

Mr Roshan Gya

director · Since 17/11/2022

DIRECTOR

MAURITIAN · FRANCE · Age 45

Mr David Souilijaert

director · Since 17/11/2022

DIRECTOR

FRENCH · FRANCE · Age 47

Persons with Significant Control

Capgemini Uk Plc

75–100% shares

95, Queen Victoria Street, London, EC4V 4HN

Reg: 00943935 · Companies House · Plc

Notified 17/11/2022

Former PSCs

Miss Jane Stephanie Asscher

Ceased 17/11/2022

Mr Sean Kinmont

Ceased 17/11/2022

Charges0 outstanding

charge
satisfied

BARCLAYS BANK PLC

Created 19/07/2010Registered 22/07/2010Satisfied 05/10/2011
charge
satisfied

MICHAEL JAMES SQUIRE AND PAUL DOUGLAS HARRISON

Created 23/02/2009Registered 25/02/2009Satisfied 25/08/2022
charge
satisfied

BARCLAYS BANK PLC

Created 10/10/2006Registered 19/10/2006Satisfied 05/10/2011
charge
satisfied

KNIGHTON ESTATES LIMITED

Created 28/01/2004Registered 03/02/2004Satisfied 05/10/2011
charge
satisfied

BARCLAYS BANK PLC

Created 07/11/2000Registered 24/11/2000Satisfied 31/10/2022

CompanyRankvs 1795+ SIC 73110 peers
67

Financial strength49th percentile among SIC peers · 12/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.41× · 20/20
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 strength12/25 pts

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

Employees15/15 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

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 directors with respect to going concern are d

Key FinancialsYear ending 30/09/2022

Turnover

£9.9M

Annual revenue

Net Worth

£635

Balance sheet strength

Cash

£4.7M

Cash in the bank

Profit Before Tax

£1.4M

Bottom line earnings

Net Current Assets

£6.3M

Working capital

Current Assets

£8.9M

Current Liabilities

£2.6M

Fixed Assets

£61k

Debtors

£4.3M

Cost of Sales

£3.6M

Gross Profit

£6.3M

Admin Expenses

£4.9M

Operating Profit

£1.4M

Profit After Tax

£1.1M

55avg. employees+4

Tax at Year End

Corp tax£274k
Dividends paid£295k

People Costs

Wages & salaries£3.0M
NI contributions£321k

Balance Sheet

Assets less current liabilities£6.4M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20223.41
20212.34+£1.2M
20202.22+£480k
20192.39

Derived from filed accounts. Not audited figures.