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Red Ridge Developments Limited

04047673

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
10/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • 6 outstanding charges (-10)

Details

158 HEATON PARK ROAD, NEWCASTLE UPON TYNE, NE6 5NR
Incorporated 04/08/2000

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Peter David Horne

director · Since 09/11/2000

PROPERTY DEVELOPER

ENGLISH · ENGLAND · Age 68

Also on 8 other boards

Mr Felix Horne

director · Since 23/03/2011

PROPERTY CONSULTANT

BRITISH · UNITED KINGDOM · Age 35

Felix Horne

secretary · Since 08/05/2017

Mr Rowan Peter Horne

director · Since 22/05/2018

PROPERTY MANAGER

BRITISH · ENGLAND · Age 29

Also on 2 other boards

Persons with Significant Control

Mrs Imogen Harrie Wegg

25–50% shares

British · England · Age 32

158 Heaton Park Road, Newcastle Upon Tyne, NE6 5NR

Notified 04/08/2016

Mr Rowan Peter Horne

25–50% shares

British · England · Age 29

158 Heaton Park Road, Newcastle Upon Tyne, NE6 5NR

Notified 04/08/2016

Mr Felix Horne

25–50% shares

British · England · Age 35

158 Heaton Park Road, Newcastle Upon Tyne, NE6 5NR

Notified 01/06/2023

Former PSCs

Ms Bizerka Horne

Ceased 30/05/2023

Charges6 outstanding

Charge
outstanding

STEPHEN ROBERT JOHN GOODMAN · RACHAEL KATHLEEN DEAN

Created 31/03/2025Registered 10/04/2025
Charge
outstanding

MENDIP (NORTH EAST) LIMITED

Created 17/01/2025Registered 20/01/2025
Charge
outstanding

WILLIAM GLENN MCDOWELL · WAYNE MCDOWELL

Created 17/01/2025Registered 20/01/2025
Charge
outstanding

LLOYDS BANK PLC

Created 02/07/2015Registered 22/07/2015
Charge
outstanding

LLOYDS BANK PLC

Created 07/07/2015Registered 10/07/2015
Charge
satisfied

THE FIVE LAMPS ORGANISATION

Created 16/04/2013Registered 03/05/2013Satisfied 14/10/2024
Charge
satisfied

THE FIVE LAMPS ORGANISATION

Created 16/04/2013Registered 24/04/2013Satisfied 28/10/2024
Charge
satisfied

THE FIVE LAMPS ORGANISATION

Created 16/04/2013Registered 24/04/2013Satisfied 14/10/2024
charge
outstanding

UNIVERSAL BUILDING SOCIETY

Created 20/09/2005Registered 24/09/2005
charge
satisfied

AIB GROUP (UK) PLC

Created 20/01/2003Registered 22/01/2003Satisfied 14/10/2024
charge
satisfied

AIB GROUP (UK) P.L.C.

Created 23/08/2001Registered 29/08/2001Satisfied 14/10/2024
charge
satisfied

AIB GROUP (UK) P.L.C.

Created 23/08/2001Registered 24/08/2001Satisfied 14/10/2024

CompanyRankvs 96395+ SIC 68209 peers
43

Financial strength92th percentile among SIC peers · 23/25
Employees0th percentile among SIC peers · 0/15
LiquidityNo balance sheet data · 0/20
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.

Employees0/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity0/20 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

£767k

Balance sheet strength

Cash

£815k

Cash in the bank

Net Current Assets

-£727k

Working capital

Current Assets

Current Liabilities

£1.5M

Fixed Assets

£1.5M

Balance Sheet

Bank loans & overdrafts£37k
Assets less current liabilities£804k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
2024+£83k
2023+£77k
2022+£70k
2021+£53k
20200.02+£39k
20190.05+£82k
20180.07

Derived from filed accounts. Not audited figures.