Red Electric Designs Limited
04329740
Healthy
- 3 outstanding charges (-6)
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 27/11/2025
Due 11/12/2026
Industry
Officers
director · Since 01/04/2006
ENGINEER
LITHUANIAN · UNITED KINGDOM · Age 49
Also on 2 other boards
director · Since 01/10/2010
ENGINEER
IRISH · NORTHERN IRELAND · Age 63
Also on 1 other board
Persons with Significant Control
Red Group 2016 Limited
Unit J, Chesham Close, Romford, RM7 7PJ
Reg: 10508319 · Uk Companies Registry · Limited Company
Notified 27/11/2021
Former PSCs
Mr Gerard Martin Mccarthy
Ceased 27/11/2021
Mr Gintaras Donato Meskauskas
Ceased 27/11/2021
Charges3 outstanding
BARCLAYS SECURITY TRUSTEE LIMITED
YORKLEM PROPERTIES LIMITED
YORKLEM PROPERTIES LIMITED
THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND
CompanyRankvs 156+ SIC 43210 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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2024
Net Worth
£2.9M
Balance sheet strength
Cash
£1.7M
Cash in the bank
Net Current Assets
£2.7M
Working capital
Current Assets
£4.0M
Current Liabilities
£1.3M
Fixed Assets
£437k
Debtors
£2.4M
Tax at Year End(2023)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 3.05 | +£435k |
| 2023 | 2.93 | +£325k |
| 2022 | 2.68 | +£687k |
| 2021 | 2.00 | +£53k |
| 2020 | 2.68 | +£416k |
| 2019 | 1.37 | +£760k |
| 2018 | 1.03 | -£383k |
| 2016 | 1.20 | — |
Derived from filed accounts. Not audited figures.