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Redbead Limited

05108795

active
Private Limited Company
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

45 SIMONSIDE TERRACE, NEWCASTLE UPON TYNE, NE6 5JY
Incorporated 22/04/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Vineh Jerath Bsc Msc Aca

secretary · Since 18/05/2004

SELF EMPLOYED

BRITISH · UNITED KINGDOM · Age 48

Roopika Jerath Bsc

director · Since 18/05/2004

SELF EMPLOYED

BRITISH · UNITED KINGDOM · Age 45

Vineh Jerath Bsc Msc Aca

director · Since 18/05/2004

SELF EMPLOYED

BRITISH · UNITED KINGDOM · Age 48

Persons with Significant Control

Mr Vineh Jerath

25–50% shares

British · United Kingdom · Age 48

45, Simonside Terrace, Newcastle Upon Tyne, NE6 5JY

Notified 06/04/2016

Mrs Roopika Jerath

25–50% shares

British · England · Age 45

45, Simonside Terrace, Newcastle Upon Tyne, NE6 5JY

Notified 06/04/2016

Charges4 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 28/07/2017Registered 17/08/2017
Charge
outstanding

LLOYDS BANK PLC

Created 06/06/2017Registered 06/06/2017
charge
outstanding

SVENSKA HANDELSBANKEN AB (PUBL)

Created 03/08/2004Registered 07/08/2004
charge
outstanding

SVENSKA HANDELSBANKEN AB (PUBL)

Created 03/08/2004Registered 07/08/2004

CompanyRankvs 76268+ SIC 68209 peers
47

Financial strength87th percentile among SIC peers · 22/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.03× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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76268Redbead Limited
57
How is this score calculated?
Financial strength22/25 pts

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

Employees3/15 pts

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

Liquidity2/20 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 30/04/2025

Net Worth

£375k

Balance sheet strength

Cash

£7k

Cash in the bank

Net Current Assets

-£371k

Working capital

Current Assets

£10k

Current Liabilities

£381k

Fixed Assets

£873k

Debtors

£3k

0avg. employees

Balance Sheet

Assets less current liabilities£502k
Signed by 2024-05-01Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20250.03+£0
20250.03+£14k
20240.00-£5k
20230.00-£16k
20220.02+£6k
20210.01+£7k
20200.02+£11k
20190.02—

Derived from filed accounts. Not audited figures.