Red Advance Limited
05437926
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 27/04/2005
SENIOR MANAGER
BRITISH · ENGLAND · Age 51
Also on 3 other boards
director · Since 19/03/2019
SOFTWARE ENGINEER
BRITISH · ENGLAND · Age 52
Also on 2 other boards
Persons with Significant Control
Mr Russell Elliot Donoff
British · United Kingdom · Age 52
Handel House, 95 High Street, Edgware, HA8 7DB
Notified 19/03/2019
Former PSCs
Mrs Esther Julia Donoff
Ceased 19/03/2019
CompanyRankvs 30792+ SIC 74909 peers51
Show leaderboard
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.
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
£5
Balance sheet strength
Cash
£44k
Cash in the bank
Net Current Assets
£862
Working capital
Current Assets
£65k
Current Liabilities
£64k
Fixed Assets
£9k
Debtors
£21k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.01 | — |
| 2024 | 1.32 | — |
| 2023 | 1.19 | — |
| 2022 | 5.22 | +£8k |
| 2021 | 1.65 | -£13k |
| 2020 | 1.79 | -£26k |
| 2019 | 1.43 | — |
Derived from filed accounts. Not audited figures.