No Red Tape Ltd
05994571
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
30/11/2024
micro entity
Next accounts due
31/08/2026
Confirmation statement
Last: 07/11/2025
Due 21/11/2026
Industry
Officers
secretary · Since 10/11/2006
BRITISH · UNITED KINGDOM · Age 61
Also on 1 other board
director · Since 10/11/2006
LAWYER
BRITISH · SCOTLAND · Age 61
Also on 1 other board
Persons with Significant Control
Miss Susan Jane Francombe
British · Scotland · Age 61
3rd Floor, 86 - 90 Paul Street, London, EC2A 4NE
Notified 06/04/2016
CompanyRankvs 44194+ SIC 47910 peers41
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 30/11/2024
Net Worth
-£43k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£42k
Working capital
Current Assets
£2k
Current Liabilities
£44k
Fixed Assets
£1k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.05 | -£27k |
| 2023 | 0.49 | -£385 |
| 2022 | 0.40 | -£33k |
| 2021 | 2.43 | +£20k |
| 2020 | 1.49 | +£9k |
| 2019 | -2.60 | -£2k |
| 2018 | -3.31 | — |
Derived from filed accounts. Not audited figures.