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Redbourne Wealth Management Ltd

06430777

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

TOWN WALL HOUSE, COLCHESTER, CO3 3AD
Incorporated 19/11/2007

Compliance

Last accounts

31/12/2021

full

Next accounts due

30/09/2023

Overdue

Confirmation statement

Last: 19/11/2022

Due 03/12/2023

Overdue

Industry

64999
Other financial service activities

Officers

Mr Edward Dymott

director · Since 19/11/2021

DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 30 other boards

Mr Peter O'Sullivan

director · Since 19/11/2021

DIRECTOR

BRITISH · ENGLAND · Age 63

Persons with Significant Control

Benchmark Capital Limited

75–100% shares
75–100% votes
Appoint directors

Broadlands Business Campus, Langhurst Wood Road, Horsham, RH12 4QP

Reg: 09404621 · England And Wales Registry · Private Limited Company

Notified 12/07/2018

Former PSCs

Ms Jennifer Ann Bomber

Ceased 01/04/2017

Mr Phillip Ivor Lane

Ceased 12/07/2018

Mr Gordon Hay

Ceased 12/07/2018

Mr Neal Andrew Aston

Ceased 12/07/2018

Insolvency History1 case

members voluntary liquidation28/09/2023

Thomas William Gardiner (practitioner) · Lee De'Ath (practitioner)

CompanyRankvs 5570+ SIC 64999 peers
67

Financial strength93th percentile among SIC peers · 23/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 4.84× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Insolvency history -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.

Employees14/15 pts

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

Liquidity20/20 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

Going concern doubt: -10 pts

Insolvency history: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are described

Key FinancialsYear ending 31/12/2021

Turnover

£1.6M

Annual revenue

Net Worth

£740k

Balance sheet strength

Cash

£924k

Cash in the bank

Profit Before Tax

£370k

Bottom line earnings

Net Current Assets

£738k

Working capital

Current Assets

£931k

Current Liabilities

£192k

Fixed Assets

£2k

Debtors

£7k

Cost of Sales

£175k

Gross Profit

£1.4M

Admin Expenses

£1.0M

Operating Profit

£370k

Profit After Tax

£299k

9avg. employees

Tax at Year End

Corp tax£71k
Dividends paid-£147k

People Costs

Wages & salaries£807k
NI contributions£92k
Prepared with Caseware UK (AP4) 2021.0.152

EstimatesDerived

YearCurrent RatioImplied Profit
20214.84+£289k
20202.94+£148k
20192.44

Derived from filed accounts. Not audited figures.