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Red Ball Restorations Limited

06633503

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

NORTHFIELD HOUSE SHURDINGTON ROAD, CHELTENHAM, GL51 4UA
Incorporated 30/06/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

29201
Manufacture of bodies for motor vehicles
29320
Manufacture of other parts and accessories for motor vehicles

Officers

Mr William James Clark

secretary · Since 30/06/2008

VEHICLE RESTORER

BRITISH · UNITED KINGDOM · Age 72

Also on 5 other boards

Mr William James Clark

director · Since 30/06/2008

VEHICLE RESTORER

BRITISH · UNITED KINGDOM · Age 72

Also on 5 other boards

Persons with Significant Control

Mr William James Clark

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

British · United Kingdom · Age 72

Unit 2 The Elms, Rockhampton, Berkeley, GL13 9DR

Notified 06/04/2016

Mr William James Clark

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

British · United Kingdom · Age 72

Unit 2 The Elms, Rockhampton, Berkeley, GL13 9DR

Notified 01/07/2016

CompanyRankvs 407+ SIC 29201 peers
30

Financial strength24th percentile among SIC peers · 6/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength6/25 pts

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

Employees2/15 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

Going concern doubt: -10 pts

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

Going Concern Doubt

order to write off each asset over its estimated useful life. Stocks Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Going concern There are no material uncertainties that may cast significant doubt about the company's ability to continue as a going concern, the validity of which depends on the continued support of

Key FinancialsYear ending 30/06/2025

Net Worth

£1

Balance sheet strength

Cash

£509

Cash in the bank

Net Current Assets

-£70k

Working capital

Current Assets

£619

Current Liabilities

£71k

Fixed Assets

£2k

Profit After Tax

£582

0avg. employees

Balance Sheet

Assets less current liabilities-£68k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.01
20250.01
20240.01
20230.01
20220.01
20210.01

Derived from filed accounts. Not audited figures.