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Red Chilli Projects Limited

06761365

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

RED CHILLI HOUSE 40, MIDDLEWICH, CW10 0PH
Incorporated 28/11/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70229
Management consultancy activities

Officers

Mr Philip Martin Bailes

director · Since 28/11/2008

SALES & MARKETING

BRITISH · ENGLAND · Age 59

Also on 1 other board

Persons with Significant Control

Mr Philip Martin Bailes

75–100% shares

British · England · Age 59

Red Chilli House 40, Greendale Drive, Middlewich, CW10 0PH

Notified 06/04/2016

Mrs Paula Jayne Bailes

25–50% shares

British · England · Age 55

Red Chilli House 40, Greendale Drive, Middlewich, CW10 0PH

Notified 25/08/2018

CompanyRankvs 8902+ SIC 70229 peers
79

Financial strength91th percentile among SIC peers · 23/25
Employees37th percentile among SIC peers · 6/15
LiquidityCurrent ratio 2.41× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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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.

Employees6/15 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.

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

£135k

Balance sheet strength

Cash

£48k

Cash in the bank

Net Current Assets

£116k

Working capital

Current Assets

£198k

Current Liabilities

£82k

Fixed Assets

£44k

Debtors

£121k

1avg. employees+1

Tax at Year End(2023)

Corp tax£20k
Dividends paid£37k

Balance Sheet

Intangible assets£3k
Assets less current liabilities£159k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.41-£16k
20233.30+£12k
20224.22+£60k
20212.90

Derived from filed accounts. Not audited figures.