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Redemption Brewing Company Limited

06811729

active
Private Limited Company
england wales
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

UNIT 16 COMPASS WEST INDUSTRIAL ESTATE, TOTTENHAM, N17 0XL
Incorporated 06/02/2009

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 06/02/2026

Due 20/02/2027

On track

Industry

11050
Manufacture of beer

Officers

Mr Andrew Moffat

director · Since 06/02/2009

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 53

Also on 1 other board

Mrs Samantha Rigby

director · Since 12/06/2014

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Also on 1 other board

Persons with Significant Control

Mr Andrew Moffat

25–50% shares

British · England · Age 53

Unit 16, Compass West Industrial Estate, Tottenham, N17 0XL

Notified 01/01/2017

Mrs Samantha Rigby

25–50% shares

British · England · Age 50

Unit 16, Compass West Industrial Estate, Tottenham, N17 0XL

Notified 01/01/2017

Charges2 outstanding

Charge
outstanding

CLOSE BROTHERS LIMITED (THE “SECURITY TRUSTEE�)

Created 23/11/2023Registered 11/12/2023
Charge
outstanding

REDEMPTION PENSION SCHEME

Created 09/11/2015Registered 11/11/2015
Charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 09/11/2015Registered 10/11/2015Satisfied 13/10/2023
charge
satisfied

MOURANT PROPERTY TRUSTEES LIMITED AND MOURANT & CO TRUSTEES LIMITED AS TRUSTEES OF THE TOTTENHA

Created 14/09/2009Registered 25/09/2009Satisfied 15/09/2015

CompanyRankvs 787+ SIC 11050 peers
34

Financial strength2th percentile among SIC peers · 1/25
Employees74th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.24× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 pts

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

Employees11/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2024

Net Worth

-£705k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£442k

Working capital

Current Assets

£142k

Current Liabilities

£584k

Fixed Assets

£164k

Debtors

£61k

Profit After Tax

-£115k

5avg. employees

Tax at Year End

Corp tax£77k

Balance Sheet

Assets less current liabilities-£278k
Prepared with Sage Accounts Production 25.0 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20240.24-£73k
20230.27-£30k
20220.27-£98k
20210.38-£66k
20200.35-£290k
20190.89-£201k
20181.50

Derived from filed accounts. Not audited figures.