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Retail Advertising Ltd

06900143

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

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

Details

UNIT 4, FARADAY CLOSE, WATFORD, WD18 8SA
Incorporated 08/05/2009

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 08/05/2026

Due 22/05/2027

On track

Industry

73120
Media representation

Officers

Mr Simon Elliot Franks

director · Since 18/04/2023

DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 17 other boards

Persons with Significant Control

Redbus Ventures Ltd

75–100% shares

Orwell House, Berners Street, London, W1T 3LN

Reg: 04475746 · Companies House · Private Limited Company

Notified 06/01/2020

Former PSCs

Heath Street Ltd

Ceased 06/01/2020

Charges0 outstanding

Charge
satisfied

COUTTS & COMPANY

Created 02/11/2020Registered 11/11/2020Satisfied 27/02/2025
charge
satisfied

REDBUS GROUP LIMITED

Created 20/02/2010Registered 10/03/2010Satisfied 27/02/2025

CompanyRankvs 6257+ SIC 73120 peers
38

Financial strength1th percentile among SIC peers · 0/25
Employees39th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.15× · 2/20
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 strength0/25 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.

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.

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

-£744k

Balance sheet strength

Cash

£63k

Cash in the bank

Net Current Assets

-£744k

Working capital

Current Assets

£128k

Current Liabilities

£872k

Debtors

£65k

1avg. employees

Tax at Year End

Corp tax£9
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20240.15+£461k
20230.24

Derived from filed accounts. Not audited figures.