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Retail Advertising Ltd

06900143

active
ltd
england wales
Companies House
Insolvency history
Health Score
45 / 100

Notable Risks

25/30
Filing
0/30
Financial
20/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Active insolvency proceedings (-20)

Details

Unit 4, Faraday Close, Watford Business Park, Watford, WD18 8SA
Incorporated 08/05/2009

Previously known as

Redbus Retail Advertising Limited · until 27/02/2024

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 55

Also on 17 other boards

Simon Elliot Franks

director · Since 18/04/2023

British · England · Age 55

Former

Simon Elliot Franks

director · Resigned 15/02/2012

Dean Vincent Dorrell

director · Resigned 15/02/2012

Redbus Group Limited

corporate secretary · Resigned 17/12/2012

Stefan Leon Borson

director · Resigned 26/02/2015

Alan Steven Jacobs

director · Resigned 20/10/2020

James Steven Lane

director · Resigned 18/04/2023

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

Insolvency History1 case

creditors voluntary liquidation26/08/2026

Mark Rodney Newton (practitioner) · Nicola Joanne Meadows (practitioner)

Change History

officer appointedFRANKS, Simon Elliot
2026-08-11
statusactive
2026-08-11

Active

typeltd
2026-08-11

Private Limited Company

address line1Unit 4, Faraday Close
2026-08-11

UNIT 4, FARADAY CLOSE

post townWatford
2026-08-11

WATFORD

CompanyRankvs 6221+ SIC 73120 peers
28

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
Insolvency history -10
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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.

Risk deductions

Insolvency history: -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

-£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.