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Red Composites (Uk) Limited

07170103

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

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

Details

24 MANNERS VIEW, NEWPORT, PO30 5FA
Incorporated 25/02/2010

Compliance

Last accounts

28/02/2026

total exemption full

Next accounts due

30/11/2027

On track

Confirmation statement

Last: 28/02/2026

Due 14/03/2027

On track

Industry

20600
Manufacture of man-made fibres

Officers

Mr Jeremy Richard Lester Dolby

director · Since 25/02/2010

DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Mr Iain James Cranwell

director · Since 01/08/2013

DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Also on 1 other board

Persons with Significant Control

Mr Iain James Cranwell

25–50% shares
25–50% votes

British · United Kingdom · Age 54

24, Manners View, Newport, PO30 5FA

Notified 06/04/2016

Mr Jeremy Richard Lester Dolby

25–50% shares
25–50% votes

British · United Kingdom · Age 61

24, Manners View, Newport, PO30 5FA

Notified 06/04/2016

Mr Derek Simon Richard Ness

25–50% shares
25–50% votes

British · United Kingdom · Age 71

24, Manners View, Newport, PO30 5FA

Notified 06/04/2016

CompanyRankvs 15+ SIC 20600 peers
81

Financial strength80th percentile among SIC peers · 20/25
Employees75th percentile among SIC peers · 11/15
LiquidityCurrent ratio 3.41× · 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 strength20/25 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.

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 28/02/2025

Net Worth

£1.1M

Balance sheet strength

Cash

£977k

Cash in the bank

Net Current Assets

£1.1M

Working capital

Current Assets

£1.5M

Current Liabilities

£446k

Fixed Assets

£52k

Debtors

£326k

11avg. employees-3

Tax at Year End(2023)

Corp tax£169k

Balance Sheet

Assets less current liabilities£1.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20253.41+£212k
20243.75-£7k
20232.71+£306k
20223.10+£124k
20212.23+£138k
20205.11+£72k
201916.92

Derived from filed accounts. Not audited figures.