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Redlum Developments Limited

07300902

active
Private Limited Company
Companies House
Health Score
62 / 100

Some Concerns

30/30
Filing
0/30
Financial
32/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

110 CORVE STREET, LUDLOW, SY8 1DJ
Incorporated 01/07/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43390
Other building completion and finishing

Officers

Sarah Louise Panniers

secretary · Since 01/07/2010

Mr Martin Clive Panniers

director · Since 01/07/2010

DIRECTOR

BRITISH · SCOTLAND · Age 59

Persons with Significant Control

Mr Martin Clive Panniers

75–100% shares
75–100% votes
Appoint directors

British · Scotland · Age 59

110, Corve Street, Ludlow, SY8 1DJ

Notified 06/04/2016

Charges4 outstanding

Charge
outstanding

BISHOPSGATE MORTGAGE CORPORATION LIMITED (3325367)

Created 04/12/2020Registered 09/12/2020
Charge
outstanding

BISHOPSGATE MORTGAGE CORPORATION LIMITED (3325367)

Created 04/12/2020Registered 09/12/2020
Charge
outstanding

BISHOPSGATE MORTGAGE CORPORATION LIMITED

Created 02/07/2014Registered 18/07/2014
Charge
outstanding

BISHOPSGATE MORTGAGE CORPORATION LIMITED

Created 02/07/2014Registered 18/07/2014

CompanyRankvs 28300+ SIC 43390 peers
32

Financial strength3th percentile among SIC peers · 1/25
Employees58th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.08× · 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.

Employees9/15 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 31/05/2025

Net Worth

-£64k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£47k

Working capital

Current Assets

£4k

Current Liabilities

£53k

Fixed Assets

£2k

2avg. employees

Balance Sheet

Assets less current liabilities-£45k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.08+£0
20250.08-£2k
20240.07+£18k
20230.44-£17k
20220.64-£44k
20211.03+£41k
20200.57-£3k
20190.72-£5k
20180.70

Derived from filed accounts. Not audited figures.