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Redi 205 Limited

07807416

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

9 WATER'S EDGE, PORTHCAWL, CF36 5NE
Incorporated 12/10/2011

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 21/07/2025

Due 04/08/2026

On track

Industry

41100
Development of building projects
68209
Other letting and operating of own or leased real estate

Officers

Mr Paul Edward Bailey

director · Since 12/10/2011

PROPERTY DEVELOPER

BRITISH · WALES · Age 81

Also on 8 other boards

Mrs Anne Elizabeth Griffiths Ba(Hons)Dip Rsa

director · Since 14/10/2013

COMPANY DIRECTOR

BRITISH · WALES · Age 73

Also on 33 other boards

Persons with Significant Control

Mr Paul Edward Bailey

75–100% shares
75–100% votes

British · Wales · Age 81

9 Water's Edge, 66h Beach Road, Porthcawl, CF36 5NE

Notified 06/04/2016

CompanyRankvs 41536+ SIC 41100 peers
52

Financial strength23th percentile among SIC peers · 6/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.79× · 6/20
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 strength6/25 pts

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

Employees10/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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 31/10/2025

Net Worth

£1

Balance sheet strength

Cash

£52k

Cash in the bank

Net Current Assets

-£482k

Working capital

Current Assets

£1.8M

Current Liabilities

£2.3M

Fixed Assets

£7k

Debtors

£32k

2avg. employees

Balance Sheet

Assets less current liabilities-£475k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.79
20240.84
20230.92

Derived from filed accounts. Not audited figures.