Red 14 Plastics Limited
08585517
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 23/03/2023
director · Since 23/03/2023
MANAGING DIRECTOR
BRITISH · UNITED KINGDOM · Age 58
Also on 3 other boards
Persons with Significant Control
Industrial Engineering Plastics Ltd
Unit A1, Lakesmere Road, Waterlooville, PO8 9JU
Reg: 01979288 · United Kingdom · Limited Company
Notified 23/03/2023
Former PSCs
Mr Neil Richard Heath
Ceased 23/03/2023
CompanyRankvs 987+ SIC 22290 peers71
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 30/06/2022
Net Worth
£141k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£123k
Working capital
Current Assets
£177k
Current Liabilities
£53k
Fixed Assets
£18k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2022 | 3.31 | +£10k |
| 2021 | 2.81 | -£13k |
| 2020 | 8.68 | +£59k |
| 2019 | 4.59 | +£19k |
| 2018 | 2.26 | — |
Derived from filed accounts. Not audited figures.