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Redburn Innovations Ltd

08846588

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

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

Details

2 CORNHILL, BURY ST EDMUNDS, IP33 1BE
Incorporated 15/01/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

79909
Other reservation service activities

Officers

Mr Charles Burnett Ramsay

director · Since 15/01/2014

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Persons with Significant Control

Fortingall Ventures Ltd

75–100% shares

Langham Hall, Langham, Bury St. Edmunds, IP31 3EF

Reg: 12747701 · Companies House · Private Limited Company

Notified 23/12/2020

Former PSCs

Mr Charles Burnett Ramsay

Ceased 23/12/2020

CompanyRankvs 1735+ SIC 79909 peers
48

Financial strength0th percentile among SIC peers · 0/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.87× · 6/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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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.

Employees15/15 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.

Longevity12/15 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 31/12/2024

Net Worth

-£2.7M

Balance sheet strength

Cash

£678k

Cash in the bank

Net Current Assets

-£278k

Working capital

Current Assets

£1.8M

Current Liabilities

£2.1M

Fixed Assets

£231k

Debtors

£1.1M

16avg. employees-1

Balance Sheet

Intangible assets£202k
Assets less current liabilities-£47k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.87-£200k
20230.78-£388k
20221.02-£354k
20211.59

Derived from filed accounts. Not audited figures.