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Redwater Projects Ltd

08881053

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • 2 outstanding charges (-4)

Details

THE BARN, WORSLEY, M28 1DN
Incorporated 07/02/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Neil Wilson Cartwright

director · Since 07/02/2014

DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 17 other boards

Mr Sean Francis Mccaul

director · Since 07/02/2014

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 21 other boards

Persons with Significant Control

Bagatelle Estates Ltd

25–50% shares
25–50% votes
Appoint directors

Bagatelle, Chaddock Lane, Manchester, M28 1DL

Reg: 08722481 · England And Wales · Company Limited By Shares

Notified 06/04/2016

Nwc Estates Ltd

25–50% shares
25–50% votes
Appoint directors

67, Chorley Old Road, Bolton, BL1 3AJ

Reg: 06451168 · England And Wales · Company Limited By Shares

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

GOLDENTREE FINANCIAL SERVICES PLC

Created 29/03/2018Registered 09/04/2018
Charge
outstanding

GOLDENTREE FINANCIAL SERVICES PLC

Created 29/03/2018Registered 09/04/2018

CompanyRankvs 51531+ SIC 41100 peers
31

Financial strength9th percentile among SIC peers · 2/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.06× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength2/25 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.

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.

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.

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 31/12/2024

Net Worth

-£41k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£12k

Working capital

Current Assets

£705

Current Liabilities

£13k

2avg. employees

Balance Sheet

Assets less current liabilities-£12k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.06+£86k
20230.00-£10k
20220.88-£4k
20210.89+£9k
20200.88-£72k
20190.94+£2k
20180.97

Derived from filed accounts. Not audited figures.