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Red Brick It Solutions Limited

08929433

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

2 ROUS COURT, BASTON, PE6 9AQ
Incorporated 07/03/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Emma Bush

secretary · Since 07/03/2014

Also on 1 other board

Emma Bush

director · Since 07/03/2014

WEB DEVELOPER

BRITISH · ENGLAND · Age 50

Also on 1 other board

Mr Darren Michael Bush

director · Since 01/02/2019

SALES DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 3 other boards

Persons with Significant Control

Emma Bush

75–100% shares

British · England · Age 50

2, Rous Court, Baston, PE6 9AQ

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

FLEX ABL LIMITED

Created 22/10/2021Registered 22/10/2021
Charge
satisfied

ADVANTEDGE COMMERCIAL FINANCE LIMITED

Created 10/08/2020Registered 10/08/2020Satisfied 19/11/2021
Charge
satisfied

ALDERMORE BANK PLC

Created 12/06/2015Registered 16/06/2015Satisfied 01/11/2021

CompanyRankvs 27317+ SIC 62020 peers
60

Financial strength88th percentile among SIC peers · 22/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.72× · 6/20
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 strength22/25 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.

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 31/07/2024

Net Worth

£109k

Balance sheet strength

Cash

£18k

Cash in the bank

Net Current Assets

-£154k

Working capital

Current Assets

£395k

Current Liabilities

£549k

Fixed Assets

£441k

Debtors

£333k

Profit After Tax

£128k

13avg. employees+3

Tax at Year End

Corp tax£115k
Dividends paid£77k

Balance Sheet

Assets less current liabilities£287k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.72-£29k
20230.96+£61k
20220.80+£22k
20210.82-£12k
20201.00+£62k
20190.69+£2k
20180.65

Derived from filed accounts. Not audited figures.