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Red Winches Limited

08948734

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT 3, CHARD, TA20 1DA
Incorporated 19/03/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74909
Other professional, scientific and technical activities

Officers

Mrs Amanda Jones

secretary · Since 19/03/2014

Mr Neal Jones

director · Since 19/03/2014

ENGINEERING DESIGNER

BRITISH · UNITED KINGDOM · Age 53

Also on 2 other boards

Persons with Significant Control

Red Engineering Group Ltd

75–100% shares
75–100% votes
Appoint directors

Furnham Close Industrial Estate, Chard, Somerset, TA20 1DA

Reg: 14846697 · Companies House · Limited Company

Notified 15/05/2023

Former PSCs

Mrs Amanda Jones

Ceased 15/05/2023

Mr Neal Jones

Ceased 15/05/2023

Charges1 outstanding

Charge
outstanding

NEAL JONES AMANDA JONES

Created 21/02/2025Registered 26/02/2025
Charge
satisfied

BARCLAYS SECURITY TRUSTEE LIMITED

Created 10/11/2020Registered 11/11/2020Satisfied 12/02/2025

CompanyRankvs 1083+ SIC 74909 peers
77

Financial strength99th percentile among SIC peers · 25/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.41× · 20/20
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 strength25/25 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.

Liquidity20/20 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 31/03/2025

Net Worth

£2.3M

Balance sheet strength

Cash

£1.2M

Cash in the bank

Net Current Assets

£1.3M

Working capital

Current Assets

£1.8M

Current Liabilities

£542k

Fixed Assets

£1.9M

Debtors

£409k

12avg. employees+1

Tax at Year End

Corp tax£155k

Balance Sheet

Assets less current liabilities£3.2M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20253.41+£430k
20242.43+£1.1M
20231.83+£516k
20221.81+£120k
20211.35

Derived from filed accounts. Not audited figures.