Back to search

Rednet Systems Limited

09098623

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

15 SKIDDAW CLOSE, WORCESTER, WR4 9HU
Incorporated 23/06/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development
62020
Information technology consultancy activities

Officers

Mr David Ronald Workman

director · Since 23/06/2014

INFORMATION TECHNOLOGY PROVIDER

BRITISH · ENGLAND · Age 67

Also on 2 other boards

Persons with Significant Control

Mr David Ronald Workman

75–100% shares

British · England · Age 67

Matthew Squire (Afa) And Company, 5 Moor Street, Worcester, WR1 3DB

Notified 06/04/2016

CompanyRankvs 5377+ SIC 62012 peers
77

Financial strength75th percentile among SIC peers · 19/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 3.46× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength19/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees11/15 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.

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

£26k

Balance sheet strength

Cash

£35k

Cash in the bank

Net Current Assets

£26k

Working capital

Current Assets

£37k

Current Liabilities

£11k

Fixed Assets

£277

Debtors

£2k

2avg. employees

Tax at Year End

Corp tax£4k
VAT£4k

Director Loans

Company owes directors£323

Balance Sheet

Assets less current liabilities£26k
Signed by Mr David Workman 28 July 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20243.46+£17k£85k
20231.41£37k
20221.05
20211.98+£1k£36k
20202.44£51k
20190.76£76k
20180.59

Derived from filed accounts. Not audited figures.