Redas Associates Limited
09156901
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/08/2014
HOUSEWIFE
BRITISH · UNITED KINGDOM · Age 56
Also on 1 other board
director · Since 01/08/2014
BANKER
BRITISH · UNITED KINGDOM · Age 58
Also on 1 other board
Persons with Significant Control
Mrs Deborah Louise New
British · United Kingdom · Age 56
2 Frankland Road, Croxley Green, Rickmansworth, WD3 3AU
Notified 06/04/2016
Mr Richard Terence New
British · United Kingdom · Age 58
2 Frankland Road, Croxley Green, Rickmansworth, WD3 3AU
Notified 06/04/2016
CompanyRankvs 40197+ SIC 74909 peers47
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 30/09/2024
Net Worth
-£29k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£60k
Working capital
Current Assets
£228k
Current Liabilities
£288k
Fixed Assets
£31k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.79 | -£62k |
| 2023 | 1.00 | -£56k |
| 2022 | 1.32 | +£6k |
| 2021 | 1.36 | +£24k |
| 2020 | 1.26 | -£3k |
| 2019 | 1.43 | +£17k |
| 2018 | 1.34 | — |
Derived from filed accounts. Not audited figures.