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Redas Associates Limited

09156901

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

1ST FLOOR 5 CENTURY COURT, WATFORD, WD18 9PX
Incorporated 01/08/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74909
Other professional, scientific and technical activities

Officers

Mrs Deborah Louise New

director · Since 01/08/2014

HOUSEWIFE

BRITISH · UNITED KINGDOM · Age 56

Also on 1 other board

Mr Richard Terence New

director · Since 01/08/2014

BANKER

BRITISH · UNITED KINGDOM · Age 58

Also on 1 other board

Persons with Significant Control

Mrs Deborah Louise New

25–50% shares
25–50% votes

British · United Kingdom · Age 56

2 Frankland Road, Croxley Green, Rickmansworth, WD3 3AU

Notified 06/04/2016

Mr Richard Terence New

25–50% shares
25–50% votes

British · United Kingdom · Age 58

2 Frankland Road, Croxley Green, Rickmansworth, WD3 3AU

Notified 06/04/2016

CompanyRankvs 40197+ SIC 74909 peers
47

Financial strength5th percentile among SIC peers · 1/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.79× · 6/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees13/15 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.

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

3avg. employees

Balance Sheet

Assets less current liabilities-£29k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.79-£62k
20231.00-£56k
20221.32+£6k
20211.36+£24k
20201.26-£3k
20191.43+£17k
20181.34

Derived from filed accounts. Not audited figures.