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Redtree Ventures Limited

09600001

active
ltd
england wales
Companies House
Confirmation statement overdue
Health Score
75 / 100

Some Concerns

15/30
Filing
20/30
Financial
40/40
Risk
  • Confirmation statement overdue (-10)
  • No accounts filed in last 18 months (-5)

Details

62 Salisbury Road, Walmer, Deal, CT14 7QJ
Incorporated 20/05/2015

Previously known as

Mill Lane Ventures Limited · until 16/08/2015

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

25/12/2026

On track

Confirmation statement

Last: 20/05/2026

Due 03/06/2027

On track

Industry

41100
Development of building projects

Officers

Mr Paul Edward Summers

director · Since 20/05/2015

DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 20 other boards

Mr Paul Edward Summers

secretary · Since 20/05/2015

Also on 20 other boards

Mr Niall Patrick Smith

director · Since 20/05/2015

DIRECTOR

IRISH · ENGLAND · Age 53

Also on 11 other boards

Niall Patrick Smith

director · Since 20/05/2015

Irish · England · Age 53

Paul Edward Summers

director · Since 20/05/2015

British · England · Age 51

Paul Edward Summers

secretary · Since 20/05/2015

Former

Paul Martin Mcguinness

director · Resigned 22/05/2024

Persons with Significant Control

Mr Paul Martin Mcguinness

25–50% shares
25–50% votes

Irish · England · Age 52

51, Buick House, Kingston Upon Thames, KT2 6QS

Notified 06/04/2016

Mr Paul Edward Summers

25–50% shares
25–50% votes

British · England · Age 51

62, Salisbury Road, Deal, CT14 7QJ

Notified 06/04/2016

Mr Niall Patrick Smith

25–50% shares
25–50% votes

Irish · England · Age 53

51, Buick House, Kingston Upon Thames, KT2 6QS

Notified 06/04/2016

Change History

statusactive
2026-07-08

Active

typeltd
2026-07-08

Private Limited Company

address line162 Salisbury Road
2026-07-08

62 SALISBURY ROAD

post townDeal
2026-07-08

DEAL

CompanyRankvs 22169+ SIC 41100 peers
61

Financial strength74th percentile among SIC peers · 19/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.04× · 12/20
Longevity11 years trading (max 15) · 11/15
Filing complianceOne filing overdue · 5/15
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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.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity11/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance5/15 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 31/03/2024

Net Worth

£48k

Balance sheet strength

Cash

£413

Cash in the bank

Net Current Assets

£47k

Working capital

Current Assets

£1.2M

Current Liabilities

£1.2M

Debtors

£1.2M

4avg. employees

Tax at Year End

Corp tax£16k

People Costs

Wages & salaries£102k
NI contributions£8k

Balance Sheet

Bank loans & overdrafts£28k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20241.04-£12k
20231.04

Derived from filed accounts. Not audited figures.