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Redtree Ventures Limited

09600001

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

62 SALISBURY ROAD, DEAL, CT14 7QJ
Incorporated 20/05/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

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

Mr Paul Edward Summers

director · Since 20/05/2015

DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 20 other boards

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

CompanyRankvs 10739+ SIC 41100 peers
71

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 complianceAll filings up to date · 15/15
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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 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 31/03/2024

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+£98k
20221.00+£199k
2021+£116k
2020-£79k
2019-£106k

Derived from filed accounts. Not audited figures.