Back to search

Red8 Commercial Limited

10152405

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

UNIT 9 GEMINI BUSINESS PARK, LEEDS, LS7 3JB
Incorporated 28/04/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Carlo Chun Ming Ng

director · Since 28/04/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Persons with Significant Control

Mr Carlo Chun Ming Ng

75–100% shares

British · England · Age 56

Unit 9, Gemini Business Park, Leeds, LS7 3JB

Notified 06/04/2018

CompanyRankvs 45214+ SIC 41100 peers
45

Financial strength14th percentile among SIC peers · 4/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.38× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength4/25 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.

Liquidity2/20 pts

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

Longevity10/15 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 31/08/2024

Net Worth

-£11k

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

-£94k

Working capital

Current Assets

£59k

Current Liabilities

£153k

Fixed Assets

£97k

Debtors

£10k

4avg. employees

Tax at Year End

Corp tax£7k

Balance Sheet

Bank loans & overdrafts£8k
Assets less current liabilities£3k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.38-£18k
20230.45+£6k
20220.89-£1k
20211.20
20201.80
20191.12+£293
20180.95

Derived from filed accounts. Not audited figures.