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Redstar Works Ltd

10389795

active
Private Limited Company
england wales
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

FLAT 1, HOVE, BN3 3EG
Incorporated 22/09/2016

Compliance

Last accounts

30/09/2024

micro entity

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 16/09/2025

Due 30/09/2026

On track

Industry

16230
Manufacture of other builders' carpentry and joinery
74100
Specialised design activities

Officers

Mrs Teodora Vaskova Lazarova

director · Since 22/09/2016

DESIGNER

BULGARIAN · UNITED KINGDOM · Age 48

Also on 1 other board

Mr Ian Gary Burns

director · Since 31/10/2017

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 2 other boards

Persons with Significant Control

Mrs Teodora Vaskova Lazarova

75–100% shares

Bulgarian · United Kingdom · Age 48

Flat 1, 90 Cromwell Road, Hove, BN3 3EG

Notified 22/09/2016

CompanyRankvs 2632+ SIC 16230 peers
50

Financial strength57th percentile among SIC peers · 14/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.38× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength14/25 pts

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

Employees9/15 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 30/09/2024

Net Worth

£7k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£7k

Working capital

Current Assets

£4k

Current Liabilities

£10k

Fixed Assets

£1

2avg. employees

Balance Sheet

Assets less current liabilities£7k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.38+£34
20230.30
20221.03
20210.70+£1k
20200.76
20180.99

Derived from filed accounts. Not audited figures.