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Redbrain Limited

10434678

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

AZETS, TAMWORTH, B78 3HL
Incorporated 18/10/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Mr Andrew John Stevens

director · Since 18/10/2016

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 1 other board

Mr Michael John Bennell Smith

director · Since 24/03/2025

DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 6 other boards

Mr Jared Owen

director · Since 27/05/2025

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 2 other boards

Persons with Significant Control

Redbrain Holdings Limited

75–100% shares
75–100% votes
Appoint directors

Office 3, St Ann's House, Lightwater, GU18 5RA

Reg: 13282279 · Companies House · Limited By Shares

Notified 11/08/2021

Former PSCs

Mr Douglas Stuart Scott

Ceased 11/08/2021

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 22/12/2023Registered 27/12/2023

CompanyRankvs 103140+ SIC 62090 peers
51

Financial strength43th percentile among SIC peers · 11/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.71× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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10314Redbrain Limited
71
How is this score calculated?
Financial strength11/25 pts

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

Employees15/15 pts

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

Liquidity20/20 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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/01/2024

Net Worth

£114

Balance sheet strength

Cash

£784k

Cash in the bank

Profit Before Tax

£4.5M

Bottom line earnings

Net Current Assets

£12.7M

Working capital

Current Assets

£20.2M

Current Liabilities

£7.4M

Fixed Assets

£930k

Debtors

£19.4M

Cost of Sales

£42.9M

Admin Expenses

£8.9M

Profit After Tax

£3.6M

56avg. employees-16

Tax at Year End

Corp tax£1.0M
Dividends paid£170k

People Costs

Wages & salaries£4.2M

Balance Sheet

Intangible assets£888k
Assets less current liabilities£13.7M
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20242.71
20232.34
20222.01
20201.33
20191.18

Derived from filed accounts. Not audited figures.