Redbanx Limited
10452111
Healthy
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Previously known as
Compliance
Last accounts
31/10/2024
total exemption full
Next accounts due
31/07/2026
Confirmation statement
Last: 18/01/2026
Due 01/02/2027
Industry
Officers
director · Since 18/08/2017
DIRECTOR
BRITISH · UNITED KINGDOM · Age 46
Also on 3 other boards
Former
director · Resigned 18/08/2017
Persons with Significant Control
Lai Ming Ng
Hong Konger · Hong Kong · Age 52
11, Woodford Avenue, Ilford, IG2 6UF
Notified 16/01/2019
Former PSCs
Ms Lai Ming Ng
Ceased 02/06/2017
James Scott Melville
Ceased 05/10/2017
Avoda Technology Ltd
Ceased 25/06/2018
Ms Lai Ming Ng
Ceased 16/01/2019
Baker Services Ltd
Ceased 16/01/2019
Change History
Active
Private Limited Company
11 WOODFORD AVENUE
ILFORD
CompanyRankvs 1070+ SIC 66190 peers64
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
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 director with respect to going concern are de
Key FinancialsYear ending 31/10/2025
Net Worth
£325k
Balance sheet strength
Cash
£371k
Cash in the bank
Profit Before Tax
£49k
Bottom line earnings
Net Current Assets
£332k
Working capital
Current Assets
£405k
Current Liabilities
£73k
Debtors
£34k
Admin Expenses
£324k
Profit After Tax
£47k
Tax at Year End
People Costs
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 5.58 | +£40k |
| 2024 | — | -£18k |
Derived from filed accounts. Not audited figures.