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Red Group 2016 Ltd

10508319

active
ltd
england wales
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • 4 outstanding charges (-8)

Details

Unit J, Chesham Close, Romford, RM7 7PJ
Incorporated 02/12/2016

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 01/12/2025

Due 15/12/2026

On track

Industry

41100
Development of building projects
41201
Construction of commercial buildings
41202
Construction of domestic buildings
64209
Activities of other holding companies

Officers

Gerard Martin Mccarthy

director · Since 02/12/2016

Irish · Northern Ireland · Age 63

Gintaras Donato Meskauskas

director · Since 02/12/2016

Lithuanian · United Kingdom · Age 49

Persons with Significant Control

Mr Gintaras Donato Meskauskas

25–50% shares

Lithuanian · United Kingdom · Age 49

Unit J, Chesham Close, Romford, RM7 7PJ

Notified 02/12/2016

Mr Gerard Mccarthy

25–50% shares

Irish · Northern Ireland · Age 63

Unit J, Chesham Close, Romford, RM7 7PJ

Notified 01/12/2017

Charges4 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 06/02/2026Registered 06/02/2026
Charge
outstanding

BARCLAYS BANK PLC

Created 06/02/2026Registered 06/02/2026
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 30/09/2021Registered 01/10/2021
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 09/09/2020Registered 15/09/2020

Change History

officer appointedMCCARTHY, Gerard Martin
2026-06-08
officer appointedMESKAUSKAS, Gintaras Donato
2026-06-08
statusactive
2026-06-08

Active

typeltd
2026-06-08

Private Limited Company

address line1Unit J
2026-06-08

UNIT J

post townRomford
2026-06-08

ROMFORD

CompanyRankvs 32487+ SIC 41100 peers
45

Financial strength79th percentile among SIC peers · 20/25
Employees68th percentile among SIC peers · 10/15
LiquidityNo balance sheet data · 0/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength20/25 pts

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

Employees10/15 pts

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

Liquidity0/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2024

Net Worth

£95k

Balance sheet strength

Cash

£13k

Cash in the bank

Net Current Assets

-£97k

Working capital

Current Assets

Current Liabilities

£110k

Fixed Assets

£1.5M

2avg. employees

Tax at Year End

Corp tax£9k

Balance Sheet

Bank loans & overdrafts£46k
Assets less current liabilities£1.4M
Prepared with IRIS Accounts Production

EstimatesDerived

YearImplied Profit
2024+£26k
2023+£27k
2022+£38k

Derived from filed accounts. Not audited figures.