Red Group 2016 Ltd
10508319
Some Concerns
- 4 outstanding charges (-8)
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 01/12/2025
Due 15/12/2026
Industry
Officers
Persons with Significant Control
Mr Gintaras Donato Meskauskas
Lithuanian · United Kingdom · Age 49
Unit J, Chesham Close, Romford, RM7 7PJ
Notified 02/12/2016
Mr Gerard Mccarthy
Irish · Northern Ireland · Age 63
Unit J, Chesham Close, Romford, RM7 7PJ
Notified 01/12/2017
Charges4 outstanding
BARCLAYS BANK PLC
BARCLAYS BANK PLC
BARCLAYS SECURITY TRUSTEE LIMITED
BARCLAYS SECURITY TRUSTEE LIMITED
Change History
Active
Private Limited Company
UNIT J
ROMFORD
CompanyRankvs 32487+ SIC 41100 peers45
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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
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
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Implied Profit |
|---|---|
| 2024 | +£26k |
| 2023 | +£27k |
| 2022 | +£38k |
Derived from filed accounts. Not audited figures.