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Redtree (North London) Ltd

10558399

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

62 SALISBURY ROAD, DEAL, CT14 7QJ
Incorporated 11/01/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects
68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Paul Edward Summers

secretary · Since 11/01/2017

Also on 20 other boards

Mr Niall Patrick Smith

director · Since 11/01/2017

DIRECTOR

IRISH · ENGLAND · Age 53

Also on 11 other boards

Mr Ronan Thomas Connolly

director · Since 25/03/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Also on 8 other boards

Mr Paul Edward Summers

director · Since 25/03/2019

DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 20 other boards

Persons with Significant Control

Redtree (North London) Holdings Limited

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

62, Salisbury Road, Deal, CT14 7QJ

Reg: 11256050 · Companies House · Private Limited Company

Notified 15/03/2018

Former PSCs

Mr Niall Patrick Smith

Ceased 15/03/2018

Mr Paul Martin Mcguinness

Ceased 15/03/2018

Redtree Ventures Limited

Ceased 15/03/2018

Charges1 outstanding

Charge
outstanding

LYNXDEAN LIMITED

Created 14/11/2021Registered 26/11/2021
Charge
satisfied

LYNXDEAN LIMITED

Created 19/05/2021Registered 20/05/2021Satisfied 25/11/2021

CompanyRankvs 48450+ SIC 41100 peers
37

Financial strength13th percentile among SIC peers · 3/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.99× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength3/25 pts

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

Employees14/15 pts

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

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity9/15 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 31/03/2024

Net Worth

-£14k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

-£14k

Working capital

Current Assets

£1.7M

Current Liabilities

£1.7M

Debtors

£318k

4avg. employees

Tax at Year End

Corp tax£448

Balance Sheet

Assets less current liabilities-£14k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20240.99-£19k
20231.00+£7k
20221.00-£27k
20211.00+£2k
20201.01+£31k
20191.00

Derived from filed accounts. Not audited figures.