Reds Group Limited
10802769
Some Concerns
- Negative net worth (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/03/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 04/06/2026
Due 18/06/2027
Industry
Officers
director · Since 14/11/2017
DIRECTOR
BRITISH · UNITED KINGDOM · Age 45
Also on 3 other boards
director · Since 01/05/2024
DIRECTOR
ENGLISH · ENGLAND · Age 51
Also on 4 other boards
Former
director · Resigned 19/11/2019
secretary · Resigned 19/05/2026
Persons with Significant Control
Boss Praa Limited
The Workshop, Shute Lane, Helston, TR13 9HY
Reg: 12864710 · Companies House · Limited Company
Notified 11/08/2021
Aube Capital Ltd
2nd Floor, 4 Beaconsfield Road, St. Albans, AL1 3RD
Reg: 15095603 · Companies House · Private Limited Company
Notified 04/10/2023
Former PSCs
Mr Michael Barry Adams
Ceased 19/11/2019
The Addition Group Limited
Ceased 14/11/2017
Mr Lloyd Anthony Burnard
Ceased 11/08/2021
Praa Holdings Limited
Ceased 11/08/2021
Charges1 outstanding
LLOYDS BANK COMMERCIAL FINANCE LTD
Change History
Active
Private Limited Company
THE WORKSHOP SHUTE LANE
HELSTON
CompanyRankvs 5966+ SIC 74901 peers29
Show leaderboard
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 30/09/2025
Net Worth
-£1.1M
Balance sheet strength
Cash
£122k
Cash in the bank
Net Current Assets
—
Working capital
Current Assets
—
Current Liabilities
£3.7M
Fixed Assets
£896k
Debtors
£2.3M
Director Loans(2024)
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | — | -£1.2M |
| 2024 | — | +£13k |
| 2023 | 1.01 | — |
Derived from filed accounts. Not audited figures.