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Redline Construction Group Ltd.

11022617

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

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

Details

92 NUXLEY ROAD, BELVEDERE, DA17 5LD
Incorporated 19/10/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41202
Construction of domestic buildings

Officers

Mr Tripatpal Singh Saggu

director · Since 19/10/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Also on 4 other boards

Persons with Significant Control

Mr Tripatpal Singh Saggu

25–50% votes

British · United Kingdom · Age 44

92, Nuxley Road, Belvedere, DA17 5LD

Notified 19/10/2017

Former PSCs

Mr Manjit Gosal

Ceased 11/01/2019

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 18/10/2024Registered 21/10/2024

CompanyRankvs 31549+ SIC 41202 peers
45

Financial strength81th percentile among SIC peers · 20/25
Employees33th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.98× · 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 strength20/25 pts

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

Employees5/15 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 31/10/2024

Net Worth

£46k

Balance sheet strength

Cash

£13k

Cash in the bank

Net Current Assets

-£13k

Working capital

Current Assets

£588k

Current Liabilities

£601k

Fixed Assets

£150k

Debtors

£575k

1avg. employees

Tax at Year End(2022)

Corp tax£31k
VAT£886

Director Loans(2022)

Company owes directors£66k

Balance Sheet

Assets less current liabilities£137k
Signed by Mr Tripatpal Saggu 30 June 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.98-£91k
20231.04+£13k
20221.00+£25k£18k
20213.18+£50k£18k
20203.11+£18k
20191.51
20180.95

Derived from filed accounts. Not audited figures.