Red Sky Festival Limited
11026024
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/10/2024
micro entity
Next accounts due
31/07/2026
Confirmation statement
Last: 22/10/2025
Due 05/11/2026
Industry
Officers
Former
director · Resigned 02/01/2020
Persons with Significant Control
Quintet Events Limited
Unit 23 Easter Park, Benyon Road, Reading, RG7 2PQ
Reg: 10944450 · England & Wales · Limited Company
Notified 23/10/2017
Change History
Active
Private Limited Company
1 GORDON PALMER CLOSE
MORTIMER
CompanyRankvs 6216+ SIC 90020 peers50
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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.
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
£62k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£50k
Working capital
Current Assets
£1k
Current Liabilities
£51k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.03 | +£569 |
| 2023 | 0.04 | +£503 |
| 2022 | 0.05 | +£5k |
| 2021 | 0.04 | +£21k |
| 2020 | 0.34 | +£3k |
| 2019 | 0.37 | +£10k |
| 2018 | 0.53 | — |
Derived from filed accounts. Not audited figures.