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Red48 Limited

11202347

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

ALEXANDER & CO SCHOONERS BUSINESS PARK, WADEBRIDGE, PL27 6HB
Incorporated 13/02/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47430
Retail sale of audio and video equipment in specialised stores

Officers

Mr Edward John Mayne

director · Since 13/02/2018

DIRECTOR

BRITISH · ENGLAND · Age 56

Mrs Marieclare Mayne

director · Since 13/02/2018

GRAPHIC DESIGNER

BRITISH · ENGLAND · Age 50

Persons with Significant Control

Mr Edward John Mayne

25–50% shares
25–50% votes

British · England · Age 56

Alexander & Co Schooners Business Park, Bess Park Road, Wadebridge, PL27 6HB

Notified 13/02/2018

Mrs Marieclare Mayne

25–50% shares
25–50% votes

British · England · Age 50

Alexander & Co Schooners Business Park, Bess Park Road, Wadebridge, PL27 6HB

Notified 27/02/2020

CompanyRankvs 208+ SIC 47430 peers
71

Financial strength91th percentile among SIC peers · 23/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 4.68× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength23/25 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.

Liquidity20/20 pts

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

Longevity8/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 28/02/2025

Net Worth

£376k

Balance sheet strength

Cash

£94k

Cash in the bank

Net Current Assets

£359k

Working capital

Current Assets

£457k

Current Liabilities

£98k

Fixed Assets

£20k

Debtors

£289k

1avg. employees

Tax at Year End

Corp tax£78k

Balance Sheet

Assets less current liabilities£379k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20254.68+£74k
20247.74-£418
20235.24+£89k
20223.02+£14k
20213.78-£28k
20205.01+£104k
20193.46

Derived from filed accounts. Not audited figures.