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Red Apple Finance Limited

11248609

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

FLOOR 2, WING A GLOBAL REACH, CARDIFF, CF11 0SN
Incorporated 11/03/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

66190
Other activities auxiliary to financial services

Officers

Mr Andrew Alistair Masters

director · Since 23/03/2018

COMPANY DIRECTOR

BRITISH · WALES · Age 62

Also on 15 other boards

Mr Jonathan Pinkerton

director · Since 21/08/2020

FINANCE DIRECTOR

BRITISH · WALES · Age 45

Also on 1 other board

Mr Malcolm Trevor Guest

director · Since 15/07/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 2 other boards

Persons with Significant Control

Andrew Alistair Masters

50–75% shares
50–75% votes
Appoint directors

British · Wales · Age 62

Floor 2 Wing A Global Reach, Dunleavy Drive, Cardiff, CF11 0SN

Notified 11/03/2018

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 21/11/2019Registered 21/11/2019

CompanyRankvs 4746+ SIC 66190 peers
33

Financial strength9th percentile among SIC peers · 2/25
Employees80th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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4746Red Apple Finance Limited
39
How is this score calculated?
Financial strength2/25 pts

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

Employees12/15 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.

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.

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 31/12/2024

Net Worth

-£7k

Balance sheet strength

Cash

£1.6M

Cash in the bank

Net Current Assets

-£7k

Working capital

Current Assets

£1.6M

Current Liabilities

£1.6M

3avg. employees

Balance Sheet

Assets less current liabilities-£7k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.00+£76k
20232.48+£43k
20221.34+£20k
20211.24+£34k
20201.24-£55k
20191.34—

Derived from filed accounts. Not audited figures.