Red Apple Finance Limited
11248609
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 26/11/2025
Due 10/12/2026
Industry
Officers
director · Since 23/03/2018
COMPANY DIRECTOR
BRITISH · WALES · Age 62
Also on 15 other boards
director · Since 21/08/2020
FINANCE DIRECTOR
BRITISH · WALES · Age 45
Also on 1 other board
director · Since 15/07/2021
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 61
Also on 2 other boards
Former
director · Resigned 19/10/2018
director · Resigned 01/11/2018
director · Resigned 31/03/2020
director · Resigned 14/10/2020
director · Resigned 15/07/2021
director · Resigned 30/11/2022
Persons with Significant Control
Andrew Alistair Masters
British · Wales · Age 62
Floor 2 Wing A Global Reach, Dunleavy Drive, Cardiff, CF11 0SN
Notified 11/03/2018
Charges1 outstanding
BARCLAYS BANK PLC
Change History
Active
Private Limited Company
FLOOR 2, WING A GLOBAL REACH
CARDIFF
CompanyRankvs 4662+ SIC 66190 peers33
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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.
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
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.00 | +£76k |
| 2023 | 2.48 | — |
Derived from filed accounts. Not audited figures.