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Redenet Ltd

11358925

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

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

Details

7 ROUND COPSE, SOUTHAMPTON, SO45 5WN
Incorporated 14/05/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

63110
Data processing, hosting and related activities

Officers

Mr Timothy William Sherred

director · Since 14/05/2018

WEB DEVELOER

ENGLISH · ENGLAND · Age 60

Also on 5 other boards

Persons with Significant Control

Mr Timothy William Sherred

Significant control

English · England · Age 60

7 Round Copse, Dibden, Southampton, SO45 5WN

Notified 14/05/2018

CompanyRankvs 8136+ SIC 63110 peers
34

Financial strength8th percentile among SIC peers · 2/25
Employees48th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.05× · 2/20
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 strength2/25 pts

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

Employees7/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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 31/05/2025

Net Worth

-£23k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£25k

Working capital

Current Assets

£1k

Current Liabilities

£26k

Fixed Assets

£1k

1avg. employees

Balance Sheet

Assets less current liabilities-£23k
Signed by Mr Timothy Sherred 28th February 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.05+£0
20250.05-£4k
20240.01-£33k
20230.00+£3k
2022+£4k

Derived from filed accounts. Not audited figures.