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Redimeer Limited

11473724

active
Private Limited Company
england wales
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)
  • Going concern doubt noted in accounts (-10)

Details

BUILDING 18, GATEWAY 1000, WHITTLE WAY, STEVENAGE, SG1 2FP
Incorporated 19/07/2018

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 18/05/2025

Due 01/06/2026

Overdue

Industry

96090
Other personal service activities

Officers

Mr Nicholas Kyriacou

director · Since 19/07/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Also on 5 other boards

Mr Dipak Patel

director · Since 19/07/2018

DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 4 other boards

Persons with Significant Control

Mr Dipak Patel

25–50% shares
25–50% votes
Appoint directors

British · England · Age 54

Building 18, Gateway 1000,, Whittle Way, Stevenage, SG1 2FP

Notified 19/07/2018

Mr Nicholas Kyriacou

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 59

Building 18, Gateway 1000,, Whittle Way, Stevenage, SG1 2FP

Notified 19/07/2018

Charges0 outstanding

Charge
satisfied

HITACHI CAPITAL (UK) PLC

Created 18/04/2019Registered 18/04/2019Satisfied 01/06/2022

CompanyRankvs 73541+ SIC 96090 peers
30

Financial strength3th percentile among SIC peers · 1/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.27× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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73541Redimeer Limited
39
How is this score calculated?
Financial strength1/25 pts

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

Employees14/15 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.

Risk deductions

Going concern doubt: -10 pts

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

Going Concern Doubt

delivered to the Registrar of Companies. D Patel Director Approved by the board on 17 September 2025 Redimeer Limited Notes to the Accounts for the year ended 31 December 2024 1 Accounting policies Going Concern The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern. B

Key FinancialsYear ending 31/12/2024

Net Worth

-£73k

Balance sheet strength

Cash

£16k

Cash in the bank

Net Current Assets

-£68k

Working capital

Current Assets

£25k

Current Liabilities

£93k

Fixed Assets

£1k

Debtors

£9k

5avg. employees-3

Balance Sheet

Bank loans & overdrafts£5k
Assets less current liabilities-£67k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.27-£14k
20230.40—
20221.72—
20210.76-£18k
20200.63+£57k
20190.66—

Derived from filed accounts. Not audited figures.