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Redcurrant Gardens Property Ltd

11475548

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

7 REDBRIDGE LANE EAST, ILFORD, IG4 5ET
Incorporated 20/07/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Shmile Khan

director · Since 20/07/2018

BUSINESSMAN

BRITISH · ENGLAND · Age 42

Also on 53 other boards

Persons with Significant Control

Mr Shmile Khan

75–100% shares
75–100% votes
Appoint directors

British · England · Age 42

7, Redbridge Lane East, Ilford, IG4 5ET

Notified 20/07/2018

Charges2 outstanding

Charge
outstanding

INVESTEC BANK PLC

Created 21/06/2021Registered 02/07/2021
Charge
outstanding

INVESTEC BANK PLC

Created 21/06/2021Registered 02/07/2021

CompanyRankvs 57865+ SIC 68209 peers
53

Financial strength96th percentile among SIC peers · 24/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.07× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 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

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

£2.1M

Balance sheet strength

Cash

£89k

Cash in the bank

Net Current Assets

-£1.3M

Working capital

Current Assets

£103k

Current Liabilities

£1.4M

Fixed Assets

£3.4M

Debtors

£14k

3avg. employees+1

Tax at Year End(2023)

Corp tax£13k

Balance Sheet

Assets less current liabilities£2.1M
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20240.07+£30k
2023-£39k
2022+£2.0M
2021+£38k
2020+£60k

Derived from filed accounts. Not audited figures.