The [Re]Design Group Ltd
11775492
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Joseph Sanginario
American · United States · Age 43
16, Great Chapel Street, London, W1F 8FL
Notified 18/01/2019
The Drala Project Collective
2629 Manhattan Avenue, Suite 307, Hermosa Beach, 90254
Reg: C4224909 · State Of California · General Stock Corporation
Notified 18/01/2019
CompanyRankvs 88902+ SIC 62020 peers39
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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.
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
-£215k
Balance sheet strength
Cash
£179k
Cash in the bank
Net Current Assets
-£207k
Working capital
Current Assets
£314k
Current Liabilities
£521k
Fixed Assets
£333
Debtors
£135k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 0.60 |
Derived from filed accounts. Not audited figures.