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The [Re]Design Group Ltd

11775492

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

16 GREAT CHAPEL STREET, LONDON, W1F 8FL
Incorporated 18/01/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Joseph Sanginario

director · Since 26/07/2022

NONE SUPPLIED

AMERICAN · UNITED STATES · Age 43

Persons with Significant Control

Mr Joseph Sanginario

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

American · United States · Age 43

16, Great Chapel Street, London, W1F 8FL

Notified 18/01/2019

The Drala Project Collective

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

2629 Manhattan Avenue, Suite 307, Hermosa Beach, 90254

Reg: C4224909 · State Of California · General Stock Corporation

Notified 18/01/2019

CompanyRankvs 88902+ SIC 62020 peers
39

Financial strength1th percentile among SIC peers · 0/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.6× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength0/25 pts

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

Employees11/15 pts

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

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity7/15 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 31/12/2024

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

2avg. employees

Balance Sheet

Assets less current liabilities-£207k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.60

Derived from filed accounts. Not audited figures.