Red Lining Limited
11868996
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Karwan Jamil Saudoun
Iraqi · England · Age 39
First Floor, 437-441, Coventry Road, Birmingham, B10 0TH
Notified 01/10/2025
Former PSCs
Mrs Sulochana Khadka
Ceased 01/04/2025
Mr Leon Taylor
Ceased 01/10/2025
CompanyRankvs 366+ SIC 46760 peers80
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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 31/03/2025
Turnover
£8.1M
Annual revenue
Net Worth
£4.4M
Balance sheet strength
Cash
£783k
Cash in the bank
Profit Before Tax
£1.7M
Bottom line earnings
Net Current Assets
£3.0M
Working capital
Current Assets
£3.6M
Current Liabilities
£676k
Fixed Assets
£1.5M
Debtors
£1.6M
Cost of Sales
£5.5M
Gross Profit
£2.6M
Admin Expenses
£740k
Operating Profit
£1.7M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 5.38 | +£1.3M |
| 2024 | 3.34 | +£1.2M |
| 2023 | 5.51 | +£807k |
| 2022 | 3.48 | +£556k |
| 2021 | 2.09 | +£368k |
| 2020 | 1.66 | — |
Derived from filed accounts. Not audited figures.