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Redcar Properties Limited

11887342

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

131 OAK ROAD, REDCAR, TS10 3RG
Incorporated 18/03/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
96090
Other personal service activities

Officers

Mr Allan Graham

director · Since 18/03/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 38

Miss Rebecca Mcnicholas

director · Since 18/03/2019

DEVELOPMENT ANALYST

BRITISH · UNITED KINGDOM · Age 37

Also on 7 other boards

Mr Daniel Mcnicholas

director · Since 15/03/2022

DIRECTOR

BRITISH · ENGLAND · Age 35

Also on 2 other boards

Persons with Significant Control

Mr Allan Graham

25–50% shares
25–50% votes

British · United Kingdom · Age 38

131, Oak Road, Redcar, TS10 3RG

Notified 18/03/2019

Former PSCs

Miss Rebecca Mcnicholas

Ceased 14/01/2020

Charges1 outstanding

Charge
outstanding

SHAWBROOK BANK LIMITED

Created 19/02/2021Registered 22/02/2021
Charge
satisfied

TOGETHER COMMERCIAL FINANCE LIMITED

Created 10/10/2019Registered 24/10/2019Satisfied 21/03/2022
Charge
satisfied

TOGETHER COMMERCIAL FINANCE LIMITED

Created 10/10/2019Registered 24/10/2019Satisfied 21/03/2022

CompanyRankvs 98627+ SIC 68100 peers
30

Financial strength6th percentile among SIC peers · 2/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.03× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength2/25 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.

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.

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 28/02/2025

Net Worth

-£59k

Balance sheet strength

Cash

£588

Cash in the bank

Net Current Assets

-£36k

Working capital

Current Assets

£1k

Current Liabilities

£37k

Fixed Assets

£144k

Debtors

£417

3avg. employees

Balance Sheet

Assets less current liabilities£108k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.03-£6k
20240.17-£8k
20230.26-£18k
20221.19-£5k
20212.50

Derived from filed accounts. Not audited figures.