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Red Dot 2 Developments Ltd

12238645

active
Private Limited Company
england wales
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

MILLENNIUM HOUSE SEVERN LINK DISTRIBUTION CENTRE, MATHERN, CHEPSTOW, NP16 6UN
Incorporated 02/10/2019

Compliance

Last accounts

31/03/2025

audit exemption subsidiary

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 01/10/2025

Due 15/10/2026

On track

Industry

41100
Development of building projects

Officers

Mr Neil Robert Beatson Ba Aca

director · Since 02/10/2019

GROUP CFO

BRITISH · ENGLAND · Age 48

Also on 15 other boards

Mr Matthew William Smith

director · Since 02/10/2019

COMPANY DIRECTOR

BRITISH · WALES · Age 57

Also on 34 other boards

Persons with Significant Control

Mr Matthew William Smith

Significant control

British · Wales · Age 57

Millennium House, Severn Link Distribution Centre, Mathern, Chepstow, NP16 6UN

Notified 02/10/2019

Kenai Holdings Limited

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

Millennium House, Newhouse Farm Industrial Estate, Chepstow, NP16 6UN

Reg: 08727492 · England & Wales · Private Limited Company

Notified 21/12/2022

Former PSCs

Studwelders Holdings Limited

Ceased 21/12/2022

Charges2 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 24/12/2025Registered 02/01/2026
Charge
outstanding

BARCLAYS BANK PLC

Created 22/12/2025Registered 24/12/2025

CompanyRankvs 31399+ SIC 41100 peers
46

Financial strength87th percentile among SIC peers · 22/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.06× · 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 strength22/25 pts

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

Employees10/15 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 31/03/2023

Net Worth

£317k

Balance sheet strength

Cash

£157k

Cash in the bank

Net Current Assets

-£2.6M

Working capital

Current Assets

£165k

Current Liabilities

£2.8M

Fixed Assets

£3.0M

Debtors

£8k

2avg. employees

Tax at Year End

Corp tax£28k

Balance Sheet

Assets less current liabilities£394k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20230.06
20220.01

Derived from filed accounts. Not audited figures.