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Redwaters ( Heywood ) Ltd

12449665

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

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

Details

THE BARN, WORSLEY, M28 1DN
Incorporated 07/02/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Sean Francis Mccaul

director · Since 07/02/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Mr Kevin James Pearson

director · Since 07/02/2020

DIRECTOR

ENGLISH · ENGLAND · Age 64

Also on 4 other boards

Mr Andrew Barry Rush

director · Since 07/02/2020

DIRECTOR

ENGLISH · ENGLAND · Age 58

Also on 1 other board

Persons with Significant Control

Mr Andrew Barry Rush

25–50% shares
25–50% votes

English · England · Age 58

17, Ploughfields, Manchester, M28 1PL

Notified 07/02/2020

CompanyRankvs 42848+ SIC 41100 peers
47

Financial strength16th percentile among SIC peers · 4/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 7.33× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength4/25 pts

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

Employees2/15 pts

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

Liquidity20/20 pts

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

Longevity6/15 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 28/02/2025

Net Worth

-£7k

Balance sheet strength

Cash

£41

Cash in the bank

Net Current Assets

£36k

Working capital

Current Assets

£41k

Current Liabilities

£6k

Debtors

£41k

0avg. employees

Balance Sheet

Assets less current liabilities£36k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20257.33-£2k
202413.42-£583
20230.94

Derived from filed accounts. Not audited figures.