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Reddico Digital Ltd

12478393

active
Private Limited Company
Companies House
Health Score
62 / 100

Some Concerns

30/30
Filing
0/30
Financial
32/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 4 outstanding charges (-8)

Details

AVALON, BOURNEMOUTH, BH8 8EZ
Incorporated 24/02/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

73110
Advertising agencies

Officers

Mr Jonathan Lansdowne Russell

director · Since 18/11/2021

FINANCE DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Also on 22 other boards

Mrs Tamsin Nicola Ashmore

director · Since 16/05/2025

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 49

Also on 22 other boards

Mr Craig Lance Sher

director · Since 16/05/2025

DIRECTOR

BRITISH,AMERICAN · UNITED KINGDOM · Age 53

Also on 14 other boards

Persons with Significant Control

This Is Gain Ltd

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

Avalon, 26-32, Oxford Road, Bournemouth, BH8 8EZ

Reg: 16068670 · Companies House · Private Company Limited By Shares

Notified 10/03/2026

Former PSCs

Mr Nicholas Redding

Ceased 01/03/2020

Reddico Ltd

Ceased 10/03/2026

Web Marketing Group Limited

Ceased 10/03/2026

Charges4 outstanding

Charge
outstanding

GLAS TRUST CORPORATION LIMITED AS SECURITY AGENT (AS DEFINED IN THE INSTRUMENT)

Created 20/10/2022Registered 21/10/2022
Charge
outstanding

GLAS TRUST CORPORATION LIMITED AS SECURITY AGENT

Created 06/10/2022Registered 07/10/2022
Charge
outstanding

GLAS TRUST CORPORATION LIMITED (AS SECURITY AGENT FOR THE SECURED PARTIES (AS DEFINED IN THE IN

Created 16/12/2021Registered 20/12/2021
Charge
outstanding

GLAS TRUST CORPORATION LIMITED (AS SECURITY AGENT FOR THE SECURED PARTIES (AS DEFINED IN THE IN

Created 16/12/2021Registered 20/12/2021

CompanyRankvs 103310+ SIC 73110 peers
36

Financial strength52th percentile among SIC peers · 13/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 4.74× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength13/25 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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

However, the directors are aware of certain material uncertainties which may cause doubt on the company’s ability to continue as a going concern true The company is a subsidiary of This is Gain Topco Limited (formerly Sideshow Topco Limited) and has entered into guarantees in relation to group borrowings as detailed in the financial commitmen

Key FinancialsYear ending 31/03/2025

Net Worth

£1k

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

£1.3M

Working capital

Current Assets

£1.7M

Current Liabilities

£358k

Fixed Assets

£0

Debtors

£1.7M

0avg. employees-39
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20254.74
20242.84
20221.83-£125k
20211.73

Derived from filed accounts. Not audited figures.