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Redwood Bidco Limited

12736907

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)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

C/O EVALUATE LIMITED, LONDON, SE1 2AQ
Incorporated 13/07/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64209
Activities of other holding companies

Officers

Ms Vicky Harris

director · Since 16/01/2023

SOLICITOR - GENERAL COUNSEL

BRITISH · ENGLAND · Age 43

Also on 8 other boards

Mr Kevin Joseph Mccurry

director · Since 04/02/2025

CHIEF STRATEGIC OFFICER

AMERICAN · UNITED STATES · Age 59

Also on 8 other boards

Persons with Significant Control

Redwood Debtco Limited

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

C/O Evaluate Limited, 3 More London Riverside, London, SE1 2AQ

Reg: 12737206 · Companies House · Limited By Shares

Notified 13/07/2020

Former PSCs

Hg Incorporations Limited

Ceased 13/07/2020

Charges1 outstanding

Charge
outstanding

ALTER DOMUS (US) LLC (AS COLLATERAL AGENT)

Created 06/01/2023Registered 07/01/2023
Charge
satisfied

ARES CAPITAL CORPORATION AS COLLATERAL AGENT.

Created 17/11/2021Registered 25/11/2021Satisfied 28/12/2022
Charge
satisfied

ARES CAPITAL CORPORATION LIMITED AS COLLATERAL AGENT.

Created 17/11/2021Registered 24/11/2021Satisfied 28/12/2022
Charge
satisfied

GLAS TRUST CORPORATION LIMITED (AND ITS SUCCESSORS IN TITLE AND PERMITTED TRANSFEREES)

Created 17/08/2020Registered 26/08/2020Satisfied 20/09/2021

CompanyRankvs 59032+ SIC 64209 peers
4

Financial strength0th percentile among SIC peers · 0/25
Employees18th percentile among SIC peers · 3/15
LiquidityNo balance sheet data · 0/20
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 strength0/25 pts

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

Employees3/15 pts

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

Liquidity0/20 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

that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, management is responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless management either intend to liquidate the company or to cease operatio

Key FinancialsYear ending 31/12/2024

Net Worth

-£95.4M

Balance sheet strength

Cash

Cash in the bank

Profit Before Tax

-£10.5M

Bottom line earnings

Net Current Assets

-£10.2M

Working capital

Current Assets

Current Liabilities

£10.2M

Admin Expenses

£1.7M

Operating Profit

-£1.7M

Profit After Tax

-£10.5M

0avg. employees

Tax at Year End(2023)

Dividends paid-£36.4M

Balance Sheet

Assets less current liabilities-£10.2M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearImplied Profit
2024-£10.5M

Derived from filed accounts. Not audited figures.