Red Source Ltd
12944473
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/10/2025
total exemption full
Next accounts due
31/07/2027
Confirmation statement
Last: 12/04/2026
Due 26/04/2027
Industry
Officers
director · Since 12/10/2020
DIRECTOR
BRITISH · UNITED KINGDOM · Age 65
Also on 2 other boards
Persons with Significant Control
Miss Suzanne Lyons
British · England · Age 59
20-22, Wenlock Road, London, N1 7GU
Notified 24/04/2026
Former PSCs
Mr James Vaughan
Ceased 24/04/2026
CompanyRankvs 49678+ SIC 70229 peers65
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/10/2025
Net Worth
£18k
Balance sheet strength
Cash
£16k
Cash in the bank
Net Current Assets
£13k
Working capital
Current Assets
£16k
Current Liabilities
£3k
Fixed Assets
£6k
Debtors
£28
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 6.20 | -£6k |
| 2024 | 3.30 | +£2k |
| 2023 | 2.86 | — |
Derived from filed accounts. Not audited figures.