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Mica Redd Limited

13339796

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

THE BARN, NOTTINGHAM, NG14 7EB
Incorporated 16/04/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mrs Nicola Reddington

director · Since 16/04/2021

DIRECTOR

ENGLISH · ENGLAND · Age 37

Also on 1 other board

Mr Sean Reddington

director · Since 16/04/2021

DIRECTOR

BRITISH · ENGLAND · Age 43

Persons with Significant Control

Mr Sean Reddington

25–50% shares
25–50% votes
Appoint directors

British · England · Age 43

Unit 13e, 92 Burton Road, Sheffield, S3 8BX

Notified 16/04/2021

Mrs Nicola Reddington

25–50% shares
25–50% votes
Appoint directors

English · England · Age 37

Unit 13e, 92 Burton Road, Sheffield, S3 8BX

Notified 16/04/2021

CompanyRankvs 209012+ SIC 68209 peers
26

Financial strength0th percentile among SIC peers · 0/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.03× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -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.

Employees14/15 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.

Longevity5/15 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

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

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/12/2024

Net Worth

-£1.2M

Balance sheet strength

Cash

£276k

Cash in the bank

Net Current Assets

-£9.5M

Working capital

Current Assets

£288k

Current Liabilities

£9.8M

Fixed Assets

£8.3M

Debtors

£11k

3avg. employees-1

Balance Sheet

Intangible assets£8k
Assets less current liabilities-£1.2M
Signed by S Reddington 22nd December 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.03-£520k
20230.01-£503k
20220.17

Derived from filed accounts. Not audited figures.