Back to search

Redwaters (Norland) Ltd

13903340

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 09/02/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr James Connelly

director · Since 09/02/2022

CONSTRUCTION

SCOTTISH · ENGLAND · Age 63

Also on 8 other boards

Mr Martin Gerard King

director · Since 09/02/2022

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Also on 3 other boards

Mr Sean Francis Mccaul

director · Since 09/02/2022

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 21 other boards

Persons with Significant Control

Mr James Connelly

25–50% shares
25–50% votes

Scottish · England · Age 63

The Barn, 232 Chaddock Lane, Worsley, M28 1DN

Notified 09/02/2022

Sean Francis Mccaul

25–50% shares
25–50% votes

British · United Kingdom · Age 59

The Barn, 232 Chaddock Lane, Worsley, M28 1DN

Notified 09/02/2022

CompanyRankvs 76955+ SIC 41100 peers
32

Financial strength20th percentile among SIC peers · 5/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.99× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength5/25 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.

Liquidity6/20 pts

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

Longevity4/15 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

-£1k

Balance sheet strength

Cash

£28

Cash in the bank

Net Current Assets

-£1k

Working capital

Current Assets

£113k

Current Liabilities

£114k

Debtors

£5k

0avg. employees

Balance Sheet

Assets less current liabilities-£1k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.99
20240.99
20230.99

Derived from filed accounts. Not audited figures.