Red Velvet Limited
14170677
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
30/06/2024
micro entity
Next accounts due
28/06/2026
Confirmation statement
Last: 13/06/2025
Due 27/06/2026
Industry
Officers
Persons with Significant Control
Mrs Harpinder Sandhu
British · England · Age 46
5, Albany Road, Coventry, CV5 6JQ
Notified 14/06/2022
Charges1 outstanding
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 3106+ SIC 47240 peers28
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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.
Risk deductions
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/06/2024
Net Worth
-£4k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£65k
Working capital
Current Assets
£34k
Current Liabilities
£99k
Fixed Assets
£143k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.35 | +£14k |
| 2023 | 0.24 | — |
Derived from filed accounts. Not audited figures.