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Redemption Foods 2 Limited

14227838

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • 2 outstanding charges (-4)

Details

UNIT 5A, CONSETT, DH8 6SR
Incorporated 12/07/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

10840
Manufacture of condiments and seasonings
10850
Manufacture of prepared meals and dishes
10890
Manufacture of other food products
46390
Non-specialised wholesale of food, beverages and tobacco

Officers

Mr Robert James Clarke

director · Since 27/07/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 64

Also on 6 other boards

Mr William Robert Salam

director · Since 29/07/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 3 other boards

Persons with Significant Control

R C Property Development Ltd

50–75% shares
50–75% votes
Appoint directors

384, Linthorpe Road, Middlesbrough, TS5 6HA

Reg: 11197658 · Company House England And Wales · Private Limited Company

Notified 04/08/2022

Herring Holdings Ltd

25–50% shares
25–50% votes

10a, High Street, Chislehurst, BR7 5AN

Reg: 14270892 · Companies House England And Wales · Private Limited Company

Notified 04/08/2022

Former PSCs

Lomond Fine Foods Limited

Ceased 27/07/2022

Mr Robert James Clarke

Ceased 04/08/2022

Charges2 outstanding

Charge
outstanding

CLOSE BROTHERS LIMITED

Created 19/12/2024Registered 02/01/2025
Charge
outstanding

CYNERGY BUSINESS FINANCE LIMITED

Created 12/09/2022Registered 12/09/2022
Charge
satisfied

THE REDEMPTION FOOD COMPANY LIMITED (IN ADMINISTRATION)

Created 12/08/2022Registered 17/08/2022Satisfied 18/10/2023

CompanyRankvs 448+ SIC 10840 peers
26

Financial strength6th percentile among SIC peers · 2/25
Employees23th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1.28× · 12/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
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89
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89
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89
6Quality Food Ingredients Company Limited
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7Progen International Limited
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8Hendersons (Sheffield) Limited
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88
10Dalesman (Yorkshire) Limited
88
448Redemption Foods 2 Limited
35
How is this score calculated?
Financial strength2/25 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.

Liquidity12/20 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.

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 31/03/2025

Net Worth

-£62k

Balance sheet strength

Cash

£15k

Cash in the bank

Net Current Assets

£158k

Working capital

Current Assets

£731k

Current Liabilities

£574k

Fixed Assets

£111k

Debtors

£623k

0avg. employees-21

Balance Sheet

Assets less current liabilities£269k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.28+£96k
20240.85+£41k
20230.97—

Derived from filed accounts. Not audited figures.