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Redeness Works Limited

14322288

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

21 FETTER LANE, YORK, YO1 6EH
Incorporated 29/08/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Michael Baden Lakin

director · Since 29/08/2022

COMPANY DIRECTOR

ENGLISH · ENGLAND · Age 54

Also on 4 other boards

Miss Sarah Ann Lakin

director · Since 29/08/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 1 other board

Persons with Significant Control

Mr Michael Baden Lakin

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

English · England · Age 54

21, Fetter Lane, York, YO1 6EH

Notified 29/08/2022

Miss Sarah Ann Lakin

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

British · England · Age 61

27, Fairfax Street, York, YO1 6EB

Notified 29/08/2022

CompanyRankvs 47531+ SIC 41100 peers
45

Financial strength66th percentile among SIC peers · 17/25
Employees46th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.02× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength17/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees7/15 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.

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 31/08/2025

Net Worth

£17k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£267k

Working capital

Current Assets

£5k

Current Liabilities

£272k

Fixed Assets

£284k

1avg. employees

Balance Sheet

Assets less current liabilities£17k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20250.02+£9k
20240.01+£4k
20230.03

Derived from filed accounts. Not audited figures.