Redler Limited
14810921
Some Concerns
- Negative net worth (-10)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Qlar Pneumatic Conveying Uk Ltd
Unit D3, Bryans Close, Harworth, DN11 8RY
Reg: Sc236666 · Scotland · Private Limited Company
Notified 18/04/2023
CompanyRankvs 326+ SIC 28930 peers17
Show leaderboard
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
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
performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue. Our responsibilities and the responsibilities of the directors with respect t
Key FinancialsYear ending 31/12/2024
Turnover
£6.0M
Annual revenue
Net Worth
-£1.4M
Balance sheet strength
Cash
£348k
Cash in the bank
Profit Before Tax
-£1.4M
Bottom line earnings
Net Current Assets
-£1.1M
Working capital
Current Assets
£2.1M
Current Liabilities
£3.1M
Fixed Assets
£1.1M
Debtors
£1.2M
Cost of Sales
£4.4M
Gross Profit
£1.6M
Admin Expenses
£2.7M
Operating Profit
-£1.1M
Profit After Tax
-£1.4M
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.67 | -£1.4M |
Derived from filed accounts. Not audited figures.