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Redwood Residences Ltd

15102647

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

583 CRANBROOK ROAD, ILFORD, IG2 6JZ
Incorporated 29/08/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68201
Renting and operating of Housing Association real estate

Officers

Mr Uzair Khan

director · Since 29/08/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 29

Also on 3 other boards

Persons with Significant Control

Sequoia Group Ltd

75–100% shares
75–100% votes
Appoint directors

555-557, Cranbrook Road, Ilford, IG2 6HE

Reg: 14600126 · Uk Register Of Companies · Private Company Limited By Shares

Notified 29/08/2023

CompanyRankvs 7462+ SIC 68201 peers
48

Financial strength48th percentile among SIC peers · 12/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.84× · 6/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength12/25 pts

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

Employees12/15 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.

Longevity3/15 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 31/12/2024

Net Worth

£105

Balance sheet strength

Cash

£369k

Cash in the bank

Net Current Assets

-£85k

Working capital

Current Assets

£445k

Current Liabilities

£530k

Fixed Assets

£1k

Debtors

£76k

Profit After Tax

£208k

2avg. employees

Tax at Year End

Corp tax£63k
Dividends paid£292k

Balance Sheet

Assets less current liabilities-£84k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20240.84

Derived from filed accounts. Not audited figures.