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Red Power Store Ltd

15199571

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

13 DUKE STREET, CHELMSFORD, CM1 1HL
Incorporated 10/10/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96090
Other personal service activities

Officers

Mr Shimal Loqman Ali

director · Since 10/10/2023

COMPANY DIRECTOR

IRAQI · ENGLAND · Age 32

Also on 5 other boards

Persons with Significant Control

Mr Shimal Loqman Ali

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

Iraqi · England · Age 32

13, Duke Street, Chelmsford, CM1 1HL

Notified 10/10/2023

CompanyRankvs 81427+ SIC 96090 peers
41

Financial strength59th percentile among SIC peers · 15/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.6× · 6/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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81427Red Power Store Ltd
36
How is this score calculated?
Financial strength15/25 pts

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

Employees2/15 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 31/10/2024

Net Worth

£3k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£28k

Working capital

Current Assets

£28k

Current Liabilities

£46k

Fixed Assets

£15k

0avg. employees

Balance Sheet

Assets less current liabilities£43k
Prepared with Capium Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.60

Derived from filed accounts. Not audited figures.