RED 05 LTD Financials
- Company number
- 10609672Copy
Copy - Registered office
- Unit C Norton Road Business Park, Norton Road, Newhaven, East Sussex BN9 0FN
- Incorporated
- 08/02/2017
Company snapshot
- Status
- Active
- Employees
- 4 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
25.98%vs 20232023: £47.79K
Total Assets
-4.64%vs 20232023: £225.04K
Cash in Bank
-28.42%vs 20232023: £31.37K
Total Liabilities
-12.90%vs 20232023: £177.25K
Employees
-1vs 20232023: 5
In 2024, RED 05 LTD reported net assets of £60.21K. The same filing shows total assets of £214.59K, cash in bank of £22.46K and total liabilities of £154.38K. Reported headcount was 4 in 2024. Total Liabilities fell from £177.25K in 2023 to £154.38K in 2024 (-12.90%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
25.98%from £47.79K in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures RED 05 LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+249%vs 2022+86.7% a year compound (CAGR)
Cash in Bank
-73.1%vs 2022-48.1% a year compound (CAGR)
Total Assets
+44.9%vs 2022+20.4% a year compound (CAGR)
Total Liabilities
+18%vs 2022+8.6% a year compound (CAGR)
Employees
-20%vs 2022-1Biggest increase
Net Assets+249%
£17.28K in 2022 to £60.21K in 2024
Biggest decrease
Cash in Bank-73.1%
£83.40K in 2022 to £22.46K in 2024
RED 05 LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from RED 05 LTD's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 28.06%2024
- Liabilities to total assets
- 71.94%2024
- Cash to liabilities
- 14.55%2024
- Cash to total assets
- 10.46%2024
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for RED 05 LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | -3.63K | 17.28K | 47.79K | 60.21K |
| Total Assets£ | 88.82K | 148.12K | 225.04K | 214.59K |
| Cash in Bank£ | 15.96K | 83.40K | 31.37K | 22.46K |
| Total Liabilities£ | 92.45K | 130.84K | 177.25K | 154.38K |
| Employees | 4 | 5 | 5 | 4 |
RED 05 LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has RED 05 LTD filed financial statements?
Yes. Okredo holds filed figures for RED 05 LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did RED 05 LTD report in 2024?
RED 05 LTD reported net assets of £60.21K for 2024. That compares with £47.79K in 2023, a change of 25.98%.
What total assets did RED 05 LTD report in 2024?
RED 05 LTD reported total assets of £214.59K for 2024. That compares with £225.04K in 2023, a change of -4.64%.
What cash in bank did RED 05 LTD report in 2024?
RED 05 LTD reported cash in bank of £22.46K for 2024. That compares with £31.37K in 2023, a change of -28.42%.
How many people does RED 05 LTD employ?
RED 05 LTD reported 4 employees in 2024, compared with 5 in 2023.
How have RED 05 LTD financials changed over the last 3 years?
Between 2022 and 2024, RED 05 LTD's net assets rose by 249%, cash in bank fell by 73.1%, total assets rose by 44.9% and total liabilities rose by 18%. Net assets compounded at 86.7% a year across the two years to 2024, from £17.28K to £60.21K. Reported headcount went from 5 in 2022 to 4 in 2024 (-1).
Which years of RED 05 LTD financial data are available?
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.