RED SEA MONEY TRANSFER LTD Financials
- Company number
- 11333755Copy
Copy - Registered office
- Unit 10 Warwick House, Overton Road, London SW9 7JP
- Incorporated
- 27/04/2018
Company snapshot
- Status
- Active
- Employees
- 7 (2025)
- Latest financial data
- 2025
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
60.73K%vs 20242024: £142.00
Total Assets
11.28%vs 20242024: £560.48K
Cash in Bank
66.51%vs 20212021: £215.00
Total Liabilities
-1.47%vs 20242024: £545.30K
Employees
+1vs 20242024: 6
In 2025, RED SEA MONEY TRANSFER LTD reported net assets of £86.38K. The same filing shows total assets of £623.69K, cash in bank of £358.00 and total liabilities of £537.31K. Reported headcount was 7 in 2025. Net Assets rose from £142.00 in 2024 to £86.38K in 2025 (60.73K%). Okredo holds filed figures for 2021–2025; 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
60.73K%from £142.00 in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures RED SEA MONEY TRANSFER LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+2142%vs 2023+373% a year compound (CAGR)
Total Assets
+1246%vs 2023+267% a year compound (CAGR)
Total Liabilities
+1177%vs 2023+257% a year compound (CAGR)
Employees
+133%vs 2023+4Biggest increase
Net Assets+2142%
£3.85K in 2023 to £86.38K in 2025
Every indicator Okredo holds for RED SEA MONEY TRANSFER LTD rose between 2023 and 2025. The steepest rise came in net assets, pointing to a strengthening balance sheet, with total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from RED SEA MONEY TRANSFER 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
- 13.85%2025
- Liabilities to total assets
- 86.15%2025
- Cash to liabilities
- 4.82%2022
- Cash to total assets
- 31.24%2022
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 SEA MONEY TRANSFER LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | -4.29K | -6.68K | 3.85K | 142.00 | 86.38K |
| Total Assets£ | 1.40K | 1.15K | 46.33K | 560.48K | 623.69K |
| Cash in Bank£ | 215.00 | 358.00 | – | – | – |
| Total Liabilities£ | 13.69K | 7.43K | 42.08K | 545.30K | 537.31K |
| Employees | 1 | 1 | 3 | 6 | 7 |
RED SEA MONEY TRANSFER LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has RED SEA MONEY TRANSFER LTD filed financial statements?
Yes. Okredo holds filed figures for RED SEA MONEY TRANSFER LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
What net assets did RED SEA MONEY TRANSFER LTD report in 2025?
RED SEA MONEY TRANSFER LTD reported net assets of £86.38K for 2025. That compares with £142.00 in 2024, a change of 60.73K%.
What total assets did RED SEA MONEY TRANSFER LTD report in 2025?
RED SEA MONEY TRANSFER LTD reported total assets of £623.69K for 2025. That compares with £560.48K in 2024, a change of 11.28%.
What cash in bank did RED SEA MONEY TRANSFER LTD report in 2022?
RED SEA MONEY TRANSFER LTD reported cash in bank of £358.00 for 2022. That compares with £215.00 in 2021, a change of 66.51%.
How many people does RED SEA MONEY TRANSFER LTD employ?
RED SEA MONEY TRANSFER LTD reported 7 employees in 2025, compared with 6 in 2024.
How have RED SEA MONEY TRANSFER LTD financials changed over the last 3 years?
Between 2023 and 2025, RED SEA MONEY TRANSFER LTD's net assets rose by 2142%, total assets rose by 1246%, total liabilities rose by 1177% and employee numbers rose by 133%. Net assets compounded at 373% a year across the two years to 2025, from £3.85K to £86.38K. Reported headcount went from 3 in 2023 to 7 in 2025 (+4).
Which years of RED SEA MONEY TRANSFER LTD financial data are available?
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.