RED BADGER CONSULTING LIMITED

Latest accounts filed cover 2024-10-31; financial figures currently reflect up to 2022-10-31.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

S&W Partners Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have 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 financial statements are authorised for issue.”

Significant events

• “During FY24 the market has proven slower than expected. We continued to observe how the unstable economic outlook impacts our client decision makers, resulting in some delayed deals, shortening of existing projects, and wins tending towards shorter commitment. As a result for the financial year ending October 2024; Red Badger's revenue fell by 8.1% to £10.0m (2023: £10.9m).”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

6

last 12 months

Capital events

2

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +11%

  £12,673,053 → £14,062,627

• Cash

  -41.7%

  £1,978,673 → £1,153,908

  lowest in 5 filed years

• Net assets

  -24.9%

  £4,132,449 → £3,105,525

  lowest in 3 filed years

• Employees

  -0.8%

  120 → 119

  lowest in 3 filed years

• Operating profit

  -359.5%

  -£134,191 → -£616,590

  lowest in 3 filed years

• Profit before tax

  -359.4%

  -£133,816 → -£614,814

  lowest in 3 filed years

• Wages

  +7%

  £8,757,764 → £9,369,729

  highest in 3 filed years

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers