Cash

£526K

-33.3% vs 2024

Net assets

£487K

-35.9% vs 2024

Employees

2

0% vs 2024

Profit before tax

-£272K

-20.5% vs 2024

Profile

Company number
09079980
Status
Active
Incorporation
2014-06-10
Last accounts made up
2025-06-30
Account category
FULL
Primary SIC
66300
Hubs
UK Fintech

Net assets

7-year trend · vs UK Fintech median

£0£500k£1m2020202120222023202320242025
REDRESS SOLUTIONS PLC

Accounts

7-year trend · latest 2025-06-30

Metric Trend 2020-06-302021-06-302022-06-302023-06-302023-07-012024-06-302025-06-30
Turnover £156,085
Operating profit -£243,093-£287,733
Profit before tax -£463,468£534,876-£225,880-£272,209
Net profit £534,876-£225,880-£272,209
Cash £732,535£987,567£987,567£787,742£525,525
Total assets less current liabilities £1,591,337£1,081,861£788,072£486,696
Net assets -£2,500,320-£1,965,444£758,905£486,696
Equity -£2,036,852-£2,500,320-£1,965,444£964,785£758,905£486,696
Average employees 2222
Wages £217,945£209,809£221,045£141,062

Values shown as filed in iXBRL accounts. indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers

Audit & accounting basis

From AI-extracted PDF accounts

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
Menzies LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. At the year end the Company has net assets of £486,696 (2024: £758,905) and cash of £525,525 (2024: £787,742). The directors have a reasonable expectation the Company has sufficient cash to continue to adopt the going concern basis of accounting in preparing the financial statements.”

Subsidiaries

Significant events

Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers

People

3 active · 2 resigned

Name Role Appointed Born Nationality
ZUCKERMAN, Michael Andre Secretary 2014-06-10
NASTA, Marius Ion Director 2014-06-10 May 1967 Belgian
ZUCKERMAN, Michael Andre Director 2014-06-10 Jul 1949 British
Show 2 resigned officers
Name Role Appointed Resigned
WISEMAN, Stephen John Director 2014-06-10 2019-08-07
CHARTER HOUSE SQUARE FINANCE COMPANY LIMITED Corporate Director 2014-06-10 2016-02-24

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mr Marius Ion Nasta Individual Voting 25–50% 2020-12-15 Active
Mr Michael Andre Zuckerman Individual Voting 25–50% 2020-12-15 Active
Mr Michael Andre Zuckerman Individual Significant influence 2016-07-01 Ceased 2017-08-02
Mr Radu Dimofte Individual Shares 25–50% 2016-04-06 Ceased 2025-06-01
Charter House Square Finance Company Limited Corporate entity Shares 25–50% 2016-04-06 Ceased 2024-05-29

Filing timeline

Last 20 of 45 total filings

Date Type Category Description
2025-10-31 AA accounts accounts with accounts type full
2025-07-17 SH01 capital capital allotment shares
2025-07-17 SH01 capital capital allotment shares
2025-06-10 CS01 confirmation-statement confirmation statement with no updates
2025-06-10 PSC07 persons-with-significant-control cessation of a person with significant control
2024-12-23 AA accounts accounts with accounts type full
2024-06-11 CS01 confirmation-statement confirmation statement with updates
2024-06-09 PSC07 persons-with-significant-control cessation of a person with significant control
2023-11-01 AA accounts accounts with accounts type full
2023-06-12 CS01 confirmation-statement confirmation statement with no updates
2022-12-19 AA accounts accounts with accounts type full
2022-06-10 CS01 confirmation-statement confirmation statement with updates
2021-10-12 AA accounts accounts with accounts type full
2021-06-10 CS01 confirmation-statement confirmation statement with no updates
2021-05-13 AD01 address change registered office address company with date old address new address
2021-01-29 SH08 capital capital name of class of shares
2021-01-29 SH10 capital capital variation of rights attached to shares
2021-01-29 RESOLUTIONS resolution resolution
2020-12-31 AA accounts accounts with accounts type full
2020-12-21 PSC01 persons-with-significant-control notification of a person with significant control

Credit score

Altman Z″ (private-firm) · reference 2025-06-30

10.86

SAFE

Altman Z″

  • Working capital / Total assets 0.871 × 6.56 = +5.71
  • Retained earnings / Total assets 0.000 × 3.26 = +0.00
  • EBIT / Total assets -0.527 × 6.72 = -3.54
  • Book equity / Total liabilities 8.281 × 1.05 = +8.69

Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.

Activity Score

Filings velocity, capital events, officer churn, accounts trajectory

Activity Score not yet computed for this company.

Official Companies House page