REDRESS SOLUTIONS PLC

• ◆

  2 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

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.”

Group structure

1. REDRESS SOLUTIONS PLC · parent
   1. Redress Solutions Investments Limited 100% · London, England
   2. Redress Solutions Assessment Limited 100% · London, United Kingdom

Significant events

• “Post year end there has been a change in shareholding, with the £20,000 preference shares being converted into ordinary shares. There have been no other significant events affecting the Company since the year end.”

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

Filings

5

last 12 months

Capital events

2

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  —

  Not reported

• Cash

  -33.3%

  £787,742 → £525,525

  lowest in 5 filed years

• Net assets

  -35.9%

  £758,905 → £486,696

  first positive since 2023

• Employees

  0%

  2 → 2

• Operating profit

  -18.4%

  -£243,093 → -£287,733

• Profit before tax

  -20.5%

  -£225,880 → -£272,209

• Wages

  -36.2%

  £221,045 → £141,062

  lowest in 4 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