UK Companies House feature
REDSIFT LIMITED
Cash
£7M
-35.8% vs 2023
Net assets
£23M
-7.2% vs 2023
Employees
48
-22.6% vs 2023
Profit before tax
—
Period ending 2024-12-31
Profile
- Company number
- 09240956
- Status
- Active
- Incorporation
- 2014-09-30
- Last accounts made up
- 2024-12-31
- Account category
- GROUP
- Primary SIC
- 62012
Net assets
10-year trend · vs UK AI & Enterprise SaaS median
Accounts
10-year trend · latest 2024-12-31
| Metric | Trend | 2018-10-01 | 2019-09-30 | 2020-12-31 | 2021-01-01 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | — | — | — | — | |
| Operating profit | — | — | — | — | — | — | — | — | — | — | |
| Profit before tax | — | — | — | — | — | — | — | — | — | — | |
| Net profit | — | — | — | — | -£3,169,575 | — | -£4,496,385 | — | -£4,300,194 | -£2,942,414 | |
| Cash | — | £7,013,322 | £6,429,333 | — | £3,093,704 | — | £19,677,680 | — | £10,896,252 | £6,992,552 | |
| Total assets less current liabilities | — | £6,741,744 | £6,345,288 | — | £607,846 | — | £29,348,142 | — | £25,040,996 | £23,247,213 | |
| Net assets | — | £6,735,151 | £3,283,472 | — | — | — | — | — | — | — | |
| Equity | — | £6,735,151 | £3,283,472 | £3,283,472 | £157,649 | £157,649 | £28,861,519 | £28,861,519 | £24,637,226 | £21,761,366 | |
| Average employees | — | 26 | 37 | — | 42 | — | 57 | — | 62 | 48 | |
| Wages | — | — | — | — | — | — | — | — | — | — |
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
- Consolidated (group)
- Auditor
- James Cowper Kreston Audit
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors are confident that the Group has adequate resources to meet its obligations as they fall due for at least twelve months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.”
Subsidiaries
- Redsift Spain SLU · 100% held · Spain
- Redsift Inc · 100% held · USA
- Redsift Australia Pty Ltd · 100% held · Australia
- Hardenize Ltd · 100% held · United Kingdom
- Redsift Germany GmbH · 100% held · Germany
Significant events
- “In 2024, Red Sift deepened its investment in artificial intelligence to enhance product innovation and security capabilities. A key milestone was our recognition in Gartner's Emerging Tech Impact Radar for Security, affirming our leadership in Al-driven predictive security.”
- “Recognised revenue increased 22% year over year, with steady expansion across international segments. Our disciplined financial management and strategic investment prioritisation led to a 65% reduction in operating cash burn.”
- “Red Sift OnDMARC maintained its leadership position in G2's DMARC category for the fourth consecutive time, reflecting high customer satisfaction and market strength.”
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
8 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| OAKWOOD CORPORATE SECRETARY LIMITED | Corporate Secretary | 2022-02-10 | — | — |
| BROOKS, Samuel Woodworth | Director | 2022-01-10 | May 1978 | British,American |
| GRANINGER, Michael Gregory | Director | 2020-09-15 | May 1967 | American |
| HEDGER, Michael Carey | Director | 2020-04-06 | Dec 1952 | British |
| PINTO, Randal Juliano Pereira | Director | 2014-09-30 | Jul 1978 | British |
| POWAR, Rahul | Director | 2014-09-30 | Feb 1980 | British |
| SAMAAN, Mina | Director | 2019-08-02 | Apr 1991 | British |
| VAN DER BEL, Michel Alexander | Director | 2021-03-18 | Mar 1960 | Dutch |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BRADLEY, Daniel Thomas | Director | 2016-06-23 | 2019-10-22 |
| HERNANDEZ GALLARDO, Christian | Director | 2016-06-23 | 2019-03-13 |
| LINCOLN, Robin Lewis | Director | 2019-10-22 | 2021-06-15 |
| STOCKS, Nicholas John | Director | 2019-03-13 | 2022-01-10 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mmc Ventures Limited | Corporate entity | Significant influence | 2019-08-02 | Ceased 2021-02-06 |
| Mr Eric Fortin | Individual | Significant influence | 2016-07-25 | Ceased 2021-02-06 |
| Oxford Capital Partners Llp | Corporate entity | Significant influence | 2016-06-29 | Ceased 2021-02-06 |
| Mr Christian Hernandez Gallardo | Individual | Significant influence | 2016-06-23 | Ceased 2019-03-13 |
| Mr Randal Juliano Pereira Pinto | Individual | Significant influence | 2016-04-06 | Active |
| Mr Rahul Powar | Individual | Significant influence | 2016-04-06 | Active |
Filing timeline
Last 20 of 152 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-01-16 | SH01 | capital | capital allotment shares |
| 2025-09-04 | SH01 | capital | capital allotment shares |
| 2025-08-21 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-08-05 | AA | accounts | accounts with accounts type group |
| 2025-07-08 | SH01 | capital | capital allotment shares |
| 2025-03-27 | SH01 | capital | capital allotment shares |
| 2025-02-03 | SH01 | capital | capital allotment shares |
| 2024-10-04 | AA | accounts | accounts with accounts type group |
| 2024-09-12 | SH01 | capital | capital allotment shares |
| 2024-08-21 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-05-18 | SH01 | capital | capital allotment shares |
| 2024-02-16 | SH01 | capital | capital allotment shares |
| 2024-01-17 | SH01 | capital | capital allotment shares |
| 2023-12-11 | RESOLUTIONS | resolution | resolution |
| 2023-10-18 | SH01 | capital | capital allotment shares |
| 2023-09-28 | AA | accounts | accounts with accounts type group |
| 2023-08-29 | CS01 | confirmation-statement | confirmation statement with updates |
| 2023-06-17 | SH01 | capital | capital allotment shares |
| 2023-06-15 | MA | incorporation | memorandum articles |
| 2023-06-15 | RESOLUTIONS | resolution | resolution |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Composite activity score · components 0–100 · reference 2026-05-09
46
COOL
/ 100
- Filings velocity 42
- Capital events 100
- Officer churn 0
- Headcount trajectory 27
- Accounts trajectory 43
- 5 filing(s) in last 12 months
- 7 capital event(s) in last 24 months
- Employees -23% YoY
- Total Assets Less Current Liabilities -7% YoY