Red Ents Limited

Red Ents Ltd, based in Harrow, UK, is a small, active company founded ten years ago in 2015. With four employees and £219,324 in assets, it operates from a virtual address, a detail highlighted by the fact that 566 companies share the same address. The company is led by a single director and owner, who is also the solo founder. It’s an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with just one month of import activity recorded as far back as 2019.

The company's website, Red Entertainment, showcases a theatrical production company operating from London's Covent Garden. It produces and tours a wide range of shows, from comedy and family entertainment to musicals and plays, catering to venues and show lovers. The website lists numerous productions, including tributes to artists like Taylor Swift and Rod Stewart, as well as original works like "Hormonal Housewives." It’s clear that Red Entertainment is focused on live performance and show development.

Financially, Red Ents Ltd presents a mixed picture. Current assets have fallen by 30% to £220,000, while net assets have plummeted 58% to just £68,000. Bank borrowings have decreased significantly by 70% to £52,000, which is a positive sign, but cash reserves have also dropped by 34% to £24,000. Creditors have remained relatively stable, and trade debtors have increased by 19%, which might indicate a focus on expanding sales. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the substantial equity decline warrants attention. There's no auditor mentioned, which is typical for small companies.

Overall, Red Ents Ltd appears to be navigating a challenging financial landscape. While its theatrical production arm seems vibrant and active, the company’s balance sheet suggests it’s burning through money. The decrease in bank borrowings is encouraging, but the declining cash reserves and substantial equity loss raise concerns about its long-term sustainability.

Registered in England/Wales under the registration number 09587390, with a registered address at HA1 1UD, England, Harrow, Middlesex, 1st Floor Healthaid House, Marlborough Hill.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.