Red Systems Ltd

Red Systems Ltd, based in Neston, UK, is a small, active company founded 18 years ago. With 35 employees and £5,368,805 in assets, it’s a well-established player in the glazing industries. The company boasts a real address and is overseen by five directors and one owner, maintaining a perfect 5.0 Google rating based on four reviews. It’s an irregular importer of iron and steel, with recent activity recorded just two months ago.

The company's website highlights its specialization in architectural glazing, operating from both London and the North West. They offer a range of services, from design and installation of aluminium windows to SFS (Structural Steelwork Framing) and even offsite manufacturing. They've recently expanded their capabilities by acquiring Red Optimal, allowing them to offer complete SFS and glazing packages. Their website also showcases several case studies, including projects in Rochdale, Hughes House, and Stockport, and emphasizes a commitment to sustainability and digital construction.

Financially, Red Systems Ltd shows a mixed picture. Current assets have increased by 18% to £5,400,000, while net assets have jumped 30% to £2,700,000. Cash reserves have seen a significant boost, rising 74% to £1,400,000. However, bank borrowings have increased by a substantial 200% to £54,000, and other creditors have risen dramatically by 120% to £1,000,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the increase in creditors suggests a need to manage cash flow more closely. With no auditor mentioned, the figures are unaudited.

Overall, Red Systems Ltd appears to be growing, but the increased debt needs to be monitored. The company’s focus on quality, digital construction, and customer service positions it well for continued success in the competitive glazing market.

Registered in England/Wales under the registration number 06014409, with a registered address at CH64 3RU, United Kingdom, Neston, Wirral, Plot L, Clayhill Industrial Estate.

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