Redtooth Limited

Redtooth Ltd, based in Mexborough, UK, is a small holding company with an active status, having been founded 23 years ago in 2001. The company employs 18 people and holds £771,991 in assets, operating from a virtual address shared by thirty other companies. It's managed by one director and two owners, though the list of owners changed seven months ago. Redtooth Ltd is a regular importer, specializing in toys, games, and sports equipment, with 30 months of import activity recorded, the last in December 2024.

The company’s website, inforedtoothpoker.com, focuses on poker—specifically, organizing and running poker leagues and tournaments across the UK. It hosts a network of venues, offering players opportunities to compete for prizes and qualify for the annual VEGAS100 trip, a six-night excursion to Las Vegas. The site also provides poker rules, venue finders, and news updates, suggesting a community-driven platform. The poker division seems to be the main focus, with the website’s content and branding centered around the game.

Financially, Redtooth Ltd’s recent performance presents a mixed picture. Current assets decreased by 8.3% to £770,000, while net assets plummeted 24% to £420,000. Cash reserves increased by 29% to £130,000, a positive sign, but bank borrowings have also risen. Trade debtors have decreased significantly, suggesting improved collection efforts. Creditors, however, have increased by 8.4%, and other creditors have risen by 31%, which could indicate increased operating expenses. 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 flexibility, but the decline in equity is a concern. The accounts are unaudited, likely due to the company’s exemption as a small entity.

It appears Redtooth Ltd is navigating a period of transition, with its poker business showing activity but its financial health showing signs of strain. The increased reliance on credit and the drop in equity warrant close monitoring, but the company's niche focus and active community could provide a foundation for future growth.

Registered in England/Wales under the registration number 04232031, with a registered address at S64 8AP, England, Mexborough, South Yorkshire, 39/43 Bridge Street, Swinton.

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