# RED48 LIMITED (11202347)

> RED48 LIMITED is an active private limited company (company number 11202347) incorporated on 13 February 2018, registered in Wadebridge. Its registered activity is retail sale of audio and video equipment in specialised stores (SIC 47430). Latest small accounts cover the period ending 28 February 2026, showing net assets of £420k and cash of £68k, with 1 employee on average. Net assets rose 12% on the prior period (£376k).

- Status: Active
- Incorporated: 2018-02-13
- Registered office: Wadebridge, PL27 6HB
- SIC 47430: Retail sale of audio and video equipment in specialised stores
- Next accounts due: 2027-11-28
- Confirmation statement due: 2027-02-27
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 124 comparable companies in Other (median £7,077, upper quartile £68k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2026-02-28 | £420k | £68k | £351k | £73k | — | — | 1 |
| 2025-02-28 | £376k | £94k | £289k | £98k | — | — | 1 |

current ratio 6.58; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £419,939 at 28 February 2026
- Net assets up 10% or more on the prior period: +11.7% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 6.58
- Cash at bank of £50,000 or more: Cash £67,626
- Incorporated five or more years ago: Incorporated 13 February 2018

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Edward John Mayne — owns 25–50% of shares; holds 25–50% of voting rights, since 2018-02-13
- Mrs Marieclare Mayne — owns 25–50% of shares; holds 25–50% of voting rights, since 2020-02-27

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/11202347
HTML: https://firmoscan.com/company/11202347-red48-limited