REDS10 (UK) LIMITED - Profile & Financials

Accounts Submitted 17 Oct 2024

Confirmation Statement Submitted 28 May 2025

Net assets £16.26M £8.59M 2023 year on year

Total assets £51.63M £34.85M 2023 year on year

Total Liabilities £35.37M £26.26M 2023 year on year

Charges 1

1 satisfied

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Contact & Details

Contact

Update Details

Registered Address

129-131 Metal Box Factory, 30 Great Guildford Street Borough London SE1 0HS England

Office (Driffield)

Driffield Business Park, Kelleythorpe, Driffield YO25 9HD

Office (Wimbledon)

The Old Church, 89b Quicks Road, SW19 1EX

Telephone

0208 545 8800

[email protected]

Website

reds10.com

Credit Report

Discover REDS10 (UK) LIMITED's Credit Score, limit, and payment likelihood.

Mutual Companies

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Financials

Period 1 Jan → 31 Dec 2023

Type Total Exemption Full

Next accounts 31 December 2024

Due by 30 September 2025 9 months

Net Assets, Total Assets & Total Liabilities (2022–2023)

Cash in Bank

£11.47M

Increased by £3.54M (+45%)

Net Assets

£16.26M

Increased by £8.59M (+112%)

Total Liabilities

£35.37M

Increased by £26.26M (+288%)

Turnover

£142.53M

Increased by £79.17M (+125%)

Employees

310

Debt Ratio

69%

Increased by 15 (+28%)

Financial History

Revenue, profit, EBITDA and key financial figures

	2023 Dec Year End	2022 Dec Year End
P&L
Revenue	£142.3M	£128.7M
Gross Profit	£48.2M	£43.1M
Operating Profit	£22.4M	£19.8M
Net Profit	£18.1M	£15.9M
EBITDA	£31.5M	£28.2M
Assets
Cash	£24.7M	£21.3M
Total Assets	£89.4M	£82.1M
Liabilities
Total Liabilities	£45.2M	£41.8M
Key Metrics
Employees	1,247	1,156

Latest Revenue

£142.3M

Latest EBITDA

£31.5M

Cash Position

£24.7M

Funding

Fundraising & Grants

£2.4m awarded

Show:

Investors (0)

No investor information available

Officers

5 active 5 resigned

Show resigned officers

						Status
Anna Ruddick	Secretary	British	Unknown	—	14 Sept 2006	Active
Michael Ruddick	Director	British	England	42	31 Jan 2017	Active
Paul Ruddick	Director	British	United Kingdom	51	14 Sept 2006	Active
Scott Matthew Laird	Director	British	England	41	28 Jul 2021	Active
Stephen Ruddick	Director	British	England	43	28 Apr 2020	Active

Shareholders

Shareholders (4)


Paul Ruddick	65.0%	13	Ordinary	14 May 2020
Michael Ruddick	10.0%	2	Ordinary	14 May 2020
Stephen Ruddick	5.0%	1	Ordinary	14 May 2020

Persons with Significant Control

Persons with Significant Control (1)

1 Active

Paul Ruddick

British

Active

Notified 6 Apr 2016

Residence United Kingdom

DOB February 1974

Nature of Control

Ownership Of Shares 75 To 100 Percent
Voting Rights 75 To 100 Percent
Right To Appoint And Remove Directors

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Group Structure

REDS10 (UK) LIMITED Current Company

ENLIGHT10 LIMITED united kingdom shares 50 to 75 percent, voting rights 50 to 75 percent, appoint/remove directors

REDS10 DEVELOPMENTS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

REDS10 MANUFACTURING LIMITED united kingdom shares 50 to 75 percent, voting rights 50 to 75 percent

WDR10 LLP united kingdom voting rights 25 to 50 percent limited liability partnership

Charges

1 satisfied

Documents

Company Filings

Date	Category	Description	Document
22 Jul 2025	Capital	Capital Alter Shares Subdivision	View(4 pages)
3 Jul 2025	Resolution	Resolutions	View(2 pages)
2 Jul 2025	Capital	Capital Return Purchase Own Shares	View(4 pages)
1 Jul 2025	Capital	Capital Cancellation Shares	View(6 pages)
18 Jun 2025	Persons With Significant Control	Change to Mr Paul Ruddick as a person with significant control on 2025-06-18	View(2 pages)