RED COMMERCE LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -0.8%

  £127,802,000 → £126,739,000

• Cash

  -34.5%

  £2,401,000 → £1,573,000

• Net assets

  +95.5%

  £6,634,000 → £12,971,000

• Employees

  -5.6%

  198 → 187

• Operating profit

  -11.8%

  £9,980,000 → £8,803,000

• Profit before tax

  +6.6%

  £6,394,000 → £6,818,000

• Wages

  +5.5%

  £10,777,000 → £11,373,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. RED COMMERCE LIMITED 2000-02-23 → present
2. RED GRP LIMITED 2000-01-27 → 2000-02-23

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Consequently, the Directors are confident that the Company and Group will have sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements and consequently have prepared the financial statements on a going concern basis.”

Group structure

1. RED COMMERCE LIMITED · parent
   1. Red Commerce GmbH 1% · Germany
   2. Red Commerce Inc 1% · USA
   3. Red Commerce Schweiz GmbH 1% · Switzerland
   4. Red Comm Consultancy India Private Limited 1% · India
   5. Red Commerce Polska Spolka 1% · Poland
   6. Red Commerce B.V. 1% · Netherlands

Significant events

• “In July 2023, the Group terminated the Leumi facility and entered into a Senior Facilities Agreement with Private Debt Providers managed by Pemberton Capital Advisors LLP ("Pemberton") together with a new invoice finance facility provided by HSBC Invoice Finance (UK) Limited ("HSBC IF").”
• “On 1st November 2024, the Group agreed with its lenders to re-set the leverage covenants throughout the loan period.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

9

last 12 months

Capital events

1

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.